Beginning 01-01-2006 drivers who purchase select new diesel-powered light trucks will be eligible for up to $3,400 in tax credits.More info in Nov. Trailer Life mag. and at www. dieselforum.org:cool2:

anyone know the nuts n bolts? dieselforum was very brief, and i can't seem to find my trailer life mag.....

Diesel Vehicles to get same tax credits as Hybrids.

American drivers who purchase newer, cleaner-burning diesel cars, trucks and SUVs will soon be eligible for the same kind of tax incentives as purchasers of gasoline-hybrid electric vehicles under a new national energy plan expected to be signed into law soon by President George W. Bush. Along with hybrids, clean diesel vehicles offer a fuel sipping alternative that is 20 to 40 percent more efficient than gasoline alternatives, according to the Diesel Technology Forum (DTF).

"Congress and the president recognize the important role clean diesel technology will play in meeting America’s future energy and environmental goals," said Allen Schaeffer, executive director of DTF. The U.S. Department of Energy reports that if diesel vehicles reached a 30 percent market share by 2020, it would reduce U.S. consumption of oil by 350,000 barrels a day.

Beginning January 1, 2006, the new law allows consumers who purchase some new diesel-powered cars, light trucks and SUVs to be eligible for up to $3,400 in tax credits based on the weight, fuel efficiency rating and emissions level of the vehicle, as determined by the U.S. Environmental Protection Agency. The credit is available through December 31, 2010.

"These incentives are an important step in expanding the market for energy efficient vehicles," said Schaeffer. When Congress first enacted tax incentives for hybrid vehicles in 2001 there were just two hybrid models on the market. Thanks in part to those incentives, there will be nearly 10 hybrid models for sale in the U.S. by the end of the year. "Now that diesel vehicles will be eligible for the same advanced-vehicle credits as hybrids, we -- along with a growing chorus of industry analysts -- expect similar growth in the clean diesel market," added Schaeffer.

Last month J.D. Power and Associates reported that diesel and hybrid vehicles are expected to garner 11 percent of U.S. auto sales by 2012 -- with the diesel market increasing from 3 percent market share in 2004 to 7.5 percent by that date. According to R.L. Polk data compiled by DTF, diesels have already seen 56 percent market growth over the past five years with the introduction of four new models in 2004 alone (Jeep Liberty CRD, Mercedes E- 320 CDI, and Volkswagen Touareg and Passat). This is in addition to the continuing popularity of diesel engine options in medium- and heavy-duty pickups.

http://www.aiada.org/article.asp?id=45467&cat=Government

Diesel Vehicles to get same tax credits as Hybrids.

American drivers who purchase newer, cleaner-burning diesel cars, trucks and SUVs will soon be eligible for the same kind of tax incentives as purchasers of gasoline-hybrid electric vehicles under a new national energy plan expected to be signed into law soon by President George W. Bush. Along with hybrids, clean diesel vehicles offer a fuel sipping alternative that is 20 to 40 percent more efficient than gasoline alternatives, according to the Diesel Technology Forum (DTF).

"Congress and the president recognize the important role clean diesel technology will play in meeting America’s future energy and environmental goals," said Allen Schaeffer, executive director of DTF. The U.S. Department of Energy reports that if diesel vehicles reached a 30 percent market share by 2020, it would reduce U.S. consumption of oil by 350,000 barrels a day.

Beginning January 1, 2006, the new law allows consumers who purchase some new diesel-powered cars, light trucks and SUVs to be eligible for up to $3,400 in tax credits based on the weight, fuel efficiency rating and emissions level of the vehicle, as determined by the U.S. Environmental Protection Agency. The credit is available through December 31, 2010.

"These incentives are an important step in expanding the market for energy efficient vehicles," said Schaeffer. When Congress first enacted tax incentives for hybrid vehicles in 2001 there were just two hybrid models on the market. Thanks in part to those incentives, there will be nearly 10 hybrid models for sale in the U.S. by the end of the year. "Now that diesel vehicles will be eligible for the same advanced-vehicle credits as hybrids, we -- along with a growing chorus of industry analysts -- expect similar growth in the clean diesel market," added Schaeffer.

Last month J.D. Power and Associates reported that diesel and hybrid vehicles are expected to garner 11 percent of U.S. auto sales by 2012 -- with the diesel market increasing from 3 percent market share in 2004 to 7.5 percent by that date. According to R.L. Polk data compiled by DTF, diesels have already seen 56 percent market growth over the past five years with the introduction of four new models in 2004 alone (Jeep Liberty CRD, Mercedes E- 320 CDI, and Volkswagen Touareg and Passat). This is in addition to the continuing popularity of diesel engine options in medium- and heavy-duty pickups.

http://www.aiada.org/article.asp?id=45467&cat=Government

Not clear if my LBZ that I take delivery of in the next few weeks would qualify.

The new law would begin 1/1/06 and any purchases prior to that
would NOT qualify. That's the way I read it.

So is the Duramax considered a Clean Diesel or are all diesel's going to be eligable? I take delivery on 8 Feb 06.

Hi SilveradoHD,

This would be great as I'm going to be ordering my truck in April of 2006.

Also, how do you like your truck so far.

Thanks for the info,

Pete..:)

It just keeps gettin better n better!:)

Right PFlorenzano?:ro)

Rick

No diesel trucks will meet the requirements in the 06 model year. Maybe 07s will, maybe.. The fuel does not burn clean enough yet.
Ted

but... what if the truck is built to be clean in '06 even if the fuel is not clean burnin yet ??? that's possible isn't it?

Soooo,,, what does qualify?

some FAQ: http://www.dieselforum.org/fileadmin/templates/Resources/LDTax.pdf

looks like 2007 or later.

ASSume city mileage is 18 mpg when our trucks are built like this.

that would mean 3,170 gallons saved over 120k miles, so the credit would be full for conservation credit ($1000), and would be 149% the mileage over the 12.1 baseline, giving it $400 fuel economy credit.

total credit would be $1,400 with a chance at $1,800 if the mileage gets to 18.2 mpg or higher.

not bad, but a ways away.

Soooo,,, what does qualify?

From the Diesel Technology Forum:

There are two categories of vehicles eligible—consumer vehicles up to 6,000 lbs GVWR –(gross vehicle weight rating) these include passenger cars, SUVs and light trucks. Credits are also available to vehicles from 6,000 lbs to 8,500 lbs GVWR. These are heavier medium duty pick up trucks.

Looks like 3/4 to and 1 ton's are out and since the Duramax isn't currently available in a 1/2 ton then it'd be excluded to. :rolleyes:

by 'heavier medium duty pick up trucks'... they mean to target the commercial delivery trucks?

sounds like they are trying to avoid a similar mistake they made before when they gave an accelerated tax schedule break to hummer buyers.