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Probably not the full credit, unless you have a spot in line already. The phase out starts during the quarter when the company hits 200,000 total deliveries.
by mcot2 8y ago
Probably not the full credit, unless you have a spot in line already. The phase out starts during the quarter when the company hits 200,000 total deliveries. If we assume this is going to be July 1st, then the $7,500 credit is good for Q3 and Q4. This takes us to December 31st.
At this point, the credit is reduced to $3,750 for 6 months and then to $1,875 for 6 months.
Using a lot of speculation and extrapolation, I would estimate that if someone placed an order now and wanted a standard model they would still probably be able to hit either the $3,750 or $1,875 credits.
- greglindahl 8y agoIt's worth noting that the sense of a lot of media is that Congress is going to remove the cap before GM hits it, which is not so different from when Tesla is going to hit it. And before you think it's a partisan thing, there is significant quiet Republican support for the credit.
- mcot2 8y agoYes, I think it is because it will be kind of weird when U.S. automakers GM and Tesla hit the cap first and they are at a “disadvantage” as compared to the European and Asian automakers.