Where federal rebates for Toyota and Lexus hybrids stand as of Oct. 1
Just so everyone's clear on where Toyota's hybrid models stand in getting federal tax credits in the United States, here's the way the money lines up for purchases after Oct. 1 (i.e., tomorrow), courtesy of Toyota:
- Toyota Prius: $1,575
- Toyota Camry Hybrid: $1,300
- Toyota Highlander Hybrid: $1,300
- Lexus RX 400h: $1,100
- Lexus GS 450h: $775
- Prius: $787.50
- Camry Hybrid: $650
- Highlander Hybrid: $650
- Lexus RX 400h: $550
- Lexus GS 450h: $387.50
Note: since these credits are from the government, they're not available to all purchasers (like, say, manufacturer's rebates). Check with the dealer or the IRS to see if you qualify.
[Source: Toyota]
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