Looking for Incentive?

In 2003, the government subsidized the SUV market by giving up to $100,000 in deductions for the purchase—making such a vehicle practically free if you could afford the cost upfront. It was technically part of a bill designed to help farmers purchase vehicles, but any vehicle around 6,000 Lb was eligible, not just those intended for use on farms. This loophole was exploited by car salesmen, consumers, and oil companies alike. The environment was not consulted. Over 100 million dollars were allocated that year for such an expense. Although the subsidy was decreased afterward, the loophole remains. Next year, the figure may be as high as $500 million.