November 3rd 2021 Revised Tax incentives for EVs from House of Reps.

ChasingCoral

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Only thing I am worried about is the classification of the MachE as a station wagon as oppose to an SUV
Since there is no listing of station wagon in the bill, you should have no issue listing it as an SUV. There are no real station wagons anymore, they are all SUVs or CUVs these days.
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MachE1977

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Since there is no listing of station wagon in the bill, you should have no issue listing it as an SUV. There are no real station wagons anymore, they are all SUVs or CUVs these days.
It falls under Sedans according to the EPA
 

RickMachE

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kennethjk

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Well lets hope they go by the NHTSA then
The way the house version is currently written is the IRS follows similar to EPA and Dept of Energy guidelines

hopefully Ford lobbyists are hard at work to get car changed to SUV status

of course who knows what will happen in reconciliation between house and senate version
 

RickMachE

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Ford Mustang Mach-E November 3rd 2021 Revised Tax incentives for EVs from House of Reps. Screenshot_20211119-174654_Chrom
 

Billyk24

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There can also be a legal challenge if afinalized bill states union plant produced bev get a larger tax credit.
 

Turbanator

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I think it's fair to also consider that if, by some chance, there were a hard $55k limit on the MME, Ford would make it such that a fully loaded Premium MME4X would come out to just under $55k by dropping the price $2k or so. Hard to say what would happen to the GT, but then there's also the question of whether special or performance versions of EVs should be subsidized at all.
 
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kennethjk

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Instead of creating a new thread I thought I would tack this on.

it looks like the senate version I read today is close to matching house version as it relates to EV vehicles. Income limits and MSRP limits.

not looking good for MME premium and GT versions

I sure hope ford can get car changed to SUV from station wagon. Otherwise many of us are screwed next year And won’t get credit, of course if this passes.
 

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Instead of creating a new thread I thought I would tack this on.

it looks like the senate version I read today is close to matching house version as it relates to EV vehicles. Income limits and MSRP limits.

not looking good for MME premium and GT versions

I sure hope ford can get car changed to SUV from station wagon. Otherwise many of us are screwed next year And won’t get credit, of course if this passes.
2021 models purchased in 2021 will be covered by the previous law, which means $7,500 non refundable credit non carry forward credit, correct? The new law will not be retro for 2021 tax year.
 

kennethjk

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2021 models purchased in 2021 will be covered by the previous law, which means $7,500 non refundable credit non carry forward credit, correct? The new law will not be retro for 2021 tax year.
cars purchased in 21 and delivered in 21 will be subject to laws in effect now, many 21’s unfortunately will be delivered in 2022 and they will be subject to new rules if they are passed.
 

blazinazn

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Instead of creating a new thread I thought I would tack this on.

it looks like the senate version I read today is close to matching house version as it relates to EV vehicles. Income limits and MSRP limits.

not looking good for MME premium and GT versions

I sure hope ford can get car changed to SUV from station wagon. Otherwise many of us are screwed next year And won’t get credit, of course if this passes.
The current bill has “Sedans” and then Trucks, SUVs, and Vans right? I can’t imagine the Mach E falls under a sedan
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