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Locking in a price in anticipation of the Federal Tax Credit

OCR1

Active Member
Jan 28, 2018
3,756
4,102
Southern California
I stopped by the local Tesla store today to check out the changes they made to the 2021 model year. Had an interesting conversation with the sales guy. I never know what to believe from these guys as almost everything the reps have told me so far has generally been wrong.

One example today was my discussing the CA rebate with him. I told him that I was not eligible because I already received the incentive on my current Model 3. He tells me there is no limit to the number of rebates you can apply for. So I pull up the CA EV website and show him where it says limit one per person. So he responds “yeah well you can always have your spouse apply for it”. Well OK, but how about the first statement you made that was completely wrong? And what if you don’t have a spouse, of they already applied for the rebate as well?

Anyways, he brought up an interesting thought. He said I could place a deposit on a 2021 Model 3 but keep the order in suspense for up to a year. Then if the federal tax credit extension passes and Teslas become eligible for the rebate, I can take delivery. I asked him if Tesla was locking in the price at the time the order was placed. He said he wasn’t sure.

Has anyone else talked to Tesla about doing this? At the moment I can order a white LR/AWD/18” aero car for $44,490 after deducting the $1,500 CA Clean Reward. If Tesla was willing to sell me the car at this price and it was eligible for a $7,000 tax credit, that would be a great deal.
 

Krash

Data Technician
Apr 18, 2017
1,857
2,044
Intermountain US
Rebate roulette is interesting. Reminds me of the folks that expected the pre 2021 refresh S/X pricing to be honored. Some were thrilled with $1500 off the new pricing. Others were angry that they didn’t get a $10,000 windfall.

As for the 3 and federal rebates, I doubt Tesla will raise prices $7500 for the equivalent car but they might reconfigure options to make prices slightly higher. If your sales advisor is willing I think you can push out delivery a couple times, so you might save some money. Your odds are probably better with a currently mid configured car. Pretty sure the SR+ won’t be available that long, but maybe if it only gets pushed off menu? You never know.
 
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SDM44

Member
Aug 9, 2019
265
195
Los Angeles
He tells me there is no limit to the number of rebates you can apply for. So I pull up the CA EV website and show him where it says limit one per person. So he responds “yeah well you can always have your spouse apply for it”. Well OK, but how about the first statement you made that was completely wrong? And what if you don’t have a spouse, of they already applied for the rebate as well?
You can also get a 2k rebate check from the California Clean Vehicle Rebate project. This is in addition to the 1500 CA clean reward that Tesla automatically deducts from the price of the car.
Clean Vehicle Rebate Project

I can confirm that the CVRP $2k rebate is only good for 2 uses in CA.

I had 2 other EV's that I leased in the past and applied for the CVRP rebate back in 2015 and 2018, and when I tried to apply for the rebate last year in 2020 for my Model 3, I was denied due to already applying the max amount of times.

Good thing I had my wife on the car registration this time around, so we re-applied with her name and were immediately approved and received our check shortly after. Only bad thing is we're now down to our last CVRP rebate (which will get used on my Model Y delivery coming this month).
 

OCR1

Active Member
Jan 28, 2018
3,756
4,102
Southern California
I can confirm that the CVRP $2k rebate is only good for 2 uses in CA.

Do you mean two per individual or two per couple (one each)? Maybe I’m not interpreting it correctly, but here is the wording from the CVRP website:

Rebate Limit
Individual and business applicants are not eligible to receive more than one CVRP rebate either via direct purchase and/or lease as of December 3, 2019. Applicants who have not already met their rebate limit prior to December 3, 2019, will be eligible for one additional rebate. Those that have already met their two-rebate limit will remain ineligible for an additional rebate. Individuals or businesses that have met the rebate limit with non-fuel cell vehicles may apply for one additional rebate for an eligible fuel cell vehicle. This fuel cell vehicle exception does not apply to Rebate Now applications.

Traditional rental and car share fleets are subject to limits of 20 rebates per calendar year. Public fleets are limited to 30 rebates per calendar year.

Eligibility Guidelines
 

kevinng

Member
Mar 2, 2021
27
8
California
Do you mean two per individual or two per couple (one each)? Maybe I’m not interpreting it correctly, but here is the wording from the CVRP website:

Rebate Limit
Individual and business applicants are not eligible to receive more than one CVRP rebate either via direct purchase and/or lease as of December 3, 2019. Applicants who have not already met their rebate limit prior to December 3, 2019, will be eligible for one additional rebate. Those that have already met their two-rebate limit will remain ineligible for an additional rebate. Individuals or businesses that have met the rebate limit with non-fuel cell vehicles may apply for one additional rebate for an eligible fuel cell vehicle. This fuel cell vehicle exception does not apply to Rebate Now applications.

Traditional rental and car share fleets are subject to limits of 20 rebates per calendar year. Public fleets are limited to 30 rebates per calendar year.

Eligibility Guidelines
That means after 12/3/19 only 1 rebate per person/car. I had one rebate back on 10/19, and I’m waiting for my model 3.
 

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