{"id":3623,"date":"2012-03-08T15:17:53","date_gmt":"2012-03-08T15:17:53","guid":{"rendered":"http:\/\/blog.njstateauto.com\/general-auto-news\/buy-an-alternative-car-get-a-tax-break\/"},"modified":"2012-03-08T15:17:53","modified_gmt":"2012-03-08T15:17:53","slug":"buy-an-alternative-car-get-a-tax-break","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/buy-an-alternative-car-get-a-tax-break\/","title":{"rendered":"Buy an Alternative Car, Get a Tax Break"},"content":{"rendered":"<p>President Barack Obama has made no secret of his desire for car manufacturers to provide alternative fuel options, and on Wednesday he took things one step farther. In a speech in Mount Holly, North Carolina, Obama pitched a tax credit for drivers who purchase vehicles that run on alternative fuel, Bloomberg reports.<\/p>\n<p>The proposal is not surprising given Obama&#039;s focus on alternative energy, but he has made a point in recent weeks to discuss the topic given the rising gas prices. The average price of a gallon of gas is currently at around $3.76, and Obama has steadfastly maintained that more drilling is not the answer to getting the number lower. Along with offering tax breaks to families that buy alternatively-powered cars, Obama will also make things easier for cities to do the same.<\/p>\n<p>&quot;To cities and towns all across the country, what we&#8217;re going to say is, if you make a commitment to buy more advanced vehicles for your community &#8211; whether they run on electricity or biofuels or natural gas &#8211; we&#8217;ll help you cut through the red tape and build fueling stations nearby,&quot; he told the audience.<\/p>\n<p>Auto manufacturers seem to have received the message. There have been a growing number of cars running on fuel sources other than gasoline. Most notably, electric cars like the Nissan Leaf and Chevy Volt grabbed headlines in 2011, but upcoming releases such as the <a href=\"http:\/\/www.njstateauto.com\/preowned\/index.cfm?make=Ford\" class=\"dnautolink\">Ford<\/a> Focus Electric should raise the bar.<\/p>\n<p>Though it might be some time until all vehicles on the road are running on electricity or natural gas, there are still ways to save money on fuel. Buying a car with excellent gas mileage is one easy way, and <a href=\"http:\/\/www.njstateauto.com\" class=\"dnautolink\">New Jersey State Auto<\/a> Auction offers a wide variety of makes and models that will get you plenty of miles to the gallon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Barack Obama has made no secret of his desire for car manufacturers to provide alternative fuel options, and on Wednesday he took things one step farther. In a speech in Mount Holly, North Carolina, Obama pitched a tax credit for drivers who purchase vehicles that run on alternative fuel, Bloomberg reports. The proposal is [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Buy an Alternative Car, Get a Tax Break<\/title>\n<link rel=\"canonical\" href=\"https:\/\/www.njstateauto.com\/blog\/buy-an-alternative-car-get-a-tax-break\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buy an Alternative Car, Get a Tax Break\" \/>\n<meta property=\"og:description\" content=\"President Barack Obama has made no secret of his desire for car manufacturers to provide alternative fuel options, and on Wednesday he took things one step farther. In a speech in Mount Holly, North Carolina, Obama pitched a tax credit for drivers who purchase vehicles that run on alternative fuel, Bloomberg reports. 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