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The purchaser factors the tax credit in, so the removal of the credit will have the same effect as an increase in price. The salesman will _definitely_ make th
by jpollock 8y ago
The purchaser factors the tax credit in, so the removal of the credit will have the same effect as an increase in price.
The salesman will _definitely_ make the purchaser aware of the credit, in the same way that a mortgage broker makes you aware of the tax benefit on mortgage interest (in the US).
That doesn't make them dishonest.
- FireBeyond 8y agoThey also tried to include "cost of gas savings" in some of their "line item" website pricing.
- waisbrot 8y agoTCO seems like an entirely reasonable figure to advertise. It's a hard number to trust, but I'm not sure how that gets fixed except by trying to regulate advertisement in general.
- FireBeyond 8y agoI think putting a number of "$x" on a page, and only when you click into the details, seeing "Estimated fuel cost savings: $y" as one of the line items there is totally misleading. TCO is a reasonable figure to discuss, especially when changing paradigms. It's not, however, reasonable, to include in a line item for vehicle cost that is not in any possible practical way to attain (at least the fed credits are more concrete) - imagine you go into a Tesla dealership and it says "$35,000" and you say "Sold!", and they reply "Great, that'll be $38,000". "But...?" "Oh, that price was only to give you a TCO after you factor in three years of gas you're not buying now! It's not an actual discount or credit".
- rconti 8y agoI, too, found this really odd. I was a reservation holder for the 3, and none of that garbage 'accounting' showed up when logged in. It was only when going to the PR-ified website for non-account-holders that I found the gas savings priced in. Strange. I don't disagree it's a relevant factor, but it's a bit disingenuous to list it like part of the MSRP.
- gamblor956 8y agoMortgage brokers also don't include the mortgage interest deduction when marketing mortgage rates or mortgage products, so it's not comparable.