Thread: Direct Injection!
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Old 07-15-2009, 11:13 AM   #38 (permalink)
GMZ
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Quote:
Originally Posted by need4speed View Post
The 2500 rebate was obamas 1st tax break. It was national news now in february.
The dealership is supposed to waive ur tax up to $2500 on site of purchase.
Unlike the real estate $8000 credit the car credit is instant.
And if u have an old clunker. You can get up 2 another 4500 if u give it up.
So right now there's up to 7000 in money u can claim depending on ur situation
And what kind of car you will purchase. 09 is free cash year. Lol
Um no dude. You still have to pay state sales tax and any FET at time of purchase, you just get that amount back from the feds at tax time next year. Read the IRS bulletin.

ETA: Never the less, good news.
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