Paramus, NJ? Why? Why can't you just pick up from one of many Massachusetts delivery locations? There are three: Peabody, Dedham and Norwell.Where is your delivery location?
For NH folks its Paramus NJ
My assigned location is Dedham, MA.
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Paramus, NJ? Why? Why can't you just pick up from one of many Massachusetts delivery locations? There are three: Peabody, Dedham and Norwell.Where is your delivery location?
For NH folks its Paramus NJ
. Before the price drop, I had placed a deposit to buy a Mach-E rear-wheel-drive standard range (247 miles). I considered the MYLR out of reach, a different class of vehicle. Now I'm getting a Tesla with AWD and longer range for the same price as my purchase agreement with Ford.I am still psyched that I could buy a MYLR for 13k less than I could before plus at lest $3,750 tax credit and probably another $3,750 before it is all said and done.
best deal for you... Before the price drop, I had placed a deposit to buy a Mach-E rear-wheel-drive standard range (247 miles). I considered the MYLR out of reach, a different class of vehicle. Now I'm getting a Tesla with AWD and longer range for the same price as my purchase agreement with Ford.
You might be right about that but boy the number of horror stories we read here about cars delivered from Fremont made me question that for a minute. Anyway, it is what it is. Unless the car has major issues (cracks, major scratches, torn seats, etc.) I probably wont make a big fuss. Either way I will report my delivery experience here. I might have to push it out a week as I am travelling on the date they have given. I should take delivery in the first week of March.You can add another myth to the list that Austin built cars are of better quality than Fremont
The IRS has not set any date for the tax credit change. The only date so far is the estimated release of the Notice of Proposed Rulemaking (NPRM) which is required to be submitted for public comment before final rules are drafted and put into effect. It's possible, but increasingly unlikely, that all of that could happen before March 31st.since they will not get the 7500 credit unless IRS change move their date from March 31.
Could the current $7,500 tax credit be suspended (rather than extended) from March 1 to the date that the final rules are put into effect?The IRS has not set any date for the tax credit change. The only date so far is the estimated release of the Notice of Proposed Rulemaking (NPRM) which is required to be submitted for public comment before final rules are drafted and put into effect. It's possible, but increasingly unlikely, that all of that could happen before March 31st.
I'm also OD 1/14, picking up from Fremont, LR/W/W/19/Tow, EDD 2/14-2/24, still no VIN.OD 1/14 an hour away from Fremont facility. LR/blue/19/tow.
Changed to performance 2/8
EDD 2/14-2/23
Still No VIN
Same here. The price cut was the main incentives here (although I did not order one until the price went up $500 again). EV credit is a very nice bonus comparing to the $13K ($12.5K in my case) price drop.yeah...the price drop was pretty much what got me to purchase the model y.
the tax break will be a bonus.
i needed a new car anyways since i'm currently driving my sister's car.
I think IRS may move the date after Musk's visit earlier but that will be not good for other local companies and for money politicians can sell their souls So I think it may have low chances to move the date.The IRS has not set any date for the tax credit change. The only date so far is the estimated release of the Notice of Proposed Rulemaking (NPRM) which is required to be submitted for public comment before final rules are drafted and put into effect. It's possible, but increasingly unlikely, that all of that could happen before March 31st.
I'm not a tax or law professional so I have no idea if that's possible. Seems exceedingly unlikely though, if a move like that were in the works, there would have to be a political will for it, frustrating thousands of consumers and several S&P 500 companies with a surprise tax change wouldn't be a winning strategy for anybody.Could the current $7,500 tax credit be suspended (rather than extended) from March 1 to the date that the final rules are put into effect?
The IRS has not set any date for the tax credit change. The only date so far is the estimated release of the Notice of Proposed Rulemaking (NPRM) which is required to be submitted for public comment before final rules are drafted and put into effect. It's possible, but increasingly unlikely, that all of that could happen before March 31st.
I have seen two of my friends from here in NH do the same.. pickup from Paramus.Paramus, NJ? Why? Why can't you just pick up from one of many Massachusetts delivery locations? There are three: Peabody, Dedham and Norwell.
My assigned location is Dedham, MA.
Here's the most detailed article I've seen from any news outlet, written by a corporate tax lawyer who actually read the IRS white paper that announced the March window for the release of the notice of proposed rulemaking.Although I thought all news outlets said the proposed rule issuing date will determine the eligibility of the EV credits right away. I don't recall anyone mention the comment period will delay the effective date.
The problem with most of the news articles on this is they're written by someone whose expertise is the automotive column, not a tax or law column. Those people are less likely to understand what an NPRM is and what it means, so they just saw "March" and ran with it, fueling the confusion that we now have.Timing of Guidance
The white paper promised that the proposed guidance would explain the extent to which taxpayers can rely on it until final rules are issued. The length of time that Treasury and the IRS anticipate needing between the proposed and final regulations may dictate that determination.
Considering the heavy roster of clean-energy guidance projects underway and the possibly large number of comment letters on the proposed guidance, the release of final rules could take longer than ideal.
If the proposed guidance is released in late March with a 60-day comment period, it will be nearly June before the IRS and Treasury even have all the comments to work with in preparing the final rules. Even with all possible speed, final regulations are still a fairly long way off.
Par for course. OD 1/13 (morning) LR/W/W/19/Tow. EDD 2/16-3/16. No VIN. I just expect to get bumped ...I'm also OD 1/14, picking up from Fremont, LR/W/W/19/Tow, EDD 2/14-2/24, still no VIN.
Good luck if looking outside Tesla. I knew what I was signing up for. Indeed my rep warned about missing the credits by ordering so late in Feb.I remember story of Musk when he was young. He made some good money buy selling the books doe not worth anything.
He is playing same game here. He advertised to get orders to give delivery by Mar 31 2023 and now Tesla is pushing out dates so people cancel the order since they will not get the 7500 credit unless IRS change move their date from March 31 and Tesla makes 250 without doing anything. Tesla jacked up price by 2000$ so some people may still stay in order.
I am thinking to cancel the order and go with something else.
Thank you!Here's the most detailed article I've seen from any news outlet, written by a corporate tax lawyer who actually read the IRS white paper that announced the March window for the release of the notice of proposed rulemaking.
Quoted here is her bottom line:A Closer Look At Forthcoming Tax Guidance On Electric Vehicle Credits
Marie Sapirie analyzes the December 2022 white paper released by Treasury and the IRS, which offers a preview of proposed section 30D guidance regarding qualification for electric vehicle credits.www.forbes.com
The problem with most of the new articles on this is they're written by someone whose expertise is the automotive column, not a tax or law column. Those people are less likely to understand what an NPRM is and what it means, so they just saw "March" and ran with it, fueling the confusion that we now have.