Tax credits and tax deductions

"Buying a hybrid vehicle will not save you money in the long run." And that's because hybrids tend to cost (on average) $3000 more than their counterparts. And the truth is you probably won't save that much on fuel costs over the lifetime of your car. But it's not the long run that could matter most. You could be saving money almost immediately through tax deductions (2005) or tax credits (