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Tesla EV Tax Credits coming back?
- Thread starter hnguy054
- Start date
HyperionMark
Member
Ironic, that a Camry is what a lot of people say a Model 3 is comparable to in TCO.I suspect his answer is going to be a Camry
Why? Maybe he’s considered similar priced ICE car and the additional rebate might push him over to EV. Isn’t that what the ultimate goal is here? This also encourages more smaller auto companies to put in R&D into EV otherwise the initial cost of producing cars will be too high. Even though rebate is to the consumer but looking it another way it’s a stimulus for EV manufactures.
ElectricIAC
Good-Natured Rascal
Someone with the means is going to pick what they want when they want it, perceived cost benefits be damned.
I know this because this is quite literally my business.
The goal with any subsidy/tax benefit should be to aid those who otherwise would not have the choice open to them financially -- The wholesale proliferation game has already been tried and we should move past it.
So is the Model Y a sedan or an SUV? The bill says "For purposes of this subsection, the Secretary shall prescribe regulations for determining vehicle classifications using criteria similar to that employed by the Environmental Protection Agency and the Department of Energy to determine size and class of vehicles."
Last time I hunted around for the definition a SUV for EPA purposes had a GVWR >6000 lbs. The MYLR is about 5300. Note that these government definitions are almost completely unrelated to the common usage of terms. If it's not legally an SUV it's not going to qualify.
Last time I hunted around for the definition a SUV for EPA purposes had a GVWR >6000 lbs. The MYLR is about 5300. Note that these government definitions are almost completely unrelated to the common usage of terms. If it's not legally an SUV it's not going to qualify.
I have to disagree.
1) Making over that CAP does not mean you can afford a $100k car. And if you leave in a premium plus area, then even less.
2) If you considered a similar priced ICE car, the additional rebate might probably push you to an EV. Otherwise you might just get an ICE car
Disagree, the credit has a dollar limit on the vehicle purchase price. 'Affordability' is none of anyone's business, most of all the governments.
As a person of means, I wouldn't drive a lowly Model 3 just get a rebate anyway (as I sit here waiting for '22 with my model 3 order on hold) ;-)
The NHTSA classifies the Tesla Y as an SUV.
Fueleconomy.gov, another government agency, also classifies as an SUV:
Fuel Economy of the 2021 Tesla Model Y Long Range AWD
2021 Tesla Model Y Long Range AWD. Search by make for fuel efficient new and used cars and trucks
www.fueleconomy.gov
Unless you saw another definition in the bill that classifies an SUV, I suggest what you're asserting is misinformation that has no authoritative source / backing.
Apologies if this question was answered in one of the 90 pages earlier 
Assuming proposed tax credit becomes effective in Jan 2022, is there a limit on the number of Tesla's one could consider for tax credits? If there is a limit of one EV per person or household, in scenarios where husband and wife filing joint taxes, each one should have separate booking incase of two Tesla purchases?
Assuming proposed tax credit becomes effective in Jan 2022, is there a limit on the number of Tesla's one could consider for tax credits? If there is a limit of one EV per person or household, in scenarios where husband and wife filing joint taxes, each one should have separate booking incase of two Tesla purchases?no matter what tax tricks you do, you can get one car per year with the tax credit. (Please correct me if I am wrong).Apologies if this question was answered in one of the 90 pages earlier
doomsday997
Member
When the tax payer has to essentially pick up part of the tab then yes it is the governments (and more importantly the public’s) buisness, not to mention the government knows what you make anyway through your tax filings so that very notion is kinda silly.
doomsday997
Member
Someone with the means is going to pick what they want when they want it, perceived cost benefits be damned.
You said it perfectly. Ridiculous to subsidize those with very high incomes, into a high end car.
Is it more important to get EVs on the road or worrying about who gets a deal? Let's not perfection get in the way getting rid of ICE.
ElectricIAC
Good-Natured Rascal
I bet you whine about corporate tax breaks (Which I’m not totally down for, either) unironically, too.
a quick search brings this. Though they say consult with a tax professional, it looks OK to claim more than one EV per year
Here's every electric vehicle that currently qualifies for the US federal tax credit
Here's a comprehensive guide to help you figure out if your electric vehicle still qualifies for any federal tax credit and state incentives.
I think that those who don't believe that the Model Y is an SUV should listen to their conscience and not file for the rebate.
...or go to paranoia rehab.
...or go to paranoia rehab.
Spidey616
Member
Here’s a nice chart detailing the current proposed EV incentives.
That would be a great idea. So far it hasn’t happened. I haven’t heard any rumors of this happening either.
ElectricIAC
Good-Natured Rascal
That should be expressly forbidden in any deal.
Either they sell you the complete car at a compliant price, or it doesn't qualify for subsidy.
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