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POLL: If the GOP tax reform kills the $7500 tax credit, will you still buy?

If the GOP tax reform kills the $7500 tax credit, will you still buy?

  • No

    Votes: 119 23.2%
  • Yes

    Votes: 393 76.8%

  • Total voters
    512

daniel

Active Member
May 7, 2009
4,767
3,588
Kihei, HI
Though i mostly agree with your general position, as a current MY17 Leaf owner, I will remind you and other EV enthusiasts the Leaf is one heck of a well engineered car. What it lacks in brand appeal, it more than makes it up with rock solid reliability and amazing efficiency. There is a good reason it sells in numbers that it does and those who picked up the gen 1 Leaf before they switched over to the new gen 2 model know well they got a LOT of a car for frankly not much money even when you take into account the lower 110 mile range.

This is precisely why I say that if Tesla offered a car for the same price as Nissan, that car would be no better than the Leaf. The Leaf is an excellent car. Tesla chose to go for the high-end market, allowing them to spend more money and make a better car. Nissan chose to go for the mass market, making a car more people can afford, but necessarily making compromises in the process.

I drove the very first Leaf demo to arrive at my local Nissan dealership. The only reason I didn't buy one was that Nissan screwed up my order four different times, and six months after the original promised delivery date there was still no car in sight, so I got the Roadster instead. Nissan designed and built an excellent car, and then treated me like dog poop, losing my order, changing my order, transferring my order to someone else, and lying to me all the while. They even lied to my local dealership. I will never buy a car from Nissan after the way they treated me. But I acknowledge that the Leaf was an excellent car. I'm sure I would have been very happy with it if they'd just had enough respect for me to be honest with me and sell me the car they promised me. (My local Nissan dealer was wonderful, but they had no control over any of it.)
 

geometro

Member
Jun 24, 2015
369
524
Austin
With the repeal of the EV tax credit, I think the better question is: how many folks switch from LR to SR battery ($9k).
This potential mix change could be significant for Tesla as people are also less inclined to get first production if a primary motivator was the tax credit.
 
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daniel

Active Member
May 7, 2009
4,767
3,588
Kihei, HI
I still have not decided whether to get the car as early as I can, or wait for AWD and P, and get it without the glass roof (if possible) and without the upgraded interior. I'm still inclined to get it early. But the tax credit will not affect my decision.
 

omgwtfbyobbq

Active Member
Aug 24, 2013
1,450
1,612
Southern California
  • Informative
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sperkin

Member
Mar 23, 2017
795
780
Los Angeles, CA
Losing the tax credit would be a win for Tesla. Imagine in 2019 when someone gets $7,500 off a Bolt or nothing on a Model 3, they would probably go for the Bolt because it's cheaper. My co-workers are already planning for a Bolt or Leaf because they didn't reserve a M3. Now if its an even field and no ones gets the credit, I think more people will wait and buy a model 3 instead.

Also, seems lile majority of the people already with early reservations doesn't care about the credit so this is not an issue for Tesla. They win either way but it's their best interest if the credit goes away. They almost delepted their allocation anyway.
 

Foxhound199

Member
Jul 3, 2015
601
995
Seattle, WA
Losing the tax credit would be a win for Tesla. Imagine in 2019 when someone gets $7,500 off a Bolt or nothing on a Model 3, they would probably go for the Bolt because it's cheaper. My co-workers are already planning for a Bolt or Leaf because they didn't reserve a M3. Now if its an even field and no ones gets the credit, I think more people will wait and buy a model 3 instead.

Also, seems lile majority of the people already with early reservations doesn't care about the credit so this is not an issue for Tesla. They win either way but it's their best interest if the credit goes away. They almost delepted their allocation anyway.
If a Bolt was $7500 less, I would still get the model 3 and feel I was getting a better value. I don't want to come off as mean to other manufacturers, but there is a significant gap which will be obvious once the 3 is readily available. I think new manufacturers are actually going to need that incentive to have any hope of breaking into the game, and Tesla will still perform very well even when the game is handicapped.
 
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gregincal

Active Member
Oct 26, 2012
3,763
2,294
Santa Cruz, CA
Losing the tax credit would be a win for Tesla. Imagine in 2019 when someone gets $7,500 off a Bolt or nothing on a Model 3, they would probably go for the Bolt because it's cheaper. My co-workers are already planning for a Bolt or Leaf because they didn't reserve a M3. Now if its an even field and no ones gets the credit, I think more people will wait and buy a model 3 instead.

Also, seems lile majority of the people already with early reservations doesn't care about the credit so this is not an issue for Tesla. They win either way but it's their best interest if the credit goes away. They almost delepted their allocation anyway.

People aren't going to be getting $7500 off of a Bolt in 2019. GM is about to run out of credits too.
 

suwaneedad

Member
Dec 11, 2016
921
1,113
Atlanta
I'm just bummed for Elon, since he mentioned on an earnings call once a few years ago that managing the timing of the deliveries could swing tax credit value to Tesla owners by a BILLION dollars. I did the math once and it is a real number. That's a really big value transfer from the US govt to the Tesla drivers. Sure hope it survives the conference committee, but don't expect that it will since the GOP in general "hates the environment." My own income taxes will decline by more than $7500 each and every year under either the House or the Senate plan, so I don't really care about the EV credit outcome...as long as one of the bills becomes law I am way ahead and expect most, perhaps nearly all, Tesla buyers will be ahead too. Every. Year.
 

run-the-joules

Active Member
Aug 13, 2017
3,613
6,441
SF Bay
Now if its an even field and no ones gets the credit, I think more people will wait and buy a model 3 instead.

I think you overestimate the patience of the average american car buyer. They buy off the lot, waiting isn't something most of them will do… certainly not for months and months.
 

Glamisduner

Active Member
Aug 2, 2017
3,581
2,117
Escondido, CA
I was planning to use the tax credit to fix my driveway. Without it I'll probably just buy a used car and fix my driveway. No EV for me. My backup plan was to buy a bolt before dec 31st but it seems the tax credit may be up in the air until the 31st now :( Plus I don't think there is allot of inventory left on the bolt, they are selling pretty fast right now for anyone that was on the fence for one. There is a chance I might be able to adjust for the $7500 by downgrading the m3 to the base model, but that's basically the amount of money I would be able to save every month to help me buy the M3 which just does not sit will for me. $7500 is allot of money to lose out on.
 

Glamisduner

Active Member
Aug 2, 2017
3,581
2,117
Escondido, CA
I mean, if the tax credits are cancelled, I could go out and buy a $7500 off bolt before Dec 31. "Could" is the operative word, because it's still not enough to change my mind.

Are you sure? They have been selling quite well and the inventory is getting slim. I went and test drove one and getting a bolt might be harder than you think. You might be able to get one, but it might not be configured the way you want. It will only get harder closer to the 31st if the credit gets eliminated. For me the white dash is out, because it causes some serious dash-glare issues (not sure if cross forum linking is allowed so you will have to good that if interested). $7500 is enough to make me pick an alternative although I still think the Tesla is better in every way. However I could get 2 bolts with the tax credit for the price of an M3, and the wife does need a new car too.
 
Last edited:

Foxhound199

Member
Jul 3, 2015
601
995
Seattle, WA
Are you sure? They have been selling quite well and the inventory is getting slim. I went and test drove one and getting a bolt might be harder than you think. You might be able to get one, but not get one how you want it configured. And it will only get harder closer to the 31st if the credit gets eliminated.. For me the white dash is out, because it causes some serious dash-glare issues (not sure if cross forum linking is allowed so you will have to good that if interested). $7500 is enough to make me pick an alternative although I still think the Tesla is better in every way, I could get 2 bolts with the tax credit for the price of an M3, and the wife does need a new car too.
I mean, yeah. There's at least half a dozen sitting on the lot a few minutes from me. In my hypothetical case, I guess I didn't give a lot of thought to my most desired configuration of a car I wouldn't buy.
 

daniel

Active Member
May 7, 2009
4,767
3,588
Kihei, HI
... the GOP in general "hates the environment." ...

It's not so much that they hate the environment. More that they love their oil revenues and the bribes (oops, "campaign donations") from oil companies, so they have strong motivated reasoning to reject science and evidence. And since decision makers are mostly old men who have a short time horizon, many of them don't really care what happens to the environment 20 years down the road when they don't expect to be around any more. This really applies to both parties, though the Republican Party has been hijacked by religious extremists who see science as an enemy of their creation myths, and who expect the second coming of Christ to make the environment irrelevant.
 

Glamisduner

Active Member
Aug 2, 2017
3,581
2,117
Escondido, CA
So the only loaded Bolt I could find was either Nightfall metallic gray, 60 miles away. Or White 100 miles away. The infotainment package seems impossible to find. It gives you wifi cell charging, Bose 7 speaker with a subwoofer, and extra USB ports for passengers. Dang I guess if I want to ensure I get the credit I have to buy a bolt and drive for hours (lots of traffic heading towards Los Angeles).

And if those 2 sell soon, then I'd end up driving out of state to get one before the deadline I guess.

I know this is a tesla forum and many people here have an extra $7500 laying around burning holes in their wallets (tesla's are not cheap so a wealthier crowd for sure) , but the demand for the bolt is real... Still have a hard time swallowing what you get for $40k in a bolt vs 40k in a Tesla. But at this point you would be lucky to even get a bolt before the tax credit runs out.
 

barjohn

Member
Sep 23, 2017
547
668
Riverside, CA
I have a Bolt Premier and I am waiting for an M3 to replace another car and I can tell you the Bolt is a really good car for LA traffic. I live in Riverside and we drive to LA and Orange County frequently. It is fast and maneuverable. Not as nice an interior as a Tesla S for sure but it is half the price. If you can afford it you can still get an S before year end and get the credit too. I bought my Bolt at Martin Chevrolet and was able to get about $4K off of MSRP.
 
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