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If it's in the fine print, it's true, but I've never heard before that is in the fine print. You should post the fine print and the source.

I think other countries have requirements related to the MSRP or the lowest trim level.
 

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I know that was discussed in a bill to extend / expand the credits but not in the current version. Here's the text from the IRS site. No mention of car prices in there. Considering that many of the EV's go well above $42,000 (Tesla Model S for example), no way this can be true.

It passed the Senate as a nonbinding resolution but the new EV bill did not pass the House.

Read here: US Senate puts $40,000 cap on price of electric cars that qualify for EV tax credit ahead of reform
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IRS snip ***

Internal Revenue Code Section 30D provides a credit for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and light trucks.

For vehicles acquired after December 31, 2009, the credit is equal to $2,500 plus, for a vehicle which draws propulsion energy from a battery with at least 5 kilowatt hours of capacity, $417, plus an additional $417 for each kilowatt hour of battery capacity in excess of 5 kilowatt hours. The total amount of the credit allowed for a vehicle is limited to $7,500.

The credit begins to phase out for a manufacturer’s vehicles when at least 200,000 qualifying vehicles have been sold for use in the United States (determined on a cumulative basis for sales after December 31, 2009). For additional information see Notice 2009-89.

Section 30D originally was enacted in the Energy Improvement and Extension Act of 2008. The American Recovery and Reinvestment Act of 2009 amended section 30D effective for vehicles acquired after December 31, 2009. Section 30D was also modified by the American Taxpayer Relief Act (ATRA) 2013 for certain 2 or 3 wheeled vehicles acquired after December 31, 2011 and before January 1, 2014.

The vehicles must be acquired for use or lease and not for resale. Additionally, the original use of the vehicle must commence with the taxpayer and the vehicle must be used predominantly in the United States. For purposes of the 30D credit, a vehicle is not considered acquired prior to the time when title to the vehicle passes to the taxpayer under state law.

Notice 2009-89 applies to vehicles acquired subsequent to December 31, 2009 and provides procedures that a vehicle manufacturer may use if it chooses to certify that a vehicle meets certain requirements that must be satisfied to claim the Qualified Plug-in Electric Drive Motor Vehicle Credit and the amount of the credit allowable with respect to that vehicle

Credit Amounts for Qualified Vehicles Acquired After December 31, 2009

Qualified Plug-In Electric Drive Motor Vehicle Credit (IRC 30D) Phase Out
The qualified plug-in electric drive motor vehicle credit phases out for a manufacturer’s vehicles over the one-year period beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States (determined on a cumulative basis for sales after December 31, 2009) (“phase-out period”). Qualifying vehicles manufactured by that manufacturer are eligible for 50 percent of the credit if acquired in the first two quarters of the phase-out period and 25 percent of the credit if acquired in the third or fourth quarter of the phase-out period. Vehicles manufactured by that manufacturer are not eligible for a credit if acquired after the phase-out period.

Quarterly Sales by Manufacturer

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Discussion Starter · #5 ·
Thanks for the great insight and response. I believe now I was reviewing the NYS rebate… so instead of the $2k, it’s $500 for the bz4x?
 

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Discussion Starter · #7 · (Edited)
BZ4X base MSRP is exactly 42k so it does get full amount for all trims. I emailed NYSERDA and they confirmed. Oh and it's now in the list.
View attachment 786
Wow thank you so much, j1772x2. It wasn’t on the list yesterday when I checked.

just out of curiosity, I wonder if the soalterra would make the NYSERDA list? Probably not since the MSRP is over $42k.

I ask because if the bz4x runs out of federal tax credits before my order comes in, I might be forced to look into the soalterra.
 

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It's worse in the UK. The government scrapped the £1500 EV grant a couple of days ago. This won't affect BZ4X customers, though, since the grant only applied for cars less than £32K.
 
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