Lower price VS Tax Credit

[changelives]

Hi,

Since I bought my car new in 2022, I got the $7,500 tax credit, Since that credit is no longer available for Mach-e's (https://fueleconomy.gov/feg/tax2023.shtml)
the real net cost drop for the new cars is at most $600 ($8,100 max price reduction vs $7,500 Tax Credit reduction).

Am I missing something?

Thanks

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[Bburrey]

Hi,

Since I bought my car new in 2022, I got the $7,500 tax credit, Since that credit is no longer available for Mach-e's (https://fueleconomy.gov/feg/tax2023.shtml)
the real net cost drop for the new cars is at most $600 ($8,100 max price reduction vs $7,500 Tax Credit reduction).

Am I missing something?

Thanks

I agree. In Colorado we received a 2,500 credit also so I'm still ahead until the next cut.

 

[goodguy]

yep. Ford had no choice to drop MSRP significantly. mostly a shell game. drop in demand has created some additional rebates, though.

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