BMW ActiveHybrid 7 Qualifies For $900 Tax Credit - 7Post

Mark · 06-03-2010, 05:39 PM

The Internal Revenue Service today certified that the BMW ActiveHybrid 7 qualifies for up to a $900 tax credit under the Alternative Motor Vehicle provision. This serves as yet another endorsement for the BMW EfficientDynamics strategy.

The ActiveHybrid 7 combines an electric motor with BMW’s much-praised 4.4-liter twin-turbo V8 and new 8-speed automatic transmission to accelerate from 0 – 60 mph in just 4.7 seconds while delivering impressive EPA fuel economy estimates of 17 mpg city and 26 mpg highway, a near 18 percent improvement over the non-hybrid 750i/Li. The ActiveHybrid 7 features Engine Start/Stop to avoid wasteful engine idling in stop-and-go driving and at traffic lights. The powerful lithium-ion battery enables systems like the radio, Bluetooth phone connection and air-conditioning to continue running when the engine is off. Its compact size minimizes the impact on luggage capacity.

The standard and long-wheelbase versions of the ActiveHybrid 7 become the fourth and fifth BMW models to qualify for the Alternative Motor Vehicle Tax Credit, joining the ActiveHybrid X6 and BMW’s Advanced Diesel 335d Sedan and X5 xDrive35d.

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DougLikesBMW · 06-03-2010, 06:17 PM

Seems pointless to me.

Hybrid to save gas and thus more CO2 from being put out into the environment, but then has lithium ion batteries which are terrible for the environment.

Stupid.... Just make a diesel.

Cuz5150 · 06-03-2010, 07:55 PM

LOL

Buy a $90K car and save $900..............

ROTFLMAO and must drive the car for 10yrs+/100000miles to get a return $ on the "hybrid" option

Oulixes · 06-03-2010, 08:38 PM

It has been observed that the simplest solution to a problem is invariably the correct one. To give a tax credit to a hybrid car for violating this commonsense principle makes William of Occam laugh.

grasso06 · 06-03-2010, 08:39 PM

Isn't there still a gas guzzler tax though!?!

bavarian19 · 06-03-2010, 08:58 PM

Quote:

Originally Posted by grasso06

Isn't there still a gas guzzler tax though!?!

I think so.

npd2983 · 06-03-2010, 10:17 PM

Good for BMW for offering the hybrid 7 series that is oh about 30 thousand dollars cheaper than the 12 cylinder 760Li and has a 0-60 MPH within .1 seconds (4.7 vs. 4.6)!

Oh it gets much better mileage too, which isn't bad considering the Gulf of Mexico is completely polluted with oil these days. I do enjoy my petroleum based beemers but I am really looking forward to an affordable hybrid BMW or even better an electric one.

Cheers!

Vintage · 06-04-2010, 08:03 AM

wow, $900 tax credit on a $100k+ car! what a deal

TheBry · 06-04-2010, 03:10 PM

Those of you laughing at the tax credit are justified. It's laughable that anyone who can afford the $100K car would even need such a credit.

However, the MPG increase is substantial and, in my opinion, worth the extra dosh. My V8 gets 14 city 20 highway. I drive 45 miles (each way) to work every day. I don't care about the cost to fill up my beast -- indeed the price is high, but the car truly feeds my soul, so I don't care how much I spend to feed her.

What I DO care about is my time. Having to fill my gas tank every two or three days sucks. The ActiveHybrid 7 posts V6 MPG numbers, but has a powerful and silky-smooth no-apologies V8 under the hood which will require less frequent trips to the pump to feed.

Well worth the extra money in my opinion. A no compromises BMW V8 with the efficiency of a V6. Brilliant.

Cocodrilo · 06-04-2010, 04:41 PM

more and more hybrids are getting tax incentives worlwide, not just in the US. In some countries where import duties exceed 100%, they have a reduced tariff like 15%, so this is a real advantage.

Berduderunner · 06-04-2010, 05:09 PM

Quote:

Originally Posted by DougLikesBMW

Seems pointless to me.

Stupid.... Just make a diesel.

Agreed, but people buy them. My neighbor has an LS600h... like $30,000 more and 1 MPG better. Pointless.

06-03-2010, 05:39 PM	#1
Mark Administrator Drives: 1M Join Date: Mar 2005 Location: NY / Philly / Boston Posts: 3,864 iTrader: (1) Garage List 2011 BMW 1 Series M ... [4.04]	BMW ActiveHybrid 7 Qualifies For $900 Tax Credit The Internal Revenue Service today certified that the BMW ActiveHybrid 7 qualifies for up to a $900 tax credit under the Alternative Motor Vehicle provision. This serves as yet another endorsement for the BMW EfficientDynamics strategy. The ActiveHybrid 7 combines an electric motor with BMW’s much-praised 4.4-liter twin-turbo V8 and new 8-speed automatic transmission to accelerate from 0 – 60 mph in just 4.7 seconds while delivering impressive EPA fuel economy estimates of 17 mpg city and 26 mpg highway, a near 18 percent improvement over the non-hybrid 750i/Li. The ActiveHybrid 7 features Engine Start/Stop to avoid wasteful engine idling in stop-and-go driving and at traffic lights. The powerful lithium-ion battery enables systems like the radio, Bluetooth phone connection and air-conditioning to continue running when the engine is off. Its compact size minimizes the impact on luggage capacity. The standard and long-wheelbase versions of the ActiveHybrid 7 become the fourth and fifth BMW models to qualify for the Alternative Motor Vehicle Tax Credit, joining the ActiveHybrid X6 and BMW’s Advanced Diesel 335d Sedan and X5 xDrive35d. __________________ The new beast. BMW M5.
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06-03-2010, 06:17 PM	#2
DougLikesBMW Fapmin Drives: '09 Jetta SE MT Join Date: Mar 2007 Location: Plano, Texas Posts: 2,636 iTrader: (0)	Seems pointless to me. Hybrid to save gas and thus more CO2 from being put out into the environment, but then has lithium ion batteries which are terrible for the environment. Stupid.... Just make a diesel. __________________ Gilt Groupe and Jackthreads invites.

06-03-2010, 07:55 PM	#3
Cuz5150 Major Drives: 06-M3ZHP/04-M3 Vert/02Duc998 Join Date: May 2008 Location: NJ Posts: 1,019 iTrader: (0)	LOL Buy a $90K car and save $900.............. ROTFLMAO and must drive the car for 10yrs+/100000miles to get a return $ on the "hybrid" option __________________ -Diplomacy is saying, "nice doggie while trying to find a rock"- 04-M3 vert-Black/Imolla/6MT/Cold/Xenon/HK/ 06-M3 Cp-Mystic/Black/6MT/Comp/Xenon/HK/ 09-135i- AW/Bk-Lette/6MT/M-pac/Nav/Hi-Fi/Usb-Ipod/SOLD

06-04-2010, 03:10 PM	#9
TheBry Captain Drives: 2012 740Li (F02) Loaded! Join Date: Sep 2007 Location: San Francisco, California Posts: 747 iTrader: (0)	It's about the experience... not economy. Those of you laughing at the tax credit are justified. It's laughable that anyone who can afford the $100K car would even need such a credit. However, the MPG increase is substantial and, in my opinion, worth the extra dosh. My V8 gets 14 city 20 highway. I drive 45 miles (each way) to work every day. I don't care about the cost to fill up my beast -- indeed the price is high, but the car truly feeds my soul, so I don't care how much I spend to feed her. What I DO care about is my time. Having to fill my gas tank every two or three days sucks. The ActiveHybrid 7 posts V6 MPG numbers, but has a powerful and silky-smooth no-apologies V8 under the hood which will require less frequent trips to the pump to feed. Well worth the extra money in my opinion. A no compromises BMW V8 with the efficiency of a V6. Brilliant. __________________ Past: 2004 E46 330ci Convertible Present: 2008 E93 M3 Present: 2012 740Li (F02) M-Sport (European Delivery)

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06-03-2010, 08:38 PM	#4
Oulixes Lieutenant Colonel Drives: 330xi, 335i Join Date: Feb 2009 Location: Terra Borealis Posts: 1,942 iTrader: (0)	It has been observed that the simplest solution to a problem is invariably the correct one. To give a tax credit to a hybrid car for violating this commonsense principle makes William of Occam laugh.

06-03-2010, 08:39 PM	#5
grasso06 Enlisted Member Drives: 2008 528i, 2011 535i (ordered) Join Date: Apr 2010 Location: California Posts: 47 iTrader: (0)	Isn't there still a gas guzzler tax though!?!

06-03-2010, 10:17 PM	#7
npd2983 Private Drives: '10 128i MT; '09 335d Join Date: Aug 2007 Location: Birmingham, Ala. Posts: 94 iTrader: (0)	Good for BMW for offering the hybrid 7 series that is oh about 30 thousand dollars cheaper than the 12 cylinder 760Li and has a 0-60 MPH within .1 seconds (4.7 vs. 4.6)! Oh it gets much better mileage too, which isn't bad considering the Gulf of Mexico is completely polluted with oil these days. I do enjoy my petroleum based beemers but I am really looking forward to an affordable hybrid BMW or even better an electric one. Cheers!

06-04-2010, 08:03 AM	#8
Vintage Colonel Drives: 2010 Z4 35i and 2010 X5 35d Join Date: Aug 2009 Location: Austin, Texas Posts: 2,049 iTrader: (0)	wow, $900 tax credit on a $100k+ car! what a deal

06-04-2010, 04:41 PM	#10
Cocodrilo Private Drives: 2011 BMW activeHybrid7 beast Join Date: Feb 2010 Location: Miami, FL Posts: 50 iTrader: (0)	more and more hybrids are getting tax incentives worlwide, not just in the US. In some countries where import duties exceed 100%, they have a reduced tariff like 15%, so this is a real advantage.