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Recent MYP Delivery Estimates
- Thread starter Tdriver
- Start date
Starway2001
MYP | Red/White | OD 8/20 | VIN #318 11/24
"Tesla delivers it's automotive experience to you in a way that allows you to have a full-featured emotional experience..."
Phreddieruxpin
MYP | Red/Black | No tow/FSD | OD: 9/14
Tmoney88
Member
When you say SA, is this one that's been assigned to you or is this someone that you dealt with at the Tesla dealership. I just ask becuase I haven' been assigned anyone specifically.I'm a bit salty you received more promising news when you ordered after mine..
Under the current legislation... Tesla's will not be eligible for the Federal Tax Credit.
It's the new bill going through right now. It isn't clear exactly how much a Tesla would be eligible for but it sounds like 7500, 8000, or 10000 from the articles I've read so far.
Not enough info if it would be retroactive or only for purchases as of 1/1/22.
Starway2001
MYP | Red/White | OD 8/20 | VIN #318 11/24
Why can't I claim the EV tax credit for my Tesla?
Tesla is by far the largest EV maker in the US today. However, those who purchase an EV from the automaker will not be eligible to claim the car on their taxes. That's because the current law for the credits phases them out after a particular automaker sells over 200,000 qualifying vehicles. In Tesla's case, it sold its last qualifying vehicle back in 2019, leaving no additional tax credits to take advantage of. The same goes for General Motors. A Chevy, GMC, Buick or Cadillac EV is not eligible for the EV tax credit as of today. The automakers continue to lobby for new legislation to make credits available to them once again.
EV tax credits: Manchin a no on Build Back Better bill, putting $12,500 incentive in doubt
The House passed Biden's Build Back Better bill in November, but it remains untouched in the Senate.
www.cnet.com
Thats the current credit not the proposed, correct?Why can't I claim the EV tax credit for my Tesla?
Tesla is by far the largest EV maker in the US today. However, those who purchase an EV from the automaker will not be eligible to claim the car on their taxes. That's because the current law for the credits phases them out after a particular automaker sells over 200,000 qualifying vehicles. In Tesla's case, it sold its last qualifying vehicle back in 2019, leaving no additional tax credits to take advantage of. The same goes for General Motors. A Chevy, GMC, Buick or Cadillac EV is not eligible for the EV tax credit as of today. The automakers continue to lobby for new legislation to make credits available to them once again.
EV tax credits: Manchin a no on Build Back Better bill, putting $12,500 incentive in doubt
The House passed Biden's Build Back Better bill in November, but it remains untouched in the Senate.
I ordered mine totally online and did not visit a Tesla dealer. Mainly cause they didnt have the car to test drive.. so I wouldn't know unfortunately.
Starway2001
MYP | Red/White | OD 8/20 | VIN #318 11/24
Here the text from page 109 of the current bill
Build Back Better Act — Rules Committee Print Section-By-Section 109 Section 135306. Credit for qualified wildfire mitigation expenditures. This provision creates a tax credit equal to 30% of qualified expenditures for individuals and businesses who participate in a qualified state-based wildfire resiliency program. The provision applies to expenditures paid or incurred after the date of enactment. PART 4 – GREENING THE FLEET AND ALTERNATIVE VEHICLES Section 136401. Refundable new qualified plug-in electric drive motor vehicle credit for individuals. This provision provides for a refundable income tax credit for new qualified plug-in electric drive motor vehicles placed into service by the taxpayer during the taxable year. The amount of credit allowed by this provision with respect to a qualified vehicle is equal to the base amount of $4,000 plus an additional $3,500 for vehicles placed into service before January 1, 2027 with battery capacity no less than 40 kilowatt hours and a gasoline tank capacity not greater than 2.5 gallons, and for vehicles with battery capacity of no less than 50 kilowatt hours thereafter. The amount credit allowed for a qualified vehicle is increased by $4,500 if the final assembly of the vehicle is at a facility in the United States which operates under a union-negotiated collective bargaining agreement. The amount of credit allowed for a qualified vehicle is increased by $500 if the vehicle model are powered by battery cells which are manufactured within the United States. The amount of credit allowed for a qualified vehicle is limited to 50 percent of its purchase price. Beginning in 2027, this credit shall only apply with respect to vehicles for which final assembly is within the United States. For purposes of this credit, a new qualified plug in electric drive motor vehicle means a vehicle • the original use of which commences with the taxpayer, • is acquired for use or leased by the taxpayer and not for resale, which is made by a qualified manufacturer, • which is treated as a motor vehicle for purposes of title II of the Clean Air Act, • which has a gross vehicle rating of less than 14,000 pounds, • which is propelled to a significant extent by an electric motor which draws electricity from a battery which has a capacity of not less than ten kilowatt hours and is capable of being recharged from an external source of electricity, • does not have a gasoline tax capacity of greater than 2.5 gallons, and • is not depreciable property. A qualified manufacturer means any manufacturer which enters into written agreement with the Secretary to ensure each vehicle manufactured meets the requirements of this provision and is labeled with a unique vehicle identification number, and that such manufacture will periodically provide such vehicle identification numbers to the secretary in such a manner as the Secretary may prescribe. No credit shall be allowed for vehicle by which the manufacturer’s suggested retail price exceeds the applicable limitation, which is as follows: • Vans : $64,000 • SUVs: $69,000 • Pick Up Trucks: $74,000 • For any other vehicle: $55,000 The credit is phased out by $200 for each $1,000 of the taxpayer’s modified adjusted gross income as exceeds $800,000 for married filing jointly, $600,000 for head of household, and $400,000 in any other case. For a given taxable year, the taxpayer may use modified adjusted gross income for that year or the immediately preceding year, whichever is lower. The taxpayer may elect to transfer the credit to the vehicle dealer, provided the dealer is registered as an eligible entity with the Secretary, discloses the MSRP, credit amount, associated fees, and the amount to be paid to the taxpayer in the form of a down payment or otherwise with respect to the transfer of credit. The Secretary shall establish a program to make advance payments to any eligible dealer equal to the cumulative amount of transferred credits. This provision provides for a 30% credit, not to exceed $7,500, for two and three wheeled plug in electric vehicles which have a battery capacity of no less than two and a half kilowatt hours, are manufactured primarily for use on roads an highways, and are capable of achieving a speed of 45 miles per hour or greater, and otherwise meet the requirements of this section. The Secretary shall make payments to mirror code territories for the amount of revenue lost with respect to this provision. The Secretary shall make payments to non-mirror code territories for the amount of revenue lost with respect to operating a similar credit for electric vehicles. This provision is made effective beginning after December 31, 2021, replacing section 30D, the plug-in electric drive motor vehicles credit. No credit shall be allowed under this provision for vehicles acquired after December 31, 2031.
Just watch Tesla squirm trying to get people to take delivery of vehicles when they cost $8k less with delivery a few weeks later.
SouperFly
Member
So to clarify, is the Y considered an SUV or regular vehicle? Also, the Performance Y with FSD would seem to be over the 69k limit.
I'm fairly certain it would be considered an SUV. Just add FSD after delivery as that lowers your MSRP.
I just placed my deposit on 10/25/21 for a white on white MYP with no tow and no FSD. I’m actually the opposite and want mine delivered as late as possible to hopefully get some of the 2022 updates since I already have a Model 3. I haven’t filled in the “place of delivery” yet. I wonder how long they will let me hold out on completing the online forms.
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