Quote:
Originally Posted by mu2002cs
Per IRS website - 6/25/2014
30D. New Qualified Plug-in Electric Drive Motor Vehicles – BMW of North America
Tax Credit Amount
2014 BMW i3 Sedan with Ranger Extender $7,500
2014 BMW i3 Sedan $7,500
2014 BMW i8 $3,793
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Hmm, I guess that lines up with the battery size of around 8.1kW. You get 2,500 for the first 5kW, then $417 for each kW over 5, up to $7500. I was hoping for more, but I'll take what I can get. I wish that bill that would have made it a point of purchase rebate instead of a tax credit had gone through.