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expiredMalaibazaar posted Jan 05, 2025 04:50 PM
Item 1 of 3
Item 1 of 3
expiredMalaibazaar posted Jan 05, 2025 04:50 PM
24-Month Lease on 2024 VW ID.4 RWD Electric Vehicle
$999 down + $149 per month
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one of the worst cars i've ever owned, technology is very poorly designed and frustrating, countless recalls and range is mediocre at best.
there are many more comparable options when it comes to EV. Chevy Equinox being one that is also very well priced.
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When I buy a car I contact the online sales and tell them they can offer me with the price that I want. I do that.with all the dealerships and pick the best price for me. No haggling in the dealership for hours. You go in sign the papers and leave.
Get a dealership mechanic to disconnect the battery and figure how to place the vehicle in Neutral to push it out of the way in case it gets disabled due to engine or loss of power source. With keys and transmission shifters often being replaced by buttons, this is vital knowledge. That way you're not the A-hole blocking a lane of traffic because your modern vehicle can't be pushed out of the way. Not to mention it would be safer for you and others around you.
The second test is to roll down the windows, get inside the vehicle, lock the doors then disconnect the battery. Now try opening the doors (both front and rear) from the inside only. No, you can't reach the outside door handles as we are pretending the windows are up.
The reason I state the above is that with more automation, relays, etc., without power you may have more steps to mechanically do any of the above. You want to ensure you can extract yourself and your passengers in the event of an accident or mechanical failure.
Recent example:
https://www.cbc.ca/news/canada/to...-1.7361751
This is flat out false. And has been corrected multiple times already.
The point of sale $7500 tax credit doesn't care about your liability.
The IRS will not as for the money back if when you file it turned out you had no tax liability at all.
Here- once again- is the IRS correcting you on this.
https://www.irs.gov/newsroom/topi...les-credit
Never heard of Lucid? Or Porsche?
Even some trims of the Ford/Hyundai/etc EVs are more expensive than some of the cheaper Tesla models.
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The point of sale $7500 tax credit doesn't care about your liability.
The IRS will not as for the money back if when you file it turned out you had no tax liability at all.
Again- flat out untrue. Low income people would absolutely qualify and pay 37.5k for the cheapest Y (less if their state also has EV credits)... or 35k for the cheapest Model 3.
During the purchase process you will sign a thing saying you're assigning your $7500 tax credit to the dealer, and the dealer will take $7500 off the remaining amount owed for the vehicle as if you had given then $7500 more of a downpayments on it.
That's it as far as getting the credit.
Then when you file your taxes next year you'll fill out one extra form-- but the fact you're low income won't matter in terms of you got the full $7500 credit and don't owe any of it back no matter how low your tax liability is--- as called out in the IRS link I provided earlier.
The only real personal tax situation that prevents someone from getting the full $7500 credit at point of sale on a qualifying new EV is if their income is too high.
(150k single, 300k married filing jointly, being the cap-- one cent above that and you get $0-- one cent below and you get all $7500)
That's it as far as getting the credit.
Then when you file your taxes next year you'll fill out one extra form-- but the fact you're low income won't matter in terms of you got the full $7500 credit and don't owe any of it back no matter how low your tax liability is--- as called out in the IRS link I provided earlier.
The only real personal tax situation that prevents someone from getting the full $7500 credit at point of sale on a qualifying new EV is if their income is too high.
(150k single, 300k married filing jointly, being the cap-- one cent above that and you get $0-- one cent below and you get all $7500)
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