Honda Announces 2006 Hybrid Tax Credits

Tax credits should always be considered in any calculation of cost versus rewards for hybrid vehicles over their gas-only alternatives. With each year’s tax code the credit for hybrids changes. This year the government has assigned a credit of $2,100 for the 2006 Civic Hybrid, $1,300 for the 2006 Accord Hybrid, and $1,450 for the 2006 Insight.

We’ll keep you posted as other automakers announce the tax credit for their hybrid vehicles.

[Source: Honda]