01-05-2015, 10:09 PM | #1 |
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Tax Rebates
![]() Featured on BIMMERPOST.com Can anyone tell me what Federal or CA tax rebates the car qualifies for? |
01-05-2015, 10:53 PM | #2 |
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Drives: i8 Protonic Blue/Pure Impulse/
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Tax affects in CA
Unfortunately, last time I checked there is nothing from CA. The i8 was never fully tested re their existing EV program (emissions basis), therefore not covered. That may have changed more recently. Your dealer should have a communications document detailing all of this, with state contact details.
The federal incentive is a tax credit. It's about $3750 and again is a credit, not a rebate. |
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01-06-2015, 09:27 AM | #3 |
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The IRS Tax Credit for 2014 was $3493. Its formula driven based electric motor output, resulting in the i8 getting a lower tax credit than the i3, Tesla, etc that receive the full $7500.
http://www.irs.gov/Businesses/30D-Ne...-North-America In Texas, we receive a $2500 EV Incentive payment from the state. |
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01-06-2015, 10:17 AM | #4 |
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If you buy you get the Federal rebate. If you lease, the lessor gets the rebate. BMW FS passes the rebate on so that it effectively lowers the acquisition cost.
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Previously: 2014 i8; 2013 650i convertible; 2013 650i Gran Coupe; 2013 X1; 2010 550i GT; 2010 535 GT; 2010 Z4 3.5; 2008 535ixt; 2007 M6 convertible; 2006 650i convertible; 1996 Z3; 1980 633CSi; 1978 630CS; 1972 3.0CS; 1971 Bavaria. (1971; 1979-2005 & 2017 - ? -- the Mercedes years.)
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01-17-2015, 11:51 PM | #6 |
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I was under the impression that was only to replace a really old car?
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01-18-2015, 08:31 AM | #7 | |
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Quote:
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Previously: 2014 i8; 2013 650i convertible; 2013 650i Gran Coupe; 2013 X1; 2010 550i GT; 2010 535 GT; 2010 Z4 3.5; 2008 535ixt; 2007 M6 convertible; 2006 650i convertible; 1996 Z3; 1980 633CSi; 1978 630CS; 1972 3.0CS; 1971 Bavaria. (1971; 1979-2005 & 2017 - ? -- the Mercedes years.)
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