I think it makes sense, if tubaprde makes more than 150k single (which is pretty average in the Bay Area) then he won't qualify for the tax incentive, but that doesn't mean he has no money, only that he has to prioritize his money on a down payment for the house instead of a car, being saddled with a 1k payment will significantly impact the borrowing potential when qualifying for the house loan.
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Some customers are getting offer of $7500 off + 10k free miles
- Thread starter acpd
- Start date
I understood that based on his continuous “I make to much money” song. As a 1k monthly on a 55k car would mean he intends to put Nothing down in the highest loan rate value I was suggesting this Might not be a wise purchase. If you don’t have a home mortgage or a new car loan and can’t find funds for a down payment it’s Likely Not advisable to buy a new car. Just cancel and stop looking for guidance on a forum. That Doesn’t make sense.
I'm in the same boat. I wouldnt qualify either but i still live paycheck to paycheck regardless of the high income. Mortgage, prop taxes, income taxes, FOOD, kid's tuition, retirement plans, health insurance, prop and car insurance, etc. All the little things add up. There really isnt anything left over after all that to save. I would stop making assumptions about other people's finances if i were you.
Typically I would agree but OP laid out his situation and asked for advice. Lots of people are going have the same reaction and post similar advice, comments or questions.
As you posted advice I would say the same for you then. Living paycheck to paycheck with a Very Likely economy crash on the horizon buying a New Not necessary High Value car is Not a smart decision. All of the other items on your list however Are Especially the kids well being.
The IRS released information today about the cars and their IRA tax credit eligibility...
www.irs.gov
Credits for new clean vehicles purchased in 2023 or after | Internal Revenue Service
You may qualify for a clean vehicle tax credit up to $7,500 if you buy a new, qualified plug-in electric vehicle or fuel cell electric vehicle.
The IRS released information today about the cars and their IRA tax credit eligibility...
Credits for new clean vehicles purchased in 2023 or after | Internal Revenue Service
You may qualify for a clean vehicle tax credit up to $7,500 if you buy a new, qualified plug-in electric vehicle or fuel cell electric vehicle.
Woah, the 5 seater versions dont qualify???
Nope, unless they made a mistake or tesla lowers the price back down to $55,000 like it was last year.
Sound like Tesla will have more the 7 seater orders next year
yerEVan
Active Member
This is indeed interesting, the standards are very vague I have to say, for example on Teslas it's differentiated between the 5 and 7 seater, but then on the ID.4 it's differentiated between RWD and AWD, on the Mach-E it's just straight up a defined as a car regardless of AWD.
Better get buy a car out of inventory now if you want $7500....two days left to snap one up. Unless you want a 7 seater.
But those are some weird qualifications....who cares if you can stuff some young child in the joke of 3rd row seat...why does that qualify? Why does an AWD version of ID4 qualify and not RWD? Why does no Mach-E qualify as SUV?
Bizarre...
But those are some weird qualifications....who cares if you can stuff some young child in the joke of 3rd row seat...why does that qualify? Why does an AWD version of ID4 qualify and not RWD? Why does no Mach-E qualify as SUV?
Bizarre...
1) discount on price should mean discount on sales tax as well, so my decision was to go for it based on this alone.
2) you have to remove hold status to be matched to a car. You'd better hurry if it's at all possible to pickup by now.
3) Performance means compromising on efficiency and range. You should be really really really sure a 19" wheel non-performance won't work for you. To me the 19" non-performance have just INSANE power.
Good luck and enjoy!
Thanks I passed on the 3 and will keep my p85dl. Now doubt, I’ve seen videos showing the LR 3s pull almost as hard to 60 and at 80 just as hard. Definitely a sleeper
Electric700
Active Member
Happy New Year! What you have is AWD already with the P85DL so you have a good level of safety, top of the line for 2014. If you are happy with it, keep it and pay it off. While Tesla offers main battery repair options if you might need that service in the future, these third-party companies can help too and I have seen costs stay in the $5k range, reported from other members:
www.057tech.com (Offers a main battery warranty)
www.recell-ev.com
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