Hyundai and Kia did not do any price adjustments….when they lost the credit.
Why is there a list then? It literally states manufacturer, model year, model, trim level, and the amount of the tax credit. It specifically shows 2021 and 2022 model years, but not 2023.
The list is there to be helpful, but just because a car isn’t on the list doesn’t mean it doesn’t qualify as long as it meets the requirements (which the 2023 does). The omission could be on Ford’s part or the IRS’s part, but there’s nothing in the 2022 tax law that would eliminate the 2023 MME from qualifying.
My daughter leased a Kona 2 years ago. She had to travel 2 states away to find a dealer that was passing on the credit. The exact same car was $7500 more at other dealers. I don’t know if the dealers or the leasing companies (or some combination of both) were pocketing the money?
We got the tax credit passed on in our Audi lease. You can be damn sure Ford will pass them on if nobody qualifies any other way. It’s Ford leasing after all.
After digging into the text of both the Inflation Reduction Act and IRS Code 30D (EV tax credit), I believe generaltso is correct.
The VIN decoder just verifies that the vehicle, any vehicle, was manufactured in North America. It won't tell you that the vehicle meets all of the qualifications for the energy tax credit.
I get how everyone feels but it's definitely a car... no towling or off-roading capability whatsoever. So unfortunately there is nothing "suv" about this car unless having a practical trunk is the only category needed to be a crossover. But I still love it even though I cancelled my order for all of the obvious reasons that are currently making people second guess wondering if purchasing the car right now is financially responsible...... thanks ford!
Prior to Mach-E, Ford did in fact pass on the tax credit in leases.
The people that build it call it an SUV.
But even the tax credit is only available for those who qualify which kind of makes it sort of a scam in the first place in my opinion..... you buy an ev that qualifies then you should get the credit no matter what you make or if it's listed as a a car or suv...ITS STILL AN EV so give us the damn credit for going green like you promised
The qualifications for 2022 are quite simple. To qualify for the full tax credit, the car has to have a battery capacity for propulsion of at least 16kWh (reduced tax credit with lower capacity). And after 8/16/22, it also has to be manufactured in North America. That's it.
It's a damn car guys come on and let it go lol. Ford knows that the "crossover suv" is the hottest way to market a vehicle in the U.S. but unless the car does atleast some things that an suv does besides having a practical trunk then it's just a car. So if you really want to know if our beloved maxh e is a "crossover suv" then ask your self these 2 questions lolOf course we can. It’s a forum.
Now, whether we should, and whether the comprehensive list, whenever that comes out, uniformly assigns similar vehicles to the same category is another story altogether.
