Talk of The Villages Florida - View Single Post - New tax credits being promoted by Tomberlin
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Old 08-25-2009, 06:41 PM
RVRoadie RVRoadie is offline
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Default New tax credits being promoted by Tomberlin

Did you see their add in the paper today. It list credits ranging from a low of $4,234 to a high of $5,477 on carts selling for around $10,000.

It is very hard to come by info on how to qualify for this credit. The only thing I can find at the IRS is this reference. In particular, it is the EESA credit that was part of the last stimulus package, not the previous 10% up to $2,500 dollar credit.

There is no mention on how to qualify, or if the credit is refundable like the $8,000 first time homebuyer credit is.

If this can be believed, that is at least a 40% credit on the price of the LSV cart.

I went over to the dealer to check it out, and they were very busy. Looks like several buyers. Of course they won't or can't answer any questions about the tax credit (other than talk to your tax advisor). Since it runs through 2010, there is no rush. No indication that it has a limit on it like 'cash for clunkers'.

Anybody have any better info?

Last edited by RVRoadie; 08-25-2009 at 06:52 PM.