Monkey
Well-known member
- Joined
- Dec 9, 2022
- Threads
- 3
- Messages
- 551
- Reaction score
- 555
- Location
- Somewhere in the mountains
- Vehicles
- '23 Lightning, Tesla Model Y, and more...
- Occupation
- Semi-retired electrical/computer/software engineer
I believe the new 2023 tax code changes, specifically the changes regarding EV incentives, are supposed to be readdressed or finalized in February. All the manufacturers want the $80K price cap lifted since inflation has driven all car prices upwards. I don't expect it to change though. I think most of the ongoing discussion is centered around materials sourcing, primarily for batteries. As it's currently written, I believe GM won't even be able to qualify for another couple years. So I'm expecting them to phase this requirement in over time.Ford can't rewrite the code - although final regulations from the IRS are not yet out (as far as I know) - and I don't know if there is any room in interpretation of what constitutes the vehicle price. But I am doubtful on that front.
2023 price hike along with eliminated features is what drove me to buy a dealer mannequin recently. I still have my 2023 on order and not sure what to do there just yet as I'm still trying to get that mannequin in my driveway. But the no tax credit as it currently stands along with everything else almost made me walk from ordering a 2023 when I was first invited.
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