Bank of America is offering employees a $3,000 reimbursement if they purchase a hybrid car.  The vehicle must be identified by the federal government as qualifying for tax credits.  So the employee would get the tax credit as well.  An example:  for a Toyota Prius, which is listed at $22,000, the employee would get a total price break of $6,150 ($3,000 from Bank of America, $3,150 tax credit.) 

There are at least three other companies in California offering the same perk.  Google gives their employees a $5,000 incentive for hybrid purchases, Hyperion Solutions Corp. offers $5,000 and Integrated Archive Systems has a $10,000 rebate plan.

Now looks to be a good time to buy a car what with Ford and GM offering very low or no interest financing plus gas cards.

 

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