Category: Auto News, Ford, Ford Fusion, Sedans, Hybrid
The hits keep coming for Ford today. After announcing their selection as the industry's patent leader earlier today, Ford has announced that the 2010 Fusion Hybrid now qualifies for a $3400 tax credit, the largest credit available.
"Hybrids are an important part of our strategy to deliver the best or among the best fuel economy with all of our new products, and the Fusion and Milan Hybrids have set the pace for the company, as well as our competitors," said Derrick Kuzak, Ford group vice president for Global Product Development. "We're glad to see our government help promote these advanced, clean fuel-efficient vehicles to the consumer."
As with all hybrids, the tax credit decreases as more units are sold, so if you want the maximum $3400 back from Uncle Sam, you need to put your order in before March 31. After that, the rebate drops to $1700 through September 30. October 1, the rebate drops to $850 and is good until March 21, 2010. After that, you'll have to pay full price. The rebate is also good for the Fusion's twin, the Mercury Milan Hybrid. The tax credits drop off sharply because Ford has already reached the 60,000 hybrids sold threshold, at which point the government scales back the hybrid tax credits for the manufacturer.
What this means for you, the consumer, is that if you rush out the door right now and pick up a no-options Fusion Hybrid, which starts at $27,270, you could have a mid-size hybrid that gets up to 41 mpg city in your garage for just $23,870. After March 31, though, you'll be paying $25,570, then $26,420 after October 1. Of course, just as your mileage may vary, so might your actual price once dealer mark-ups and taxes are calculated.
Source: Ford
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