Wise outlook IMO.
When do the G580e’s go on clearance?? 
1 Like
Hoping you are correct.
I am experiencing the FOMO $7500 tax credit.
1 Like
GM has already stated that the tariffs has cost it one or two millions, I don’t think they can dig deeper for discounts, unless the sales volume shoots up. So I predict discounts to be slightly more than current, but not $7500 and up.
2 Likes
Let’s remember this isn’t the first time we expected changes. I leased my current Wrangler 4xe when the last legislation was about to happen assuming that we’d be dealing with battery percentages and income phaseouts. Ended up overpaying a bit but it was the exact spec and color I wanted and I’ve dutifully paid $500 a month to CCAP since then. But the incentives tailed off last time. Of course 45W meant the party wasn’t over and more EVs and PHEVs made their way in and our of my driveway.
This time is different in that the credit is totally DOA and I think you’ll have a game of chicken with certain dealers until 9/30 . They don’t want a lot anchor to carry on their floor plan that’s probably already been there too long. One way or another there’s always a need to move the metal, and dealers and manufacturers or both eventually blink.
1 Like
The average consumer is incredibly chicken and dealers have been perfecting their manipulation tactics for decades. I’d bet a lot of consumers panic purchase prior to 9/30, and it won’t be as bad for the dealers as it is now
1 Like
Unless OEMs cut supply, demand will not be greater than supply in the next few months.
And why would they? OEMs want their captives to capture as much of 45w as possible before it expires.
1 Like
This. OEMs with huge investments in US EV assembly and supply chains, like Hyundai and their Metaplant, will continue churning out (and subsidizing) EVs, hoping their investments will create competitive advantages that eventually make for a profitable EV business. It’s hard for them to reverse course, and who knows what lies ahead long-term.
Others will cut production, betting on the BBB to kill CA’s emissions waiver and the regulatory mandate to produce compliance EVs. Those who build EVs on ICE platforms and production lines (Ford F-150 Lightning, etc.) will have an easier time pivoting with less impact to factories.
I still think OEMs will do everything they can to clear out unpopular EV and PHEV inventory before 9/30, while simultaneously cutting production to the extent possible. If they can avoid further subsidizing leases post-9/30, they will. See Mercedes and EQ production stoppage as an example.
EV-only companies like Tesla, Lucid, and Rivian will have no choice but to keep innovating. Global automakers will keep investing in EVs to stay competitive, and offer cars like BMW Neue Klasse and Honda 0 Series to the US market to show technological leadership, but probably at low volume with weak projected demand due to high prices in the short-term.
4 Likes
Is the rebate going away for sure or is there a still time to extend the deadline? Genuine question.
1 Like
If you can you use up allotted miles now, I would return and lease early.
Unless they pass another law reinstating it, the current program ends 9/30/2025. Consider it 
3 Likes
I am in Florida and I have a lease for a BMW IX that is terminating in October. I am currently on the hook for the final payments due in August and September. I do love the vehicle but I also have a Lyric that I leased last October. I am looking to downsize to an I4 M50 or I4 Gran Coupe.
With the leasing tax incentives expiring at the end of September, would you pull the trigger now, or will the dealer portion of the incentives increase in the coming months as they try to dump the inventory?
Appreciate your thoughts.
Mike
@michael @littleviolette can we please get this pinned?
Wondering if the title should also be edited to add “start at first post” or similar?
Not really advice but figure I can share my situation here and might be helpful to people -
I had an 18-month Ariya lease on the cheap that had 3 payments left (+disposition fee). Tires were good but a bit close to the cutoff for replacement, no other damages.
I decided the cost was low enough that if I could find a solid 24+ month EV lease, it would be worth it for peace of mind both on avoiding excess use fees and avoiding stress/unknowns with what leasing looks like come October. It essentially was an extra ~$40-50/month on a new lease effective cost.
Also, I made sure to avoid insurance overlap and tried to minimize fees up front with the new vehicle (opted not to use a broker or ship the car, despite some good options I explored). This helped spread out costs and make the decision a bit easier.
Side note: Thinking about insurance led me to requote and found some nice savings on both home and auto - bonus!
2 Likes
Great question – more broadly: even if a new law reinstating the $7500 credit isn’t passed, it’s not inconceivable that new incentives will be passed after mid-term elections in the US.
1 Like
It’s pretty darn close to inconceivable (Princess Bride!) as long as Trump is in office to veto anything remotely Green.
6 Likes
Well, who knows what Elon might offer him.
1 Like
5 Likes
Hello experts! Does anyone want to make an educated guess or share any actual knowledge about what might happen in August or September when the EV credits go away? Should I wait and see what happens or try to make a deal now? I’m mainly looking at the Ford F150 Lightning, but open to others.
Thanks in advance.
No one knows.
If you see a deal you like now, go for it.
3 Likes
No idea but hope to see more brokers here advertising Ford Lightning deals next month. And hoping for even better incentives. I have only seen one broker that does Ford Lightning deals. Which is strange because this vehicle is supposed to be highly hackable.
1 Like