BMW of North America has announced the new 2010 BMW Advanced Diesel models will qualify for the Internal Revenue Service Alternative Motor Vehicle Tax Credit. The tax credit is offered by the IRS to promote the purchase of Advanced Lean Burn Technology vehicles that help to reduce emissions. The engines used in the X5 xDrive35d and 335d are class leading examples of Advanced Lean Burn Technology that allows drivers to reduce their carbon footprint while preserving the joy of driving.
The tax credit for purchasers of the 2010 X5 xDrive35d is $1,800.
The tax credit for purchasers of the 2010 335d is $900.
A tax credit is subtracted directly from the total amount of federal tax owed, thus reducing or even eliminating the taxpayer's tax obligation. The qualification for this credit depends on a number of factors related to the tax payer's individual tax liabilities. Customers looking to purchase an X5 xDrive35d or 335d should be aware of the following key points regarding the credit:
Customers interested in purchasing a BMW Advanced Diesel should be aware of the qualification for the Alternative Motor Vehicle Tax Credit. Further information regarding the details of the credit should be obtained from the IRS.GOV website, or by consulting your tax advisor.
Murray BMW of Denver has Colorado's largest selection of Premium Luxury Diesel vehicles. Contact one of our diesel experts today!
900 South Colorado BlvdDenver, CO 80246