Private Cash Offer + $5k price protection UPDATE — the nightmare before Christmas

[lightspeed]

Is the $5k and $4k price protections also structured as a rebate? That's about $698 in additional sales tax in CA if they are.

Sorry, maybe someone who has done it here can answer. I don't know how the price protection is structured.

In my case, I got the 'private offer' which was applied as a rebate which was taxable.

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[jimfigler]

Is the $5k and $4k price protections also structured as a rebate? That's about $698 in additional sales tax in CA if they are.

Those should come off before the deal but the $7000 private offer was taxed for me.

 

[EdwinT]

Those should come off before the deal but the $7000 private offer was taxed for me.

Same for me. My sale didn’t even show the subtractions for price protection. They just made it the correct “sale price” Then added tax/etc then subtracted $7000 PCO

 

[Shady]

so has anyone that was promised to get the 5k price protection latter in the form of a check from the dealer/ford gotten it yet ?

 

[metroshot]

Same for me. My sale didn’t even show the subtractions for price protection. They just made it the correct “sale price” Then added tax/etc then subtracted $7000 PCO

Isn't NJ taxes different ?
In CA, the sales tax is added to the MSRP then the PCO & price protections are deducted afterwards as "manufacturer's rebates".

 

[bluestarct]

Isn't NJ taxes different ?
In CA, the sales tax is added to the MSRP then the PCO & price protections are deducted afterwards as "manufacturer's rebates".

That's my concern. The MSRP has gone up by $16,000 plus the shipping by an additional $100 (not taxed in CA though). So at a 7.75% sale tax rate then I am paying an extra $1,240 even with the PCO and price protection.

 

[laselvasurf]

That's my concern. The MSRP has gone up by $16,000 plus the shipping by an additional $100 (not taxed in CA though). So at a 7.75% sale tax rate then I am paying an extra $1,240 even with the PCO and price protection.

Yes, you pay taxes on the listed MSPR in CA, the price protection and private offer are considering manufacture rebates and come off after taxes.

 

[EdwinT]

Isn't NJ taxes different ?
In CA, the sales tax is added to the MSRP then the PCO & price protections are deducted afterwards as "manufacturer's rebates".

Well NJ is tax free on EVs. but the way the dealers are supposed to handle it is, sell you the vehicle for the price you ordered at. So that is what would be taxed and then the PCO comes off of that. My dealer literally wrote the selling price as ~$46,974 (+other) even though my window sticker shows the ~$51,974 (+other) price. Thats how price protection is supposed to work.

so are you telling me in CA if you haggle the price down to $20k for a vehicle that is $40k MSRP…you’ll be taxed on the $40k?!?!?

 

[ExCivilian]

so are you telling me in CA if you haggle the price down to $20k for a vehicle that is $40k MSRP…you’ll be taxed on the $40k?!?!?

No, you'd be taxed on the $20K. If you buy a phone with an MSRP of $799 on contract for $0.00 you'll pay tax on the $799, though. If you take the federal EV rebate off the top (like in a lease) then it'll be taxed. The other incentives being discussed here do come off after sales tax but then the manufacturer rebate itself is taxed.

 

[regentscholar]

so has anyone that was promised to get the 5k price protection latter in the form of a check from the dealer/ford gotten it yet ?

I haven't seen a single example of someone getting this.

 

[anthafied]

It can take up to 90 days to get a check so I'm not surprised that no one has got a check yet. That being said, I'm not too optimistic.

 

[boggle]

There is zero proof or documentation that I have heard or seen of Ford sending a check directly to a buyer for price protection. Every time it's mentioned it's described as an "automatic" process where Ford rebates the dealer the difference in price from order invoice to sticker. The dealer would then need to cut the buyer a check themself completely on the honor system as the buyer has no way to monitor this transaction. It's so intentionally vague it's pretty much guaranteed to screw buyers. I have a delivered truck sitting at the dealer while I await clarity from @Ford Motor Company on this nonsense.

 

[regentscholar]

That's my concern. The MSRP has gone up by $16,000 plus the shipping by an additional $100 (not taxed in CA though). So at a 7.75% sale tax rate then I am paying an extra $1,240 even with the PCO and price protection.

I'm at 9.375% sales tax, so don't feel too bad I'm more worried about not getting the $16k in total PCO + price protection from my Ford dealer.

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