Monday, June 12, 2006

Net worth update; Hybrid tax credits

We had a pretty good month in May, increasing our net worth by about $1500. My car had another month of negative depreciation, my guess is because of gas prices and the fuel efficiency of my Vibe (number 10, baby!, and most efficient in its class (small wagon)).

Speaking of fuel efficiency, you know what perturbs me? If I were to purchase my vehicle all over again in 2006, I would receive no benefit from the government in the form of a tax credit. But for some reason, even though it is LESS efficient than the Vibe, they are rewarding those who purchase the Lexus hybrid with a $2200 credit. That's crap. :Þ