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Discussion Starter · #1 ·
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I had an on line chat with “Katie“ from Nissan this morning to ask if any of the new models listed within the updated website are available to current reservation holders. Specifically I asked if it would be possible to switch my order from Evolve+ FWD to the Egage + e4orce model. Her response was that the new models listed on the updated website should be available to current reservation holders. However, any AWD model will continue to be a somewhat delayed delivery. So I just logged into my reservation portal to edit my order to the Engage+ AWD . Unfortunately the current portal has not been modified or list any of the new configurations yet.
Bottom line: If my information extrapolated today from Katie at Nissan was accurate, I for one will be looking forward to changing my reservation to an Engage + AWD.
Lastly notice that the PREMIER+ model has been replaced with the EMPOWER+ and new exterior color options for different models are available now including “RED”
 

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"Great," Nissan, things are going so "well" so let's complicate things more now... What does this mean with the new pricing as respects the previously accepted "binding" agreements?

And my reservation page isn't working.

Edit: It worked now and gave me this info, so it looks like they are honoring the "reservationist" (is that a word?) pricing:

Your ARIYA
Reservation Details
Starting MSRP $50,190*
Reservationist-OnlySpecial Starting MSRP $48,950*
After $1,240 Reservationist Private Offer* applied.
The $1,240 Reservationist Private Offer can be applied to your purchase of any 2023 Nissan ARIYA. Please discuss the private offer with your Dealer.
 

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View attachment 672 View attachment 673 I had an on line chat with “Katie“ from Nissan this morning to ask if any of the new models listed within the updated website are available to current reservation holders. Specifically I asked if it would be possible to switch my order from Evolve+ FWD to the Egage + e4orce model. Her response was that the new models listed on the updated website should be available to current reservation holders. However, any AWD model will continue to be a somewhat delayed delivery. So I just logged into my reservation portal to edit my order to the Engage+ AWD . Unfortunately the current portal has not been modified or list any of the new configurations yet.
Bottom line: If my information extrapolated today from Katie at Nissan was accurate, I for one will be looking forward to changing my reservation to an Engage + AWD.
Lastly notice that the PREMIER+ model has been replaced with the EMPOWER+ and new exterior color options for different models are available now including “RED”
I was thinking the same thing but then I would lose the potential tax credit.
 

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"Great," Nissan, things are going so "well" so let's complicate things more now... What does this mean with the new pricing as respects the previously accepted "binding" agreements?

And my reservation page isn't working.

Edit: It worked now and gave me this info, so it looks like they are honoring the "reservationist" (is that a word?) pricing:

Your ARIYA
Reservation Details
Starting MSRP $50,190*
Reservationist-OnlySpecial Starting MSRP $48,950*
After $1,240 Reservationist Private Offer* applied.
The $1,240 Reservationist Private Offer can be applied to your purchase of any 2023 Nissan ARIYA. Please discuss the private offer with your Dealer.
They're raising MSRP, but not for those of us with reservations.
 

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Discussion Starter · #8 ·
why do you think you would lose the possible tax credit? there's been no VIN assigned.
Agreed. Also, the document I signed from Nissan to satisfy the recent IRA legislation didn’t specify an exact model that I was committing to….only referenced my reservation number and that I intended to purchase an Ariya that had not been produced yet.
 

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My understanding of the IRA loophole rule is that the year you take delivery won’t matter as long as you signed the binding agreement prior to POTUS signing it into law on August 16, 2022.
Still a lot of unknowns: for example, say you have the binding agreement and do purchase, and take possession of, an Ariya in 2023, what tax year is the credit applicable to? In 2023 the IRS form for the “old” credit will likely be gone, or at least modified to reference the more involved “new” credit(s). Do you file an amended 2022 form to back-claim the credit? I have a feeling that the IRS did not intend this to be open ended beyond 2022 but the wording on the provision is not clear on that.
 

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Discussion Starter · #11 ·
Still a lot of unknowns: for example, say you have the binding agreement and do purchase, and take possession of, an Ariya in 2023, what tax year is the credit applicable to? In 2023 the IRS form for the “old” credit will likely be gone, or at least modified to reference the more involved “new” credit(s). Do you file an amended 2022 form to back-claim the credit? I have a feeling that the IRS did not intend this to be open ended beyond 2022 but the wording on the provision is not clear on that.
I consulted with a tax preparer couple recently who coincidently had ordered a Rivian R1S model that exceeded the allowable 80K ceiling threshold of the IRA. Since it was understood that their vehicle would not be built until 2023 (at the earliest) one of them signed a binding agreement with Rivian (prior to 8/16/22) that was worded similar to Nissans document. Both agreed that they do not intend to take their allowable tax credit deduction until the tax year that they actually take delivery of their Rivian.
Bottom line: I suspect that the IRS is currently working to sort out the IRA mess that congress just handed them. I expect to see IRS interpretation/rules regarding this matter well ahead of filing our taxes for the 2022 calendar year.
 

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I consulted with a tax preparer couple recently who coincidently had ordered a Rivian R1S model that exceeded the allowable 80K ceiling threshold of the IRA. Since it was understood that their vehicle would not be built until 2023 (at the earliest) one of them signed a binding agreement with Rivian (prior to 8/16/22) that was worded similar to Nissans document. Both agreed that they do not intend to take their allowable tax credit deduction until the tax year that they actually take delivery of their Rivian.
Bottom line: I suspect that the IRS is currently working to sort out the IRA mess that congress just handed them. I expect to see IRS interpretation/rules regarding this matter well ahead of filing our taxes for the 2022 calendar year.
so if we're going by the previous $7500 credit, the income limits also aren't in play right? $150k single, $300k married.
 

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Discussion Starter · #14 ·
so if we're going by the previous $7500 credit, the income limits also aren't in play right? $150k single, $300k married.
That’s my interpretation as well. i e Ariya reservation holders fortunate enough to sign Nissans’ commitment agreement prior to 8/16/22 are essentially grandfathered per the “old EV tax credit rules”.
 

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I consulted with a tax preparer couple recently who coincidently had ordered a Rivian R1S model that exceeded the allowable 80K ceiling threshold of the IRA. Since it was understood that their vehicle would not be built until 2023 (at the earliest) one of them signed a binding agreement with Rivian (prior to 8/16/22) that was worded similar to Nissans document. Both agreed that they do not intend to take their allowable tax credit deduction until the tax year that they actually take delivery of their Rivian.
Bottom line: I suspect that the IRS is currently working to sort out the IRA mess that congress just handed them. I expect to see IRS interpretation/rules regarding this matter well ahead of filing our taxes for the 2022 calendar year.
Which doesn’t make sense because transition rule says when you take delivery it is as if you placed it into service pre-8/16. How do you place a car into service on 8/15/2022 and claim a tax credit for it in 2024?

I think amending 2022 tax returns will be the method to getting the $7500 tax credit.
 

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Discussion Starter · #16 ·
Which doesn’t make sense because transition rule says when you take delivery it is as if you placed it into service pre-8/16. How do you place a car into service on 8/15/2022 and claim a tax credit for it in 2024?

I think amending 2022 tax returns will be the method to getting the $7500 tax credit.
Seems obvious to me that the IRS has significant work to do in order to define some specific guidelines regarding this matter.
 

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I consulted with a tax preparer couple recently who coincidently had ordered a Rivian R1S model that exceeded the allowable 80K ceiling threshold of the IRA. Since it was understood that their vehicle would not be built until 2023 (at the earliest) one of them signed a binding agreement with Rivian (prior to 8/16/22) that was worded similar to Nissans document. Both agreed that they do not intend to take their allowable tax credit deduction until the tax year that they actually take delivery of their Rivian.
Bottom line: I suspect that the IRS is currently working to sort out the IRA mess that congress just handed them. I expect to see IRS interpretation/rules regarding this matter well ahead of filing our taxes for the 2022 calendar year.
The Rivian contract also stipulated that a portion of their deposit would be non-refundable. Nissan's agreement doesn't have anything like that.
 

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Discussion Starter · #19 ·
The other issue for the old tax credit is the 200,000 vehicle cap.
Here‘s a scenario to put your mind at ease regarding if the 200k vehicle sales cap could issue could even come into play:
All the data that I read indicates that Nissan was somewhere around 15,000 shy of hitting the 200k ceiling for total Leaf sales when the new legislation took effect mid August. Since the Leaf now qualifies under the new tax credit guidelines, (built in the USA) all Leaf sales August 17 forward will no longer count against Nissans old cap. That said, most data also suggests that Nissan closed the Ariya reservation process down in the USA just shy of 10,000 reservations. So it would be impossible for current Ariya USA reservation holders that have signed agreements with Nissan prior to 8/16/22 to ever exceed the old cap guideline rule.
 

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Discussion Starter · #20 ·
Which doesn’t make sense because transition rule says when you take delivery it is as if you placed it into service pre-8/16. How do you place a car into service on 8/15/2022 and claim a tax credit for it in 2024?

I think amending 2022 tax returns will be the method to getting the $7500 tax credit.
Agreed. No potential for a penalty if we purchase an Ariya in 2023. The worst the IRS could do is decline our amended
2022 returns.
 
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