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$1800 IRS tax credit for Diesel X5
02/04/2009 Purchasers of 335d Sedan and X5 xDrive35d Sports Activity Vehicle® qualify for up to $900 and $1,800 tax credit respectively Woodcliff Lake, NJ - February 4, 2009... BMW of North America, LLC confirmed today that both of its BMW Advanced Diesel models with BluePerformance technology have qualified for an Internal Revenue Service Advanced Lean Burn Technology Motor Vehicle Tax Credit. In choosing vehicles that will burn significantly less fuel and produce significantly fewer greenhouse gas emissions, purchasers of the 335d Sedan will qualify for up to a $900 tax credit while purchasers of the X5 xDrive35d Sports Activity Vehicle® will qualify for up to a $1,800 tax credit. "Qualification for these tax credits is further recognition of the remarkable efficiency of our new BMW Advanced Diesel models," said Jim O'Donnell, President of BMW of North America, LLC. Both BMW Advanced Diesel models keep the promise of the Ultimate Driving Machine® while delivering class leading fuel efficiency. With 265 horsepower and 425 lb-ft of torque available from the 3.0-liter sequential twin-turbo 3.0-liter inline six-cylinder diesel engine, the 335d is capable of accelerating from 0 - 60 mph is six seconds flat while the X5 xDrive35d will do it in just 6.9 seconds. In spite of this level of performance the 335d Sedan, the most fuel efficient BMW ever sold in the US, delivers 23 miles per gallon city and 36 miles per gallon on the highway according to the US EPA. The X5 xDrive35d is rated at 19 mpg city and 26 mpg highway. Both models are capable of traveling nearly 600 miles on a single tank of fuel. The 335d Sedan and X5 xDrive35d Sports Activity Vehicle® are now available in BMW centers across all 50 states. |
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#2
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Anyone know the income limits to qualify for the tax credit?
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#3
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Wish I had fifty grand sitting around.
LOL
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Is this is new car tax credit that they are trying to add to the stimulus package? If so that has a car cost cap of $50,000 and an income cap of $250,000 per household.
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#5
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I thought the tax credit on the X5 was 1550.00?
Craig Last edited by Craig; 02-05-2009 at 05:30 PM. |
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Wish we had a tax cut here??? You guys are lucky...
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1988- M5 E28 Full South African Spec Antracite 2000- 740i E38 Fully Loaded Sorrent Blue 2004- 730d E65 Fully Loaded Titan Silver 2008- 750i E65 Fully Loaded Black 2005- 530d E60 Fully Loaded Deep Green 2009- 330d E90 Sport Pack Fully Loaded T/Silver 2009- X5 3.5d E70 Sport Pack Fully Loaded Titan Silver |
#7
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Quote:
The options overseas puts our market to shame.
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#8
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Everybody including the so called Eco friendly energy smart politicians are talking about carbon emissions etc in Australia as well, but the government wouldt think about giving the general public who use diesel cars any tax incentives or credits. You guys that get these incentives are very lucky indeed.
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#9
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Quote:
Our 95(at reef altitude) 98(at coast) octane petrol fuel is still 20% cheaper than our ultra low sulphur Diesel, per liter. So when they bring in the Blutec/Blue Diesel we going to pay like there is no tommorow. No Offence, but we have always paid tons of cash for Fuel in South Africa. We get no Rebate whatsoever, even in our businesses, we cannot claim back monies spent on the road. That is why the USA is the country of real DREAMS.
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1988- M5 E28 Full South African Spec Antracite 2000- 740i E38 Fully Loaded Sorrent Blue 2004- 730d E65 Fully Loaded Titan Silver 2008- 750i E65 Fully Loaded Black 2005- 530d E60 Fully Loaded Deep Green 2009- 330d E90 Sport Pack Fully Loaded T/Silver 2009- X5 3.5d E70 Sport Pack Fully Loaded Titan Silver |
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