The Alternative Motor Vehicle credit (30b) that can be used to get a tax credit for purchasing one of our diesel SUVs has been improved by the stimulus bill. You can now claim the full credit amount regardless of your personal tax situation and income. This change applies to BlueTEC SUVs purchased after January 1st, 2009.
Important notes on the tax credit:
Must be purchased, not leased
The credit is claimed on your Income Tax Returns, not at time of sale
The upcoming ML450 and S400 hybrids will qualify for the same program, amounts to be determined.
Toyota/Lexus are no longer eligible for these credits
2009 ML320 BlueTEC qualifies for $900 credit
2009 GL320 BlueTEC qualifies for $1800 credit
2009 R320 BlueTEC qualifies for $1550 credit