**We are pleased to announce that the amendment to the Economic Stimulus proposed by Senator Barbara A. Mikulski has passed, and President Obama signed it on February 17, 2009.
North Point Toyota would like to offer you an explanation of how the Stimulus Bill affects you.
What taxes are deductible?
~ State Motor Vehicle Sales
~ Local Motor Vehicle Sales
~ Motor Vehicle Excise Taxes
Who would qualify for this tax deduction?
~ Families who make less than $250,000 ($125,000 for individuals)
~ Deduction can be taken advantage of by itemizers and non-itemizers
What new vehicles qualify for the deduction?
~ Any new vehicle under 8,500 pounds gross vehicle weight
~ New vehicles of any model year
~ Any vehicle sold for under $49,500 qualifies for the full deduction
Hurry in to take advantage of this new way to help stimulate the economy!
We look forward to seeing you soon!


