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Most are saying the Model Y falls into the SUV category for $69,000 capThe proposed EV sedan cap is $55,000
SwansonRon
Member
I'm torn here. I have an LFP that should be ready this week or next for pickup. I don't need a new car now but I finally pulled the trigger to get the LFP. I have another car already so I'm wondering if it might be best to switch my order to something that won't be available until next year so I can see how this plays out.
There is a extra $4500 for "union built" vehicles which would exclude Tesla, but the base $7500 would still apply to Tesla.
I thought this bill had little chance of passing from the beginning, but now that union politics have entered the equation, I give it near zero chance of clearing the senate.
I think the reconciliation bill will be passed in the next month or so. I also believe that there will be *a* change to the current EV tax credits in the reconciliation bill. Specifically, I think the OEM cap removal and making the credit fully refundable/transferable will make it through. The union part and/or the made in USA part may get reworked. I'm definitely going to wait and see before purchasing a Tesla.
yes, just found this in the bill - believe it's being voted on the 27th.
(e) EFFECTIVE DATES.— 17 (1) The amendments made by subsections (a), 18 (c), and (d) of this section shall apply to vehicles acquired after December 31, 2021.
(e) EFFECTIVE DATES.— 17 (1) The amendments made by subsections (a), 18 (c), and (d) of this section shall apply to vehicles acquired after December 31, 2021.
If that date (after December 31, 2021) sticks and the bill passes, it will be interesting to see what Tesla does/offers as an incentive for the end of the year crowd. Their 4th quarter US numbers could take a hit since that is usually the majority of US deliveries and I'm guessing there will be quite a few that will hold off on delivery for a few weeks to get the tax credit. That could put a big dent in sales numbers for that quarter.
Imagine a mass vehicle delivery event on New Years right after midnight. How much fun would that be?
Hi,
I am planning to order tesla model 3 SR+, As per new EV tax credit bill tesla would be eligible to get at least $7500. I see delivery is showing now march-2022 so I believe even if I order today my VIN will get generated in 2022 and I should able to eligible for this. What is your comment on this.
I am planning to order tesla model 3 SR+, As per new EV tax credit bill tesla would be eligible to get at least $7500. I see delivery is showing now march-2022 so I believe even if I order today my VIN will get generated in 2022 and I should able to eligible for this. What is your comment on this.
My 3 EDD date is 9-24-30, I'm not taking delivery before the bill is voted on. Worth waiting a few months to get a 15% price cut. But with the 3 not having a price bump lately I'm guessing Elon will use this and the worldwide supply shortages as an opportunity to increase the price at least a couple thousand, and probably the same for the FSD now that it's closer to a real thing. We just live in his world.
This is my plan. I ordered last week when it said Feb delivery. Of course my EDD right now says Oct 20-Nov 19. I have no intention of taking delivery until 2022 unless they offer something spectacular to compensate. There will be enough people that need the car RIGHT NOW that Tesla will do fine in Q4.
I am new to tesla but as far as I know once EDD you receive you can not hold your delivery and that time VIN number will get generated so you might fall in to 2021 and away from tax credit. I am unable to understand what exactly I shall do to get delivery in 2022.
scottf200
Well-Known Member
Folks, it is well established that the date used for Fed taxes is based on when you pick up your vehicle (placed in service date) and not related to the VIN 'date'.
Summary of the Credit for Qualified Hybrid Vehicles | Internal Revenue Service
May 12, 2006 — A summary of the alternative motor vehicle credit. Frequently updated.
I can't wait for all the posts about how Tesla is raising the prices on all their cars after they didn't take delivery of the car that they ordered.
I hope they don't. I hit order once the EDD was January. I'd like to take delivery in January. Don't see why they should raise the price. But who knows
They're currently selling more cars than they can make.
If a rebate creates an incentive that lowers pricing across the board, they'll be selling even more cars they can't make.
Why don't you think they'll raise prices?
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