2007 Nissan Altima Hybrid Qualifies for Tax Credit

Need a car? The 2007 Nissan Altima Hybrid vehicle meets the requirements of the Alternative Motor Vehicle Credit as a qualified hybrid motor vehicle. If you want to get in on this tax credit, it’s best to buy early. From IRS.gov:

“Taxpayers may claim the full amount of the allowable credit up to the end of the first calendar quarter after the quarter in which the manufacturer records its sale of the 60,000th vehicle. For the second and third calendar quarters after the quarter in which the 60,000th vehicle is sold, taxpayers may claim 50 percent of the credit. For the fourth and fifth calendar quarters, taxpayers may claim 25 percent of the credit. No credit is allowed after the fifth quarter.” Got all that?

The credit amount for the hybrid vehicle certification of the 2007 Nissan Altima Hybrid is $2,350. Not to mention all the money you’ll save on gas. Hybrids are neat-o. —MEGHANN MARCO

2007 Nissan Altima Certified as Qualified Hybrid Vehicle [IRS]