I put my MYP order on hold yesterday, and my SA confirmed that I will stay in front of the queue. I'm assuming if I click on the "I'm ready" button, it will not take so long (about a week from other people's past experience) for me to get a VIN.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tax credit
- Thread starter florchak
- Start date
My personal take is that you'll probably get your car faster than others, specifically because you're getting a MYP. vs. MYLR.
FWIW my SA told me somewhat of the same thing, that "it takes 3-5 days to receive a car" but didn't specify how long it takes to get re-matched after you "unhold". The SA didn't specify, and frankly my current experience right now is that it seems like the SA either doesn't have control of the matching and/or isn't attempting to get me matched earlier.
I am guessing that I am going to be waiting until at least January to take delivery of my MYLR, which is so infuriating considering I was originally scheduled to take delivery on 11/18. I may be waiting up 2 additional months for my car. Such a poor buying experience.
The senate version that came out of committee over the weekend left in the
$4,500 additional for US-built, union-built cars Manchin wants out. He may not make that a priority as he has much bigger fish to fry and so it may somehow skate by. but I doubt it. He has Toyota in his state.
One serious DC media report said Senate is unlikely to cut out the $4,500 entirely and may just change it to US built (union or not) getting the entire $12,500 amount before sending the bill back to House.
House may or may not like that. But now among the various plausible scenarios, including Manchin shooting the bill down entirely, is a full $12,500 credit for Model Y’s and M3 LR or Standard delivered after Dec. 31. That would be huge. My money is more likely on Manchin shooting down much or all of the bill and it getting delayed at best but who knows.
$4,500 additional for US-built, union-built cars Manchin wants out. He may not make that a priority as he has much bigger fish to fry and so it may somehow skate by. but I doubt it. He has Toyota in his state.
One serious DC media report said Senate is unlikely to cut out the $4,500 entirely and may just change it to US built (union or not) getting the entire $12,500 amount before sending the bill back to House.
House may or may not like that. But now among the various plausible scenarios, including Manchin shooting the bill down entirely, is a full $12,500 credit for Model Y’s and M3 LR or Standard delivered after Dec. 31. That would be huge. My money is more likely on Manchin shooting down much or all of the bill and it getting delayed at best but who knows.
I'm in same dilemma, my vehicle is on the way, scheduled to arrive at the dealer on December 26. I was told by SA I would need to take the delivery within 3 days. Only way to extend it to next year is to give up my VIN and wait for next round. I have until December 24th to decide if I want to let go of my VIN. I'll keep you guys posted...
Still could happen. But yeah, chances went to low single digits. And if it does, when? April? May?
CrimsonO2
Member
Even if it did, I would be super skeptical about it retro-applying to beginning of the year. I would consider this bill in it's current form, essentially dead.
Yup. I guess my point was... I have an EDD of no sooner than March 12, so I'm good for a Jan. 1 credit but who knows now.
The wording of the draft law built around Jan. 1 gave people like me a framework for making a decision about when to accept delivery, whether they could wait that long etc.
Now, some refresh of the tax credits for Teslas is still possible (thought probably not likely) but even that tiny percent change of a yes doesn’t have any date it is tied to, so nearly everyone is going to just throw up hands now and say, give me mine as as soon as possible.
Except uhhhh... those poor folks who will prob surface by January or February wanting to delay in hopes an Austin-made Y, or in hopes of the fabled 4680 batteries, etc.
It would be terrible for it to be retroactive to Jan 1st. It would screw thousands of EV buyers who bought under the old rules and suddenly get their tax credits taken away - Polestar 2 buyers, new PHEV owners, etc.
For what benefit? To give Tesla + Bolt owners who bought between Jan 1st and signing date - the credit. Yeah, not happening. I don't think the Bolt had it's stop-sale lifted yet either.
Seems like this will never end. Surely, soon after I pick up my MYP, the tax credit will go into effect, retroactively starting the day after I pick up my car.
Biden and Manchin speak
Biden and Manchin speak
pepperoni
Member
I just want to mash that “I’m Ready” button, but I know if I do I’ll get a car tomorrow and wake up to a WaPo story about a new negotiated deal to pass something in the new year. More likely… my car comes months from now and no deal passed. I think I’ll just sit tight for another 10 days…
Might as well wait until Feb/March until there is a more definite resolution. No guarantee the BBB bill will be retroactive to Jan 1st... especially if it drags on until Feb.
pepperoni
Member
True, but I think I’ll hedge under the possibility that if something does pass it will be effective Jan 1, even if passed later. That’s when most tax related laws are effective and how the current House bill is written. I’m afraid I’ve gone from optimistic to pessimistic on a bill though. Thus my desire to just mash that button. It’s only 10 days though!
flstcgranucci
Member
I’m hoping but not holding my breath that they will make it retroactive.
I've been pushing my delivery since last October in the hope of getting the tax credit. Looking at the latest information, I'm not sure what to do. If I press the "I'm ready button" on Dec 1st, what are my chances of getting the car delivered in the first week or two in January? I live in the Bay Area if it matters.
flstcgranucci
Member
I’m confused. If you are still waiting to press I’m ready on the 1st… ain’t you waiting a little long? It’s the 20th today.
Last week I got a text that they are building my car and to reply December to take delivery this month. I was out of town and replied delay for two days. On the third day I pressed I’m ready. Now I’m pushed out to Feb.
I should of taken the red pill
Retroactive will anger thousands of EV + PHEV buyers (that lose credits in 2022 when they assumed old rules were in place) in exchange for pleasing Tesla and Bolt buyers. The fairest method is to make the bill effective on signing.
Maybe, but I would assume I would get assigned any cars that gets out of the factory. This is what happened to me when I did buy 2018 Model 3...I’m confused. If you are still waiting to press I’m ready on the 1st… ain’t you waiting a little long? It’s the 20th today.
Last week I got a text that they are building my car and to reply December to take delivery this month. I was out of town and replied delay for two days. On the third day I pressed I’m ready. Now I’m pushed out to Feb.
I should of taken the red pill
If I click "I'm ready" will I get assigned a VIN? If I get it, can I still push the delivery?
Nothing tax related is ever effective on signing. It is almost always retro to the start of the tax year or some arbitrary date in the future. Have to look at the bill in total though and what they are trying to accomplish to determine which way they are likely to go. If it stays packaged as the BBB currently is then I expect it to be retroactive to 1/1. Since they need it to go through reconciliation to pass with a simple majority then this is the way it is most likely to happen. Republicans are not going to support a standalone bill that goes against the coal miners and coal rollers and that would be needed to get 60 votes on a standalone bill. Also, the only people hurt in this instance are people who exceed the income cap, which the Dems will argue is counter to the point of the bill and the income cap is already pretty high so not a huge number of people affected.
So what would make it be effective in the future? If it isn't done in the first 2 weeks of January I think it will be rewritten almost entirely and at that point it is unlikely for it to pass at all and if it does it is a crap shoot whether or not the EV credits will stick. Manchin is either 100% that this will never pass or he is using this as a leverage tactic to get something that Biden refused to give him during negotiations. If that is the case this will be renegotiated very quickly and passed in some form in the next 3 weeks. IMHO.
Similar threads
- Sticky
