Volkswagen Jetta TDI clean diesel gets federal tax credit
Volkswagen of America today announced that buyers of the Jetta TDI sedan and SportWagen are eligible for a $1,300 federal income tax credit.
According to information found on popular Volkswagen enthusiast site, VW Vortex, Volkswagen of America has announced that owners of the Jetta TDI sedan and SportWagen will be eligible for a $1,300 federal income tax credit. This announcement is affirmed by the Internal Revenue Service, which has issued a certification letter that defines the credit more specifically as the Advanced Lean Burn Technology Motor Vehicle income tax credit.
Factoring in this new tax credit, the clean diesel Jetta is only about $700 more expensive than the gasoline version. While this is good news for VW, it's not like they need any help selling the Jetta TDI. With reports of hybrid-esque fuel economy, the TDI model has been predicted todespite the fact that diesel fuel is hovering at around $5 per gallon.
The 2009 VW Jetta TDI goes on sale in late August 2008.