shutterbug
Well-known member
I don't think the federal credit requires holding the car for 2 years. The "used EV credit" does require the car to be more than 2 years old.One data point. I put down $1k on Model 3 in 2016 and took delivery in 2019. Well fair to say 400,000 data points as just about all who put money down on day 1 followed through.
I've had co-workers tell me that they will buy the vehicle off me if I don't take it. I can't sell them my reservation but we are trying to figure out how I can buy it and sell it them. A quick sale like that loses the $15k in Federal and OR EV credits as they require holding the vehicle two years. They may want it even if they can't get the credits. Figure, when F150 shows up and I'm into something else, we go to dealer, they write a check, I take title and transfer to them. I guess technically they'd get the $4k "Used EV Credit".
Sponsored