Thanks Vince, that was just the kind of document I was looking for. I think the kicker is this statement:
"... is a qualified vehicle if ... It has never been used as a nonelectric vehicle." So does getting a new title make a vehicle "brand new" in the eyes of the law? Common sense says no, but maybe legally there's hope, might be a good question for a lawyer. This might work for a kit car, though. Also, not a tax expert (so check before acting on my words!) but it looks like property used for charging electric vehicles is deductible. So maybe a Rudman charger and a portion of your house payment could be deducted. Again, all disclaimers apply! Check with your tax professional. --- Vince <[EMAIL PROTECTED]> wrote: > > David wrote: > > > I would like to get the Federal tax credit if I can (I > > assume it is still going and hope it is still going when I'm > done). As > > I understand it, you have to have a "new" car, so what I figure > is if > > I retitle the car as a "2003 Dymaxionmobile Serial Number > > 00000000000000001" I should be able to qualify for the credit. > Any > > comments or suggestions on this? > > Nice try, but it's not gonna fly. > > Check out the requirements, page 44: > > http://www.irs.gov/pub/irs-pdf/p535.pdf > > > Vince > __________________________________________________ Do You Yahoo!? HotJobs - Search Thousands of New Jobs http://www.hotjobs.com
