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      09-06-2017, 02:06 AM   #177
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Stupid question, but this seems like a reasonably relevant thread: I assume you can only qualify for the Federal $7,500 tax rebate by buying a NEW BEV, correct?
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      09-06-2017, 06:11 AM   #178
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Quote:
Originally Posted by AudiA4 View Post
Stupid question, but this seems like a reasonably relevant thread: I assume you can only qualify for the Federal $7,500 tax rebate by buying a NEW BEV, correct?
Yes.
So someone trying to sell a "used" BEV has an immediate $7,500 disadvantage vs a buyers option to purchase new, correct?
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      09-06-2017, 08:11 AM   #179
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Originally Posted by baldyloxx View Post
So.. just to put things into perspective. To make that car (5-series Touring) 'electric' you would effectively double the price of that car, assuming you wanted the same 'performance' (Horsepower) out of the PowerTrain required to carry such a large vehicle. Added to that, The Batteries required to support that effort would not fit in the same package space, forcing the vehicle to 'grow' somewhere and/or you would lose some of your precious 'luggage space' most likely.. That's just the way it is with current technology.
Nope, simply not true. If engineered correctly, enough batteries would fit in a 5-series. Performance, I don't know what you refer to but yes, I would expect at least performance on par with my 520d but that should be a piece of cake with electric propulsion.
I had a Tesla for 3 years before going back to a 5-series so I do know electric vehicles...
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      09-06-2017, 10:23 AM   #180
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Nope, simply not true. If engineered correctly, enough batteries would fit in a 5-series. Performance, I don't know what you refer to but yes, I would expect at least performance on par with my 520d but that should be a piece of cake with electric propulsion.
I had a Tesla for 3 years before going back to a 5-series so I do know electric vehicles...



Well, I guess that's as good as being a Vehicle Architect for 8 years... lol

In a nutshell, yes you can fit enough batteries in the same 'space', but it wont be a 5-series, and it wont be the same price. Tesla's aren't cheap for a reason.

Last edited by baldyloxx; 09-06-2017 at 10:59 AM..
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      09-06-2017, 10:32 AM   #181
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Originally Posted by AudiA4 View Post
So someone trying to sell a "used" BEV has an immediate $7,500 disadvantage vs a buyers option to purchase new, correct?

A lot of people 'buy EVs' just for a year, if you know what I mean. If you keep the mileage very low, that could be a good investment.
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      09-06-2017, 10:42 AM   #182
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A lot of people 'buy EVs' just for a year, if you know what I mean. If you keep the mileage very low, that could be a good investment.
Right, but who's going to buy your "used" BEV when they can get a new one with a $7,500 tax credit?
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      09-06-2017, 10:50 AM   #183
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Just depends on the price, and whether or not the Dealer discloses the tax incentive. Because all dealers are forthcoming with the details on a 'used' vehicle, right?..

You would be surprised at how many customers that aren't even aware of such incentives. They just want an EV.
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      09-06-2017, 11:00 AM   #184
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...
I had a Tesla for 3 years before going back to a 5-series so I do know electric vehicles...
Curious to know why exactly you did go back to a 5-series..
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      09-06-2017, 05:25 PM   #185
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Quote:
Originally Posted by AudiA4 View Post
Stupid question, but this seems like a reasonably relevant thread: I assume you can only qualify for the Federal $7,500 tax rebate by buying a NEW BEV, correct?
It's not a rebate, it's a one-time (per vehicle) use it all or lose it tax credit for the year in which you purchase the vehicle. If you only have $5,000 in tax liability your maximum credit is $5,000; you left $2,500 on the table.

BEV and REx both qualify for the full $7500 tax credit.

If you lease, it goes to the leasing company, some leasing companies rebate the credit to the person leasing the vehicle.


Quote:
Originally Posted by AudiA4 View Post
So someone trying to sell a "used" BEV has an immediate $7,500 disadvantage vs a buyers option to purchase new, correct?
Someone trying to sell a car immediately after purchasing is always at a disadvantage to buying new, regardless of tax credit or not.

Quote:
Originally Posted by baldyloxx View Post
A lot of people 'buy EVs' just for a year, if you know what I mean. If you keep the mileage very low, that could be a good investment.
Cars are not investments, they all depreciate, EV's currently depreciate more than traditional vehicles.

Quote:
Originally Posted by baldyloxx View Post
Just depends on the price, and whether or not the Dealer discloses the tax incentive. Because all dealers are forthcoming with the details on a used' vehicle, right?..

You would be surprised at how many customers that aren't even aware of such incentives. They just want an EV.
The credit does not go to the dealer, the dealer would be at a disadvantage to not disclose the potential $7500 line item credit on the buyers upcoming 1040.

Used EV's do not qualify for any type of credit, only new, not previously titled EV's.
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      09-06-2017, 06:48 PM   #186
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Originally Posted by Imola.ZHP View Post
..

The credit does not go to the dealer, the dealer would be at a disadvantage to not disclose the potential $7500 line item credit on the buyers upcoming 1040.

Used EV's do not qualify for any type of credit, only new, not previously titled EV's.
I understand how the CREDITS are allocated. But I guarantee a dealer would love to get a good price on a used vehicle if the customer is unaware of the incentives on a new unit..

Most dealers I approach don't even mention the incentives till you (the customer) bring it up.

The point is, there are some customers that are unaware. Or, some that don't want to pay 'new' price all together.. There is a good market for 'like new' EVs

First question they ask "Are you looking to buy New, Used or a Lease" You answer will determine the information they give up front.. It's 'business'.. We trolls here on the forums discussing the ins-n-outs are the minority, believe it or not.
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      09-06-2017, 06:55 PM   #187
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When the incentives first came about people were buying them up, only to let them sit and sell with low miles.. FACT. And people bought these low mileage cars for next to new price.. Easy way to make $1500 even if you only get $39,000 on your $46,000 car with 1,000mi. (investment to some)

This was years ago in 2011.. today, yes, the depreciation is much greater.

Last edited by baldyloxx; 09-06-2017 at 07:01 PM..
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      09-08-2017, 07:04 AM   #188
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The $7500 tax credit finishes when the i3 hits 200,000 units sold in the US.
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      09-15-2017, 08:45 PM   #189
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The $7500 tax credit finishes when the i3 hits 200,000 units sold in the US.
Which will be 20 years from now with current numbers lol....
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      09-17-2017, 12:41 PM   #190
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Not sure if serious... it's based on total sales from a manufacturer. All those 330e and X5 40e sales count towards the total.
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      09-17-2017, 08:03 PM   #191
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Not sure if serious... it's based on total sales from a manufacturer. All those 330e and X5 40e sales count towards the total.
Yea checked it's per model.
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      09-17-2017, 09:25 PM   #192
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No it's not. It is per manufacturer, or else Tesla would release the Model S1 followed by the Model S2 and so on whenever 200k units get sold.

https://www.irs.gov/businesses/plug-...30-and-irc-30d
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      09-17-2017, 11:11 PM   #193
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Quote:
Originally Posted by ///Motivated View Post
No it's not. It is per manufacturer, or else Tesla would release the Model S1 followed by the Model S2 and so on whenever 200k units get sold.

https://www.irs.gov/businesses/plug-...30-and-irc-30d
Well what I was told is per model but whatever no biggie. . However they still don't sell that many so it's still years away.

Plus I think that's for pure electric so the i3 is still the only pure electric they make till the mini and other pure electrics come out. The others (330e) are hybrids and don't think they qualify.

I know teslas close to 200000 cars, they may even hit that at the end of this year, so many model 3 owners Won't be getting their tax credit that many are banking on.
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      09-18-2017, 06:55 AM   #194
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Wrong still. It's anything with a battery of at least 5 kWh; that is for the minimum rebate. The rebate increases by $470 for each extra kWh up to a maximum rebate of $7500. The 330e has around 9 kWh and the x5 has around 11 kWh (going from memory) so BOTH count towards BMWs total of 200k.
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      09-18-2017, 10:00 AM   #195
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Yes, Hybrids qualify as well.. Basically all 'Clean Air Vehicles' vehicles, but two different categories

I hate these stickers because they screw up the paint.. why not have a decal on the license plate?

Whoever thought of this one obviously are not car enthusiasts..
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      09-18-2017, 08:10 PM   #196
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You are talking HOV stickers. The others were talking about Fed tax credits.
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      09-21-2017, 06:58 AM   #197
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Quote:
Originally Posted by baldyloxx View Post
Curious to know why exactly you did go back to a 5-series..
Tesla lease expired. Lack of other electric family haulers. And due to changes in currency conversion rates, a Tesla have increased about 50% in base price here. So at 3 times the base price of a BMW G31, not really in my price range anymore...
And the 5-series is a much better car in total, I just wished it would come with an electric drive instead.
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      10-26-2017, 10:14 PM   #198
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Quote:
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Tesla lease expired. Lack of other electric family haulers. And due to changes in currency conversion rates, a Tesla have increased about 50% in base price here. So at 3 times the base price of a BMW G31, not really in my price range anymore...
And the 5-series is a much better car in total, I just wished it would come with an electric drive instead.

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