benk016
Well-Known Member
- First Name
- Ben
- Joined
- Nov 12, 2020
- Threads
- 37
- Messages
- 3,019
- Reaction score
- 4,683
- Location
- Tulsa, Oklahoma
- Vehicles
- 2021 Mustang Mach-E GT
If the law stays the same then, all Mach Es sold next year will likely get the full tax credit. However, the democratic congress is planning on making lots of tax changes and many of them focus on reducing/eliminating tax credits for those making a decent amount of money, so there’s a chance that the tax credit will be phased out or eliminated next year for those making over a certain threshold.
I think, if anything, this tax credit will get expanded. I actually wouldn't be surprised if they updated it to make Tesla qualify again. or make it so you can get the rebate at purchase instead of waiting to file.
Again this is just my opinion, but I really don't see this administration taking away tax credits for electric.
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