How much will the tax credit amount affect you accepting delivery?

[arbitrage000]

The Jan 13th price reduction was a big one, but I know the $7500 tax credit is also a big motivator for new orders.
I was curious as to how many people would still take delivery if the credit dropped to $3750 or if for some reason dropped to $0.

 

[afinchmustang]

I won't take delivery if it is anything less than $7,500. With the price reduction and $7,500 it broke through breakeven on a 6-7 year hold period compared to other cars I was looking at. I always wanted a Tesla, so getting one at the right price would be great, but I also am not a huge fan of the USS being removed among other things. I'm March 12-31 still, so right on the cusp if anything changes.

 

[Teedub21]

For me it really comes down to how hard they hit me on the trade. May be sad but comical to see what the real offer is on my 2023 TRD PRO 4Runner. Possibly the best resale vehicle on the planet. Original estimate was $54k but I know that won’t happen.

 

[Kmaya]

agreed, though ive been estimating on the low end for my trade anyway ($10k max?) and ive including a swing of 3k in either direction as a buffer. My guess is that with demand where it is they wont include a discount unless they get absolutely massive cancellations

 

[Teedub21]

My bad, 2022 Toyota TRD PRO 4Runner.

 

[arbitrage000]

Thanks to all who replied and voted. Anyone else want to contribute?...sample size is still fairly small.

 

[Kensta]

The price reduction was enough for me but the $7500 would just be the cherry on top. I had an old 2007 beater (stick shift). I had been WFH for the past 5 years so didn't really need a new car. I recently got a new job and will be in a hybrid role. The drive will be to West LA so I would be sitting 1hr in traffic. So it was time to get a new ride. I originally ordered the MYLR5 but EDD was end of March. Was thinking I wouldn't get the full $7500 tax credit anyways, I replaced it with a MYP I found in inventory. This was a couple days prior to the IRS changing it to $80k eligibility. My delivery date is scheduled for 2/16. Guess it all worked out for me in the end.

 

[Niroc]

I just received my vin and I am still up in the air on whether I should get the Model Y LR. I locked in at the $52,990 and will receive the full $7500 tax credit.

Car are a depreciating asset. The question is how much depreciation will the Model Y have in 5 years after the tax credit and getting in on the low end cost of the Model Y.

 

[SpicyPaneer]

I just the vin today too date has moved up to feb 25-March 5th.