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Congress didn't give a *sugar* when they lowered prices when the rebates went away. Why would they care now?There should be some kind of a honeymoon period before they do raise prices. Otherwise there will not only be a lot of bad press and disgruntled customers, but also a lot of disgruntled congress people…
IOW, Christmas time is a great time to suggest a present.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'.
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?
My understanding is that "refundable" changes things considerably. A refundable tax credit means you can get the entire benefit even if you have no tax liability at all. Makes the tax credit useful to basically everyone, especially because it would become point of sale (transferable to the manufacturer/dealer).Does the word "refundable" change things? How will dealerships know if the buyer owed enough federal taxes to receive the full rebate at time of sale (since one of the proposed changes is that the dealership can receive the rebate directly, and the rebate taken off for the purchaser at the time of sale).
Yes, I read that article - they did a very good job of breaking things down.Here's a good summary as of OCT 2021 of where the different proposals on tax credits stand.
I don’t know what to do! I want to order now but I need a January delivery date. Tesla is saying estimated delivery is in December if I order nowIf i read this bill right, it looks like this won't kick in until Jan 1, 2022. Sucks for those of us with a December delivery date...
Yeah sounds like we're in exactly the same boat. I'm also selling a '18 LR M3. I think i'm going to sell mine next week as I think the value can only go down from here. And I found a friend which will let me use his 3rd car for much less than renting one, so that will take the pressure off. I'm still not sure I'll do anything to delay the delivery date, as I don't think Tesla would make that easy, and this bill is still not law.Yes, this creates quite the quandary for us with December delivery dates.
I'm upgrading from a '18 LR Model 3 and resale is so good that it's around $1k out of pocket after CO $2,500 rebate to upgrade. That's amazing but to get and additional $7,500 back as we definitely have the tax liability is very hard to ignore and not try and get.
Problem for us is we need to vehicles much of the time and have an offer now to sell. Sure the offer might stay strong but the used market could change too although used Model 3s appear to be rare here in CO. I could sell now and then rent an ICE car but that adds up quick. Hard to say what would be more expensive; rent a car for needed time (huge hassle) or keep the 3 and then sell when new car comes and hope market is still strong and depreciation continues to be low.