fayeznajeeb
Member
I did not know you can actually hold the price if you submit $100. I wish I knew at that point.Yeah, not sure why you wouldn't put in an order now and place a hold. The price is just going to continue to rise.
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I did not know you can actually hold the price if you submit $100. I wish I knew at that point.Yeah, not sure why you wouldn't put in an order now and place a hold. The price is just going to continue to rise.
“I expect that in the coming months this summer, before the fiscal year is over, that we will have voted on this bill, the infrastructure bill, as well as voted on the budget resolution. But if only one comes to me, this is the only one that comes to me, I’m not signing it. It’s in tandem,” Biden told reporters at the White House."I agree there is likely to still be some credits at some point, but I would expect them late Fall of this year at the earliest. This would mean that if it is non-refundable, then you would not have much time to arrange your taxes to take advantage, which then moves it to next year for most people.
For myself, I would lose the 2500 CO tax credit and who knows how the value of my current car and the price of a new Tesla would change by that time. I expect my current car value to be several thousand lower and a Tesla to be several thousand higher (already is currently 1500 more than when I placed my order in early April). All of which is to say, I'm excited to take delivery of my car this weekend, even without the credit.
But for anyone needing the financial incentive, being patient and waiting until next year could certainly pay off.
Kinda what I was thinking, but figured add in another 30 days before everything goes into effect because it's the government. Maybe not if it's just a non-refundable tax incentive, but if it's a point of sale rebate, I assume that would take some time to implement. The Clean Energy for America Act that I read through said next year for start date of EV incentives, so it wouldn't surprise me if there was some kind of delay before they started.“I expect that in the coming months this summer, before the fiscal year is over, that we will have voted on this bill, the infrastructure bill, as well as voted on the budget resolution. But if only one comes to me, this is the only one that comes to me, I’m not signing it. It’s in tandem,” Biden told reporters at the White House."
I would expect clarity by the end of September
“I expect that in the coming months this summer, before the fiscal year is over, that we will have voted on this bill, the infrastructure bill, as well as voted on the budget resolution. But if only one comes to me, this is the only one that comes to me, I’m not signing it. It’s in tandem,” Biden told reporters at the White House."
Biden says he won’t sign bipartisan bill without reconciliation bill
President Biden on Thursday said he won’t sign the bipartisan infrastructure deal if Congress doesn’t also pass a reconciliation bill, committing to a dual track system to get both bills passed.…thehill.com
Yea I mean, how do we know that what Biden is talking about would also include EV rebates?“I expect that in the coming months this summer, before the fiscal year is over, that we will have voted on this bill, the infrastructure bill, as well as voted on the budget resolution. But if only one comes to me, this is the only one that comes to me, I’m not signing it. It’s in tandem,” Biden told reporters at the White House."
I would expect clarity by the end of September
Biden saying that already has put the bipartisan bill in jeopardy, reconciliation is also not guaranteed, they will have to have all dems on board (manchin), not raise the national debt, and get passed the senate parliamentarian who already has shot down big attempts like minimum wage. If it does pass I sincerely doubt any EV tax credits will go through in their original proposed forms. My guess is if they do pass they will only apply to lower cost non “luxury” EVs under a certain price point.EV Credits are still coming. There is going to be a second infrastructure bill that will get passed via reconciliation that will most likely have the EV credits in it. Biden said he won't sign the Bi-partisan bill without a second bill with all the extra goodies he didn't get. So I wouldn't rule them out just yet.
Yes, place order now definitely. Then tell your SA you want a hold until November 1st. You can always click the button on your account to release it earlier to better align with your timing. Officially you can hold for 90 days. But 3-6 months shouldn’t be an issue either.I went back a few pages in this thread and at least one person mentioned something about placing an order today to at least get locked in price.
My situation if this helps: I currently have a lease ending this November 1 on my Ford Edge. I am strongly considering a MY LR (options: Blue exterior, that's all). Thus I have nothing to worry about selling, trading-in, etc. Flat out put some $xxx dollars down and finance the rest.
Here in NJ we do not pay sales tax on EV purchases and supposed NJ EV rebates are being renewed for 2021. A Fed rebate on top would be icing on the huge cake but I am not holding my breath and making that a deciding purchase factor.
I was not originally planning to place an order or anything until around August. Should I forgo that plan and place one sooner than later? I am just confused on how long I can "keep my place in line" with that $100 reservation and if I am penalized in any additional way for retracting it, say in Sept or something.
Thanks for the help!
It will be very difficult to plan/predict for a Tesla to arrive on a specific date, but if you're shooting for roughly a November delivery you will most likely want to order now to lock in the price. Unfortunately as of this morning the price of a LR did go up by another $500, but at least you'd be locked in to today's price. Tesla has been playing with price bumps on the LR every 2-3 weeks, though I can't imagine it going up much more than the price right now. Ordering doesn't get you into any line. Completing your profile and readying your account for delivery (address, financing options, delivery location, title/registration, etc.) gets you in line for a VIN assignment/delivery.I went back a few pages in this thread and at least one person mentioned something about placing an order today to at least get locked in price.
My situation if this helps: I currently have a lease ending this November 1 on my Ford Edge. I am strongly considering a MY LR (options: Blue exterior, that's all). Thus I have nothing to worry about selling, trading-in, etc. Flat out put some $xxx dollars down and finance the rest.
Here in NJ we do not pay sales tax on EV purchases and supposed NJ EV rebates are being renewed for 2021. A Fed rebate on top would be icing on the huge cake but I am not holding my breath and making that a deciding purchase factor.
I was not originally planning to place an order or anything until around August. Should I forgo that plan and place one sooner than later? I am just confused on how long I can "keep my place in line" with that $100 reservation and if I am penalized in any additional way for retracting it, say in Sept or something.
Thanks for the help!
I went back a few pages in this thread and at least one person mentioned something about placing an order today to at least get locked in price.
My situation if this helps: I currently have a lease ending this November 1 on my Ford Edge. I am strongly considering a MY LR (options: Blue exterior, that's all). Thus I have nothing to worry about selling, trading-in, etc. Flat out put some $xxx dollars down and finance the rest.
Here in NJ we do not pay sales tax on EV purchases and supposed NJ EV rebates are being renewed for 2021. A Fed rebate on top would be icing on the huge cake but I am not holding my breath and making that a deciding purchase factor.
I was not originally planning to place an order or anything until around August. Should I forgo that plan and place one sooner than later? I am just confused on how long I can "keep my place in line" with that $100 reservation and if I am penalized in any additional way for retracting it, say in Sept or something.
Thanks for the help!
Yes, place order now definitely. Then tell your SA you want a hold until November 1st. You can always click the button on your account to release it earlier to better align with your timing. Officially you can hold for 90 days. But 3-6 months shouldn’t be an issue either.
Some perspective; I released my hold on June 1st and had delivery June 16th. So releasing October 1st might make sense. However, this is Q4 which may put you in for a December delivery. If you are ok with either extending the lease a couple months or trying for an end of Q3 September delivery and have 2 car payments for a month and a half or so. Timing October 31st will be difficult.
You might want to check your residual value and see if selling/trading in your Edge would put money in your pocket prior to lease return. Hopefully you’re pleasantly surprised with how the numbers come out.I went back a few pages in this thread and at least one person mentioned something about placing an order today to at least get locked in price.
My situation if this helps: I currently have a lease ending this November 1 on my Ford Edge. I am strongly considering a MY LR (options: Blue exterior, that's all). Thus I have nothing to worry about selling, trading-in, etc. Flat out put some $xxx dollars down and finance the rest.
Here in NJ we do not pay sales tax on EV purchases and supposed NJ EV rebates are being renewed for 2021. A Fed rebate on top would be icing on the huge cake but I am not holding my breath and making that a deciding purchase factor.
I was not originally planning to place an order or anything until around August. Should I forgo that plan and place one sooner than later? I am just confused on how long I can "keep my place in line" with that $100 reservation and if I am penalized in any additional way for retracting it, say in Sept or something.
Thanks for the help!
I think you are dead onI've given up on the tax credits. They are not in the "bipartisan deal" and Biden pissed off all the Republicans by saying they would do reconciliation on top of this bill. I don't see how they could ever pass a green bill with the filibuster intact. I ordered my Y this morning. If something looks promising before September delivery, I'll delay. I'm not holding my breath (any more).
Yea man, just live, I ordered mine a a month or so back and have no regrets. I get a great car, and whatever happens happens. If covid thought me anything is life is short so try and enjoy yourself within your means.I've given up on the tax credits. They are not in the "bipartisan deal" and Biden pissed off all the Republicans by saying they would do reconciliation on top of this bill. I don't see how they could ever pass a green bill with the filibuster intact. I ordered my Y this morning. If something looks promising before September delivery, I'll delay. I'm not holding my breath (any more).
Nice, it’s like max discount given the current market.Same here. Held out hope. Would have been nice. The $4,000 in price increases since my order is a nice plus. Add to that state incentives and I’m at $5500. Not too bad, but in all honesty I just want a Tesla MY as my daily driver.