IRS Announces Tax Credits For Toyota Prius

Posted by admin on Monday Jul 26, 2010 Under Toyota News

The Toyota Prius is the vehicle that started the entire hybrid vehicle craze. It continues to dominate the market and the IRS has announced the tax credits for this year.

IRS Announces Tax Credits For Toyota Prius

In an effort to promote energy efficiency, the federal government has instituted an energy program that provides financial rewards for energy efficient products. The government realizes prodding us with words is not going to work. As such, it has decided to issue tax credits to motivate us to conform our activities to the desired goal. In this case, reducing our oil dependency is the key.

The Toyota Prius was the first mass production hybrid vehicle. It was such a hit that Toyota could not come close to filling orders the first few years. This is still the case to some extent, a reflection of our rising environmental consciousness and high gas prices. The tax credit you get with a purchase provides another reason to buy this peppy little vehicle.

The IRS issues tax credit amounts for hybrid cars that meet its standards. Various manufactures have been approved including Ford, Lexus, Honda, Mercury and, of course, Toyota. In this case, the tax credit is £3,150. You must purchase the car new from a dealer to qualify for the credit and the sooner, the better. The tax credit is graduated, which means it gets reduced as more cars are sold through the year. The full credit is only available through the quarter of the fiscal calendar of the year after which Toyota sells the 60,000 car. If you buy in the following two fiscal quarters, you can only claim half of the tax credit. The subsequent two quarters see a reduction to 25 percent of the tax credit. After that, you cannot claim any of the credit.

It is important to understand the difference between a tax credit and a tax deduction. A tax deduction is taken from your adjusted gross income, which helps a bit. A tax credit is a pound for pound reduction of the amount of tax you owe. In this case, the tax credit could be used to reduce a 10,000 tax bill by £3,150 to £6,850. That is a huge savings any way you cut it.

Obviously, hybrid vehicles are hot sellers and make sense on a lot of fronts given outrageous gas prices. The tax credits that come with each purchase certainly adds to their popularity.

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Great Toyota Parts

Posted by admin on Monday Jul 19, 2010 Under Toyota News

Cars are something we use to get by with our daily lives. They have been changed and improved over the years, with better safety feature and luxury features as well. With the stress of our lives today we would like to have comfort and power operated auto part with the push of a button.

Today, most cars come with an air conditioning system that keeps the driver and the passenger cabin comfortable with the scorching heat the summer can bring. The introduction of the air conditioning and heat system was a big step in the auto industry. It gave drivers the same comforts as home.

At the heart of this system is the Toyota AC Condenser. This part is the one in charge of dissipating heat absorbed from the car’s interior. It works the same as the Toyota Radiator, which actually cools the engine. Usually, the air flowing through the ac condenser is supplemented by the Toyota Condenser Fan.

A bad AC system means great discomfort on your part so if your Toyota AC system isn’t functioning because of damaged auto parts make sure you replace the defective part or parts immediately to avoid the problem. Especially when you are using your car on long drives, replacing it is essential. A long drive can be very tiring; but with an efficient AC system you can arrive at your destination with more ease and more comfortably.

Of course, just having a good AC won’t make the whole ride comfortable there is also the issue of weather and traffic to consider. However the small role the AC has makes a big difference.

For your AC condenser needs, you can go to Toyota Parts Online.
This auto parts store offers many Toyota parts, including Toyota Headlights and Toyota Wheels.

Purchasing new and high quality auto parts for your Toyota car can be better than buying Toyota parts used. Old and used parts are usually harder and more expensive to maintain and they can drain your pockets in the long run.

Toyota Parts Online is a top Toyota Parts Discount dealer that caters to almost all your Toyota auto parts needs. The Toyota Parts used is priced to fit your budget.

So take a look and visit the site, you will probably find what you are looking for.

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Geo Prizm: The Sum of GM and Toyota’s Efforts

Posted by admin on Sunday Jul 11, 2010 Under Toyota News

The Geo Prizm is a vehicle that has been manufactured from 1990 up until the year 1997 by a joint project and venture by the General Motors Corporation and the Toyota Motor Company. It had actually replaced the Geo Spectrum, as well as the Chevrolet Nova among the company’s line up of vehicle models. The Geo Prizm is a compact car and comes in two body styles which comprise of the sedan with four doors and the hatchback that sports five doors. It has been related to the Toyota Corolla and the Toyota Sprinter, and also considered the Ford Escort, the Dodge Colt, the Honda Civic, and the Nissan Sentra as its competition. When the production of this vehicle had been permanently halted, the Chevrolet Prizm then succeeded this vehicle.

In the United States, the Geo Prizm was considered to be a small car in the automobile market. During the time that it still existed, the Geo Prizm was powered by the very same engines that the Toyota Corollas during that time also held. From 1989 up until 1992, the Geo Prizm had been powered by the 4A FE or the optional 4A GE engine. Come 1993 up until 1997, the machine was powered by the 4A FE engine or the optional 7A FE engine. As per its last years, 1998 up until the year 2002, the Geo Prizm got its power from the 1ZZ FE engine.

This vehicle was manufactured to sport a rear spoiler as well as body colored grilles and bumpers. There also were four wheel disc brakes. Changes were also done with the Geo Prizm. In 1991, the vehicle was reintroduced wearing a new stainless steel exhaust system as well as black body side moldings. People who were able to deal with the Geo Prizm said that despite having quite a cramped passenger room and a very limited cargo room, the vehicle still recovered through a great acceleration, a superior refinement, a comfortable ride, exquisite visibility and a very good fuel economy. Other features that the Geo Prizm held included gray steel wheels, alloy wheels, full wheel covers, a rounded body, snake eye headlights, flush door handles, 60/40 split rear seats, a CD player, dual airbags, daytime running lights, antilock brakes, a sunroof, as well as a tilt steering wheel.

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Digging Deeper Into the ‘Runaway Toyota’ Scandal

Posted by admin on Sunday Jul 4, 2010 Under Toyota News

I turn on the news, and if I didn’t know any better, I would think Hollywood has launched a brilliant viral marketing campaign for its newest recycled horror film: The villain, a seemingly typical hybrid that refuses to listen to its driver or its own brake pads, a metaphor for our blind faith in the hybrid automotive industry; the victims, more than 8.5 million Toyota owners of such demonized machines worldwide, four of whom tragically meet their demise. Hey, it worked with a cell phone, right?

But reports from several independent agencies, as well as Toyota’s own investigation, seem to tell a strikingly different tale, one with all the embellishment, absurdity, and public interest of a prime-time reality show. More often than not, these reports find in such allegedly runaway Priuses – by far the most numerous of all runaways reported – that accidents were caused by human error, not faulty brakes.

The National Highway Traffic Safety Administration (NHTSA), which reports on vehicle safety issues, recalls and defects, found in one such accident in New York City on March 9, 2010, that “information retrieved from the vehicle’s onboard computer systems indicated there was no application of the brakes and the throttle was fully open” when the vehicle crashed into a stone wall, alleging that the driver was, in fact, at fault.

And the southern Californian who claimed his Prius reached speeds exceeding 90 miles per hour on a crowded freeway the day before? Toyota’s report – confirmed by a congressional committee – finds that his brake pedal and accelerator were repeatedly depressed upwards of 250 times, which can cause the safety feature designed to stop unintended acceleration to fail, among other inconsistencies with his story.

So what, if anything, would cause drivers to create their own chapters in The Case of the Runaway Prius? Well, for one, we are social creatures and crave attention in any form. It is also natural for humans to want to blame an accident of any kind on something – or someone – else. Once an alibi is created, or a loophole produced, especially one with such media attention as the Runaway Prius, it is also natural for such alibis to be repeated. Compound these with the potential for monetary gain through class-action lawsuit, and any such event can be blown out of proportion. As with every story, it is critical to read the facts from reputable sources, lest we begin to believe the works of fiction.

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