Buy A Porsche Get A Tax Credit?

Yes, it's true, if you buy a Porsche you can get a Federal tax credit. The 2011 Porsche Cayenne S Hybrid, Porsche's first production hybrid, has been certified as being eligible for the Alternative Motor Vehicle Tax Credit as a Qualified Hybrid Motor Vehicle. That means that buyers who pick one up before the end of the year are eligible for an Alternative Motor Vehicle Tax Credit of $1,800 on their 2010 taxes.

The Cayenne S Hybrid accelerates from 0 to 60 mph in just 6.1 seconds and delivers an impressive EPA-certified 20 mpg city/24 highway. it has a combined power output of 380 horsepower from the supercharged V6 combustion engine and an electric motor, giving it a performance nearly equal to the Cayenne S which has a 400-horsepower V8. The base price before the federal tax credit is $67,700 (excluding destination).