RickMachE

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voxel

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https://home.treasury.gov/news/press-releases/jy1245

"Customers who have purchased and placed in service vehicles since January 1, 2023, that qualify under the EPA Fuel Economy Labeling classification standard announced today and who satisfy the other clean vehicle tax credit requirements can claim the credit, including customers with vehicles that did not qualify under the prior EPA CAFE standard."

Win?
 

Logal727

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https://home.treasury.gov/news/press-releases/jy1245

"Customers who have purchased and placed in service vehicles since January 1, 2023, that qualify under the EPA Fuel Economy Labeling classification standard announced today and who satisfy the other clean vehicle tax credit requirements can claim the credit, including customers with vehicles that did not qualify under the prior EPA CAFE standard."

Win?
I don't understand what it's saying?
 

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JRB100

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yngwenli

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Beat me to it. Not too surprising, but all the people complaining about ER range not qualifying, knock yourself out and get an ER MME now! :)

Text:
https://home.treasury.gov/news/press-releases/jy1245

"To make it easier for consumers to know which vehicles qualify under the applicable MSRP cap, Treasury is updating the vehicle classification standard to use the consumer-facing EPA Fuel Economy Labeling standard, rather than the EPA CAFE standard. This change will allow crossover vehicles that share similar features to be treated consistently. It will also align vehicle classifications under the clean vehicle credit with the classification displayed on the vehicle label and on the consumer-facing website FuelEconomy.gov."


Glad this was done since as I've stated before, everything about these cars were advertised as SUVs to the consumer (Tesla included of course). We knew all the car makers were lobbying for this (Ford, GM, Tesla, etc).

Will prices suddenly go back up now? Especially Teslas?
 

JRB100

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generaltso

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Definite win for 2023 purchases...

Follow this link in the article and click "Ford" to see the change for the Mach E as $80,000:

https://www.irs.gov/credits-deducti...ied-clean-vehicles-purchased-in-2023-or-after
Yup, looks like a win. Though Tesla probably wouldn't have dropped their prices if it was like this from the beginning, which means Ford probably wouldn't have either. I wonder if we'll see prices change in the other direction.
 
 




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