Not at all, so long as my chosen dealer honors MSRP without add-ons (which I have in writing).
Then why even have a tax credit at all? The whole purpose is to make it easier for people to afford the car. I used it on my 2018 Leaf and I planned to on the Ariya.Tying a car purchase to a tax strategy is not the best way to look at either transaction. A lot depends on each persons financial situation. Try to think a little clearer.
Obviously it's going to be different for everyone. For me it's simply a question of whether or not the Ariya is still a good deal and worth the risk with a 14% price increase. And personally I don't think it is. Since I don't immediately need it (I already have an XC40 - the Ariya would be for my wife), I'm inclined to wait and see if the new tax bill cools the market. There may be discounts in the not-too-distant future if EVs start languishing on dealer lots.Tying a car purchase to a tax strategy is not the best way to look at either transaction. A lot depends on each persons financial situation. Try to think a little clearer.
Having a "tax credit" is a government tax policy issue. They are designed for many political and economic reasons. Many of the reasons are not connected to a vast cross section of the population. Just because the "tax credit" says $7.500 it does not mean you will actually receive that amount! If you only have a tax amount due equal or grater than $7,500 will you receive that value. If your tax burden is only $6,200 or $7,100 then that is all you are entitled to claim. With the standard deduction being $26,450 for a couple filing jointly having a tax burden above $7,500 should put you in a financial situation that buying a $50,000 car is not an issue.Then why even have a tax credit at all? The whole purpose is to make it easier for people to afford the car. I used it on my 2018 Leaf and I planned to on the Ariya.
I echo your sentiments 100%. The Ride and Drive convinced me that it was "above the bar" for consideration, but without the $7500 credit, I would no longer consider it a "bargain". Plus, it's clear that the new EV tax credit requirements are written in a way to give specific manufacturers an advantage, when it should have been written to give specific buyers (i.e., those considering buying EV's) an advantage.Obviously it's going to be different for everyone. For me it's simply a question of whether or not the Ariya is still a good deal and worth the risk with a 14% price increase. And personally I don't think it is. Since I don't immediately need it (I already have an XC40 - the Ariya would be for my wife), I'm inclined to wait and see if the new tax bill cools the market. There may be discounts in the not-too-distant future if EVs start languishing on dealer lots.
The new proposal takes the $7500 off the price up front. It is not a Federal tax credit as it is currently.Having a "tax credit" is a government tax policy issue. They are designed for many political and economic reasons. Many of the reasons are not connected to a vast cross section of the population. Just because the "tax credit" says $7.500 it does not mean you will actually receive that amount! If you only have a tax amount due equal or grater than $7,500 will you receive that value. If your tax burden is only $6,200 or $7,100 then that is all you are entitled to claim. With the standard deduction being $26,450 for a couple filing jointly having a tax burden above $7,500 should put you in a financial situation that buying a $50,000 car is not an issue.
Exactly right!I will NOT purchase the Ariya if it is not eligible for the $7500 tax credit. I reserved my Platinum+ in Nov '21 so this will be a huge punch to the gut. Its pretty ridiculous that a bill designed to inspire EV sales & technology would penalize customers who were most excited to embrace EV's.
Curious what car makers you think will be helped by the new EV tax credits and who won't be.I echo your sentiments 100%. The Ride and Drive convinced me that it was "above the bar" for consideration, but without the $7500 credit, I would no longer consider it a "bargain". Plus, it's clear that the new EV tax credit requirements are written in a way to give specific manufacturers an advantage, when it should have been written to give specific buyers (i.e., those considering buying EV's) an advantage.
This surprising new/unexpected misdirection that is baked into the Inflation Reduction Act is leaving me with a very sour taste. I have phone calls into several local Nissan dealers right now in the PDX area, and whoever is the first to tell me that they'll sign a Vehicle Buyers Order at MSRP will get my pre-order. At least that documentation will give me a chance of getting the $7500, and I'll let the courts decide if a VIN-less VBS signed and dated with all tax/fees listed constitutes valid tax documentation for the EV tax credit.
Now we know why they hired 78K new IRS agents. That's how many it's going to take to deal with this $7500 rebate mess that the Inflation Reduction Act has now caused. It's almost like they don't want people to buy EV's, which is fine by me - I can wait until battery tech improves.
Negative, but I might wait for an e-4orce Evolve+ instead of my reserved FWD Evolve+Does losing the tax credit change your plans?
Depends on the trim. If I remember right, the lowest trim comes with 120V cord. The others come with 120/240V.I heard only 110 cord comes with Ariya??? anybody know?
It would be nice to know I already spent $350 for level 2 (240v) chrging station at home I would guess many others also. Most people want to be ready to go when they get their vehicle, once again this info: could save people $$ they should give info: thanks What is considered lowest trim??Depends on the trim. If I remember right, the lowest trim comes with 120V cord. The others come with 120/240V.