Toyota Hybrid Owners' State of Oregon and State of Washington Tax Credits, Perks and Benefits
Fuel Cost Savings Calculator  --  Want to know exactly how much you can save buying a Toyota hybrid or economy vehicle? Click here or the image on the left to find your total monthly savings.
 
Residential Tax Credit...  There are two tax credits available for hybrid electric vehicles which can normally be taken together for a combined total of $1,500. One $750 credit is available for the vehicle. A second $750 credit is available for the on-board charging system.  --  Residential Tax Credit Form
Business Tax Credit...  Oregon business owners investing in new hybrid vehicles for business use can complete a one-step application form to apply for a Hybrid Vehicle Business Energy Tax Credit. The credit is 35% of the incremental cost & is taken over 5 years.  --  Business Tax Credit Form
 
Retail Sales Tax & State Use Tax Exemption:  SB 5916 (5/6/05): The sale or use of new vehicles, which utilize hybrid technology & have a U.S. EPA rating of at least 40mpg (hwy) are exempt from the sales & use tax  --  Effective 1/1/2009 to 1/1/2011  --  RCW 82.08.809  &  RCW 82.08.813.
Sales & use taxes vary from 7.0%-8.9% & are levied by the state, counties & cities. An additional 0.3% applies (Reference RCW 82.08.020 (3)) to the sale or lease of motor vehicles.
Sales tax is imposed on retail sales of most tangible personal property & some services. Use tax is imposed in cases where sales tax doesn't apply.
 


 Drive a hybrid & save more than the planet... Get 10% off your hybrid’s insurance premium. Farmers was the first Auto insurer to reward environmentally conscious drivers by reducing their insurance premiums. Our Alternative Fuel Discount applies to drivers of gas/electric hybrid vehicles & to all major coverages,  including Comprehensive, Collision, Bodily Injury/Property Damage, Uninsured/Underinsured Motorist & Medical/Personal Injury Protection.  --  More Info


A new benefit to owning a hybrid car – a 10% discount from Travelers on your hybrid auto insurance. Travelers, the second largest writer of auto and homeowners insurance through independent agents, offers a 10% discount on auto insurance for hybrid owners. Travelers is the first to market with a national car insurance discount specifically for hybrid automobile owners.  --  More Info
 
  Drive Green is a joint effort between City Center Parking and the Oregon Environmental Council. Monthly customers in this program receive a discount of $15 off the normal rate at participating locations. To qualify, you must drive a hybrid vehicle having a city and/or highway fuel efficiency of 35 mpg or more The vehicle's registration must be in your name & you must provide a copy of the registration. Sign-up for monthly parking at one of the participating parking facilities.  --  More Info
 

 Emissions Inspection Exemption: Effective June 13, 2002, hybrid motor vehicles that obtain a rating by the U.S. Environmental Protection Agency of at least fifty miles per gallon of gas during city driving are also exempt from emissions control inspections.
For purposes of this section, a hybrid motor vehicle is one that uses propulsion units powered by both electricity and gas. (Reference RCW 46.16.015 (2) (k))
 
Bank of America - Offers $3,000 toward the purchase of a hybrid vehicle to all employees who work at least 20 hours per week. The program is available to more than 185,000 U.S.-based associates. Associates are eligible for this reimbursement only once, and the reimbursement is subject to all applicable federal, state and local withholdings. All full-time and part-time, U.S.-based associates working at least 20 hours per week are eligible.  --  More Info  --  Add'l Info
 
ABR, Inc., an environmental research firm in Anchorage, Alaska, since 2003, has offered $1,500 to employees who purchase hybrid vehicles that are rated at more than 45 mpg. Approximately 10% of their employees have taken advantage of this offer.
The program's offered to employees working in offices in 1928 Cedar St - Forest Grove, OR 97116 (503.359.7525)  &  4141 B St - Anchorage, AK 99503 (907.344.6777)  &  P. O. Box 80410 - Fairbanks, AK 99708 (907.455.6777).
ABR’s tried to mitigate impacts of green house gas emissions by supporting employee purchase of hybrid vehicles.  --  Add'l / More Info ("Environmental Stewardship" section)
 
The American Jewish Committee is offering its employees at its headquarters in New York & its 32 offices across the U.S. an incentive to purchase or lease fuel-efficient, environmentally-friendly vehicles.  AJC’s "Fuel-Efficient Vehicle Bonus Program" is believed to be the first offer of its kind to employees of any non-profit organization in the U.S.
AJC employees at 1220 SW Morrison St - Portland, OR 97205-2235 - 503.295.6761 - Portland@AJC.org & 1402 - 3rd Ave, #405 - Seattle, WA 98101 - 206.622.6315 - Seattle@AJC.org or Info@AJCSeattle.org who qualify will be entitled to receive bonus payments of $2,500 or $1,500, depending on the vehicle model.
 
Hybrid Vehicle Incentive: In 2007, DLA Piper launched an incentive program to encourage employees to purchase eco-friendly automobiles. DLA Piper offers $2,000. toward the purchase or $1,500. toward the lease of a hybrid vehicle for all U.S. non-partner attorneys, paralegals & staff members.
DLA Piper, an international law firm at 701 - 5th Ave, #7000 - Seattle, WA 98104 - 206.839.4800, has instituted a series of environmentally-minded reforms called "Global Sustainability Initiative". The changes the firm touts include: --Offering a bonus to associates who buy or lease a hybrid.
 
Topic Entertainment—Offers $2,000 toward the purchase of a hybrid vehicle to any employee. Seattle-based Topics Entertainment, a publisher of educational learning software, established their “Eco Car Incentive Program” in 2002. Add'l / More Info ("Of Note" Section).
Company Founder Greg James cuts $1,000 checks to any of his 55 employees who downgrade engine sizes & doubles it if they shift from a gas-guzzling V-8 to a fuel-efficient four-cylinder. If Topics employees go hybrid, the company offers $2,000.
 
PENDING - PENDING - PENDING  Oregon Senate Bill 1021 reduces vehicle registration fee to $15 for fuel-efficient, noncommercial passenger vehicles, including hybrids, with EPA fuel economy ratings of at least 40 mpg (hwy).  74th OR Legislative Assembly -- '07 Regular Session. SB 1021 "Vehicle Registration Fees - Fuel Efficiency".  Introduced 03/13/2007 and referred to Senate Committee on Business, Transportation and Workforce Development.  --  More Info (Pg. 6)    --    Add'l Info
 
PENDING - PENDING - PENDING  Hybrid and Alternative Fuel Vehicle HOV Exemption (bill): Authorizing the use of high-occupancy vehicle lanes by alternative fuel (hybrid) vehicles. HB 2931 (Introduced 01/17/06) would enable single-occupant alternative fuel vehicles, including hybrid electric vehicles, that have an EPA highway rating of at least 40 miles per gallon to use HOV lanes  --  RCW 46.61.165  &  RCW 47.52.025. Did not pass before the end of the legislative session.