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.
Type: Incentives | Jurisdiction: Federal. A tax credit is available for the purchase of a new qualified plug-in electric drive motor vehicle that draws propulsion using a traction battery that has at least five kilowatt-hours (kWh) of capacity, uses an external source of energy to recharge the battery, has a gross vehicle weight rating of up to 14,000 pounds, and meets specified emission standards.