Funds for Maryland Plug-In electric vehicles for fiscal year 2016 are depleted

[mako7c4]

Does anyone know if "Has a total purchase price not exceeding $60,000" includes sales tax and other fees or just the base cost with options?

Titling - Excise Tax Credit for Plug-in Electric Vehicles

 

[bro1999]

Does anyone know if "Has a total purchase price not exceeding $60,000" includes sales tax and other fees or just the base cost with options?

Titling - Excise Tax Credit for Plug-in Electric Vehicles

I'm 99.6% it is before any taxes/fees. I think it goes by MSRP of the car, rather than the price you actually pay.
So no, if you negotiate a 64k car down to 59k, you still can't get the credit.

 

[Lanny]

Not sure if they use this for "total purchase price" for determining eligibility for the plug-in electric vehicle excise tax credit but this is what the Code of Maryland Regulations (COMAR) 11.15.33.04 says about the "taxable price of a vehicle."

B. The taxable price of the vehicle shall include:
(1) The retail purchase price;
(2) The shipping or freight charges;
(3) After manufacture items included with th
e vehicle at time of purchase; and
(4) Manufacturer rebates.
D. A dealer may not include the cost for
any nontaxable items when determining the
taxable price of the vehicle. Nontaxable items include:
(1) Dealer trade-in allowance;
(2) Dealer discounts or rebates;
(3) Extended warranties;
(4) Mechanical repair contracts;
(5) Federal excise tax;
(6) Electronic registration fee; and
(7) Equipment installed to accommodate a disabled person.

http://www.mdauto.org/admin/publications/COMAR-TradeInAllowance.pdf

 

[Lanny]

Annotated Code of Maryland, Transportation Article §13-809 has a definition of "total purchase price" of a vehicle that may be applicable.

 

[Sonny Daze]

Annotated Code of Maryland, Transportation Article §13-809 has a definition of "total purchase price" of a vehicle that may be applicable.

View attachment 239201

So does this mean that if someone trades in a $30K vehicle for a $80K Model S it would be considered a $50K purchase and therefore be eligible?

 

[Sir Guacamolaf]

So does this mean that if someone trades in a $30K vehicle for a $80K Model S it would be considered a $50K purchase and therefore be eligible?

Sounds like it .. this makes trading in your Tesla to Tesla somewhat more attractive.

 

[Sonny Daze]

Sounds like it .. this makes trading in your Tesla to Tesla somewhat more attractive.

I found the form and it looks like it's up to what Tesla is willing to report.

 

[bro1999]

Looks like it is final negotiated price. If only Tesla discounted.

 

[Lanny]

Who here missed out on the Maryland EV excise tax refund when the funding ran out for fiscal year 2017?

A bill has been introduced in the Maryland General Assembly to fix that.

Maryland Lawmakers Seek Retroactive EV Tax Credits for 2017 Funding Gap | PlugInSites