STEP #5 â Bid at the auction. Call the trustee the day before or the day of the auction to check one last time if the auction has been canceled or postponed. If an auction is postponed, the trustee should provide the new auction date. Arrive at the auction location early and locate the auctioneer as quickly as possible.
The Ford C-Max Energi and Ford Fusion Energi plug-in hybrids each qualify for a $4,000 federal tax credit; the Honda Accord Plug-In Hybrid rates a credit of up to $3,625, and the Toyota Prius Plug-In qualifies for a $2,500 income tax credit.n short: A used Chevrolet Volt is no longer eligible for the credit. Neither is any other used EV, plug-in hybrid or other type of vehicle that qualified for federal tax credits when it was new. This is useful to know, because it can be a bargaining point in a used-car purchase negotiation.
Conversion Kits (Section 1143): ARRA also provided a tax credit for plug-in electric drive conversion kits. The credit is equal to 10 percent of the cost of converting a vehicle to a qualified plug-in electric drive motor vehicle and placed in service after Feb. 17, 2009. The maximum amount of the credit is $4,000.