New Car Rebate Blogs

Fiscal Year Budget to Benefit Hybrid & Electric Car Rebates

The newly proposed Fiscal Year budget for 2013 according to Barack Obama, offers new and more options to motivate customers to opt for a hybrid or electric vehicle.

Currently, tax rebates range from $2.500 to $7.500, depending on the car’s battery: the most efficient and innovative, the bigger the tax rebate is. With the new proposition, rebates could increase as much as $10.000 in some of the cases.

Obama’s main objective with this initiative is to have one million hybrid-electric automobiles running by the year 2015. And, one of the main reasons why he believes this will be possible is because this “will help increase production of advanced vehicles that diversify our fuel use and bring down the cost of producing such vehicles”

To find current hybrid car rebates please visit us at CarDealerrebates.com