Posts Tagged ‘Capitol VW’

Capitol Volkswagen –The Internal Revenue Service has acknowledged the certifications by manufacturers that certain advanced lean-burn technology vehicles qualify for the alternative motor vehicle tax credit.
 
Before, only hybrid vehicles, fuel cell vehicles and alternative fuel vehicles had been certified, but now certain advanced lean-burn technology vehicles, which generally run on diesel fuel have been certified. These vehicles are passenger cars or light trucks with an internal combustion engine designed to operate primarily using more air than is necessary for complete combustion of the fuel. The vehicles also must incorporate direct fuel injection technology and achieve at least 125 percent of the 2002 model year city fuel economy rating.
 
Available credit amounts may vary and include a base credit amount based on fuel economy compared to the 2002 model year city fuel economy rating and an additional amount based on the vehicle’s lifetime fuel savings. For a taxpayer to claim the credit, the original use of the vehicle must begin with the taxpayer and the vehicle must be acquired for use or lease by the taxpayer and not for resale.
 
The alternative motor vehicle tax credit was enacted by the Energy Policy Act of 2005 under Internal Revenue Code Section 30B and includes the advanced lean-burn technology motor vehicle credit and the qualified hybrid motor vehicle credit.
 
There is a limitation on the number of qualified hybrid and advanced lean-burn technology vehicles eligible for credit. The phase-out period begins when a manufacturer sells 60,000 qualified hybrid and advanced lean-burn technology vehicles.
 
Taxpayers may claim the full amount of the allowable credit up to the end of the first calendar quarter after the quarter in which the manufacturer records its sale of the 60,000th hybrid passenger automobile or light truck or advanced lean-burn technology motor vehicle. For the second and third calendar quarters after the quarter in which the 60,000th vehicle is sold, taxpayers may claim 50 percent of the credit. For the fourth and fifth calendar quarters, taxpayers may claim 25 percent of the credit. No credit is allowed after the fifth quarter.
 
The qualifying vehicles and their credit amounts are:

• 2009 Volkswagen Jetta 2.0L TDI Sedan manual or automatic –$1,300
• 2009 Volkswagen Jetta 2.0L TDI SportWagen manual or automatic –$1,300

More information on advanced lean-burn technology vehicles or other vehicles that qualify for the alternative motor vehicle tax credit can be found at IRS.gov.

I shopped around the bay area for the best deal on a new Volkswagen EOS and found it at San Jose Volkswagen on the Capitol Expressway Auto Mall. They gave me great service and the best deal in town on my new EOS.  I am a very satisfied customer.

Frank T.
Saratoga, CA.

Del Grande Dealer Group in San Jose is a premium dealership group comprised of six quality dealerships: Capitol VW, Capitol Hyundai, Capitol Subaru, Capitol Suzuki, Capitol Mazda, and Oak Tree Mazda. Serving the San Francisco Bay Area for over 30 years Del Grande Dealerships have set the standard for customer satisfaction with project 100.

Project 100 is Del Grande’s 100% commitment to 100% customer satisfaction, 100% of the time with 100% of Del Grande Dealer Group’s customers. Take a moment or two and browse the entire inventory of all the Del Grande Dealerships in one place by visiting www.delgrandedealergroup.com

Del Grande Dealer Group wants every customer to feel they are winners. “We guarantee a win win win scenario for every client. If the customer is not happy, we will go the extra mile to make it right”.

With credit getting tighter and loan companies raising the bar in the midst of the sub-prime lending meltdown San Jose VW  is still leading the industry in sales. The reason is simple. Volkswagen finances its own loans. By comparison other makes and dealers are forced into the general loan market to finance new customers. Volkswagen uses its own criteria for approval of loans so the general market fluctuations are not relevant to VW financing. 

In the current market climate many well employed customers are finding it difficult to secure auto loans. If you are in such a situation just take yourself to San Jose VW and see how Volkswagen Financing can put you in the drivers seat.

San Jose VW is the Norther California Customer Satisfaction Leader for 2008. Having garnered record sales and accolades from customers from far and wide across the tri-county region San Jose VW is the place to test drive and buy your new Volkswagen. Premium German engineering is the best in the world and this years line up of superb quality VW vehicles is the best ever.

Come in to San Jose VW and try out the new line of high quality Volkswagen cars, vans, and SUVs today.

San Jose VW – Capitol VW
911 Capitol Expressway Auto Mall
San Jose, CA 95136
(408) 265-4400
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