Ufnavy06 Posted June 12, 2021 Share Posted June 12, 2021 My wife and I ordered an Aviator Grand Touring back in March. It's loaded save for the suspension and towing package. MSRP is $82,000. Now the Senate finance committee has proposed an update to the federal EV Tax credit. The $7,500 max rebate based on battery size remains. Two new additions are as follows: 1) +$2500 if assembled in USA (which the Aviator is) 2) +$2500 if assembled in a factory with union representation (unsure if the Chicago plant is) So the Grand Touring could now be eligible for $12,500 federal tax credit. That really makes it a steal. But there's a catch: max MSRP is $80,000 meaning our Aviator would no longer be eligible for the tax credit, at all, if this passes. The luxury package effectively becomes a $16,000 ($12,500 + $3,300) option for us as that's the singular option we could have eliminated to bring us under the $80,000 limit. Talk about a big time bummer. The EV credit was the reason we decided to go ahead and get the Grand Touring. It's a completely different financial consideration if we're not eligible for the tax credit anymore. Quote Link to comment Share on other sites More sharing options...
acrocks Posted June 13, 2021 Share Posted June 13, 2021 This seems like it may only apply if you tKe deliver on jan 1 2022 or later. I don’t understand the text of the bill well, maybe you can see. also does the 80k cutoff includes destination charge? that part seems vague. link to bill here: https://www.finance.senate.gov/imo/media/doc/Clean Energy for America Act - Chairman's Mark.pdf Quote Link to comment Share on other sites More sharing options...
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