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Locking in a price in anticipation of the Federal Tax Credit
- Thread starter OCR1
- Start date
I'm just applying the same simple principles I use in the stock market, timing the market, as well as, buying low and selling high.
I'm hoping for the unicorn situation where I Buy Model Y LOW > Sell Used Tesla HIGH > Take delivery when tax credit HIGH. I see nothing wrong with this plan and it will definitely work out the way I hope it will.
I'm hoping for the unicorn situation where I Buy Model Y LOW > Sell Used Tesla HIGH > Take delivery when tax credit HIGH. I see nothing wrong with this plan and it will definitely work out the way I hope it will.
t.e.s.l.a_dude
Member
This is not correct. Unless you change your original configuration or Tesla cancels your order (which they do usually only if you hold for more than 6 months or so), the price on your order date is effective. I ordered before the latest price hike, my order is on hold, and I still see the original order price in my order details.
Grassright
Member
Senate expected to pause Build Back Better bill, revised EV tax credits remain in limbo
The Senate is reportedly putting a pin in the President's EV tax credits to focus on other acts it can pass before 2021's end.
electrek.co
They raised the prices on the model 3 RWD in Canada. Disqualifying it from the current tax credit because it’s over the limit. I don’t think they care
whiskeylover
Member
Grassright
Member
lol. Canadians DOES qualify for Canadians tax credits.
BigNick
Infamous Fat Sweaty Guy
I doubt the Model 3 Performance will get a $4K price drop any time soon. $58990 (US) right now.
boriszima
Member
Yeah, this does not look good for those waiting. But aint over until its over.Senate expected to pause Build Back Better bill, revised EV tax credits remain in limbo
The Senate is reportedly putting a pin in the President's EV tax credits to focus on other acts it can pass before 2021's end.
Jeremy3292
Active Member
Won’t see anything until 2022 but I agree it would be retroactive to 1/1/22 IF anything is passed. I’m not so certain Democrats will ram something through in Q1 2022.
t.e.s.l.a_dude
Member
I agree, most likely it will pass on some date in 2022 and will be for EVs purchased on or after 1/1/2022.
Yup, it’s over this year and next year. Don’t count on anything being passed next year neither with the midterms coming up. Manchin will not budge, he’s the current President.
www.cnbc.com
Biden signals Build Back Better bill may be delayed until next year
U.S. President Joe Biden on Thursday appeared to acknowledge that his Build Back Better spending bill may not pass Congress in the remaining weeks of this year.
www.cnbc.com
Jeremy3292
Active Member
Don't count on it getting passed in 2022 either. Election year and the Democrats may pivot to voting rights and other things.
Also I did see that they don't even have bill text ready. The Senate parliamentarian hasn't reviewed anything and they haven't cleared the many procedural items either. So it's a long way off from being passed even if the Democrats all agree on something conceptually.
Also I did see that they don't even have bill text ready. The Senate parliamentarian hasn't reviewed anything and they haven't cleared the many procedural items either. So it's a long way off from being passed even if the Democrats all agree on something conceptually.
t.e.s.l.a_dude
Member
There are some aspects of the bill though that Manchin likes and hence, I believe some sort of it will pass in 2022. Whether the EV tax credits will be still in there, that is of course not certain. Well, everything is very fluid right now, let's see what happens after 1/1/2022.
With the current demand (6 month wait times), I don't see them lowering prices; in fact, I bet they raise them again in 2022
t.e.s.l.a_dude
Member
Well, not for us. North Carolina has and had zero EV tax incentives. Zero. So we rely on federal incentives.
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