If you're thinking of buying a Toyota Hybrid...you better hurry

From Linda Stern for Newsweek:

Some models like the poplular Prius are losing their tax credits. According to IRS rules, once a manufacturer sells 60,000 hybrids, the credit on ALL of that company's models gets phased out over a 15 month period.

On October 1, credits were chopped in half for all Toyota and Lexus models. Next April they get chopped in half again (to $787 for the Prius) and disappear altogether on Oct 1, 2007.

This applies only to Toyota and Lexus since their hybrids have been outstanding sellers. Other brands such as Honda, etc aren't even close to hitting their 60,000 marks.

Find out more about the tax credits here.

Money's tight...save your dough...say YES I SAVED !!!