related linksRead more advice-related articles
MORE ON MSN AUTOS
MORE ON MSN
MSN AUTOS VIDEO
Why do they keep telling people the Governments credit of $7,500 for an electric car will give you a refund of $7,500? It reduces your taxable income by $7,500 so at the 40% tax bracket will net you a refund check over $2,000 not $7,500.
The MSRP price VW Passat TDI starts around $26,000 and tops out just north of 32,000. How can MSN make a $10,000 blunder like that. They should do more research before providing misinformation to thousands of people. To further clarify the MSN article, I believe that diesel pollutes less greenhouse gasses but more NOX and particulates. Also, if you consider the CO2 that is released and the pollution that is caused from extracting the heavy metals from the earth to make all those Hybrid batteries, the batteries are worse than the diesel engines. Hybrid cars may have a larger Carbon Footprint than a diesel cars. Diesels often out perform the EPA estimates while hybrid and regular gas cars are usually far lower than EPA estimates. The upgrade to diesel engine is comparable if not less costly than upgrading to a Hybrid.