ChasingCoral
Well-Known Member
- First Name
- Mark
- Joined
- Feb 3, 2020
- Threads
- 380
- Messages
- 12,440
- Reaction score
- 24,611
- Location
- Maryland
- Vehicles
- GB E4X FE, Leaf, Tacoma, F-150 Lightning ordered
- Occupation
- Retired oceanographer
I think we've pretty well established that all MY2021 MMEs will be eligible for the full tax credit. There are entire threads on this topic.Once a manufacturer hits the 200,000 sales mark for qualifying vehicles the $7,500 tax credit is phased out, it does not end immediately. During the second calendar quarter after the quarter in which the 200K mark is reached the tax credit drops by 50% (to $3750 for the MME). 6 months later it drops to 25% ($1875).
Short version: 1 year after the 200K mark before the tax credit completely vanishes.
My gut feeling (and that might be the Portuguese Sausage I had with breakfast doing the talking), is that everyone who buys an MME in the 2021 model year is golden for tax credits. I've been known to be wrong though.
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