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How many are waiting to order or postponing the delivery date due to proposed Tax Credit

With proposed Tax credit, how many are waiting to place the order, postponing the delivery date?

  • Waiting to place the order

    Votes: 45 35.4%
  • Postponing the delivery date

    Votes: 23 18.1%
  • Placed the order assuming credit may be retroactive irrespective of the delivery date

    Votes: 59 46.5%

  • Total voters
    127

rjpjnk

Member
Mar 12, 2021
116
30
NJ
I will probably wait. Hopefully it will be announced that it will be retroactive so then buying can go back to normal rather than so many holding off and then all ordering at once.
 

OCJeff

Member
Feb 18, 2021
87
42
SoCal
I've placed my order, but haven't completed the registration details (as per my sales advisor), waiting to see if the Tax Credit goes through. That could also be an option. (Placed order, but waiting for tax credit to complete it).

I don't need the MY until September 2021, so I can hold out until mid August I think before I have to complete the order (assuming there will be an end of Q3 push like there is right now for Q1).
 
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RedlineSi

Member
Feb 24, 2021
32
30
Minneapolis
My X5 is paid off next month. I had planned on getting a Model Y anytime now, but I am waiting to hear what happens with the tax credit. I can afford it either way, but its sort of dumb to turn down a $7500 credit.
 
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Adirondack_D

Member
Mar 13, 2021
12
5
Upstate NY
You could always buy the car and if the credit gets passed, turn around and trade it in on another one. You do lose a bit of money, but I doubt the car will lose over $7000 of value in 6 months to a year.
 
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dragonvn

Member
May 19, 2019
76
31
Westminster, CA
First of all, we're not even sure if the law passes. It's been proposed every single Congress but got nowhere.
Second, even if it passes, Tesla will probably know before us and increase the price to keep some of the money for itself, like it already increased the price of MY by $1k.
I'd say if you need a car, buy it now. If you don't need it now, buy it later. Do not let the bill be factor in your decision.
 

OCJeff

Member
Feb 18, 2021
87
42
SoCal
You could always buy the car and if the credit gets passed, turn around and trade it in on another one. You do lose a bit of money, but I doubt the car will lose over $7000 of value in 6 months to a year.
Taxes on the new car alone would be ~ $4000 which really digs into the profit of this approach. In California, trade-in value doesn't decrease your tax liability. :(
 
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ArizonaJon

Member
May 29, 2020
81
30
Tucson, AZ
This is a link to the current bill that contains the tax credit proposal. It is part of the Green Initiative. Has not moved since introduced. Looks like immigration or infrastructure will be the next big thing to occupy congress. I have heard nothing about pushing the Green Initiative.
 

aparan

Member
Mar 14, 2020
13
-2
arizona
If the following 4 aspects are applicable and true then I think it is better to Order now and postpone the delivery dates.
- Really don't need a Model Y now and Ok to wait
- Interested in the tax credit $ amount
- If you place the order now and if price of the car goes UP later, then Tesla will honor the ordered price at the time of delivery (price can change for the options selected)
- If you place the order now and if price of the car goes DOWN later, then Tesla will honor the lowered price at the time of delivery (price can change for the options selected)

What are your thoughts?
 

rjpjnk

Member
Mar 12, 2021
116
30
NJ
My thoughts:
(1) The price of EVs, including Tesla, will be coming down down due to competition.
(2) Federal and State programs are all ramping up and getting serious about incentivizing EVs due to Democrat leadership
(3) Teslas are getting better with each new update. Everybody wants the new features, nobody want the old version.

If money matters, these points all suggest waiting is better. The only disadvantage is you don't get to drive a new Tesla for months and months and it's hard to wait! ;)
 

1plavs

SE WI- Ordered 3/29-LR, MSM, Induction, black int
Mar 29, 2021
159
21
SE WI

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