good lord this whole thing seems like a mess.
Note that the 5% is listed as a generalization and ultimately it comes down to state law, per the irs.
Your reading of these lines is a hopeful interpretation. Most likely the 5% qualifier is going back on both the non refundable deposit and on the down payment.
This is the more logically sound reading as well as a more grammatically correct. If the 5% is attached to the down payment- making the â5% down paymentâ a separate item from the non-refundable deposit it would have another âaâ before it.
As in
âaâ non-refundable deposit or âaâ down payment of 5%
Does it matter if the vehicle is delivered in 2023 or 2024 as whether the $7500 is a pos rebate or tax credit? Or will an order under the transition rule be a tax credit no matter when delivered?
$7500 is always a tax credit so even when POS rebate is possible for new rule youâll still have to meet the income requirements and may find it charged back on your taxes. But since our Fiskers are under the old rule Iâd imagine thereâs no POS option and no income to worry about.
Does not appear to be a limit on the delivery time so if as expected it takes time to ramp up production and it goes to 24 you should still get the opportunity.
Personally with a number of cars expected to drop in 23 that Iâve ordered Iâll probably prefer deferring some to 24 if possible.
I believe this is set to change with the new credit in 2023 being refundable.
I would imagine that since the fisker would be under the terms of the old credit via the transition rule that the pos option wouldnt apply.
1 Like
No income requirements on a fisker since it would qualify under the transition rule which uses the old rules.
I havenât heard this - has this been confirmed? Awesome if true - Wife & I planned to get 2 next year, but wouldnât have 15K liability
If you want the $7500, that only applies if you have a binding contract before 8/16/2022, which Fisker was doing.
Any other deliveries 1/1/2023 will be the new rules which really is $3750 + ??? right now. (And you get the right priced one)
No credit for post 8/16 if theyâre built outside North America. Oceans will be ineligible. Pears in 24 will be
1 Like
I was just talking the EV credit in general - we were hoping to get 1 Ocean and something else
so nothing for the OceanâŚhopefully your other is a âpearâ
Fisker may shift production to North America. Theyâre using Magna as a build partner and Magna operates several factories in North America already (not sure if any do complete assembly).
I also wonder if they could do minimal âfinal assemblyâ at an existing North American Magna facility to qualify. The battery requirements to get the 2nd $3750 are going to be a mess.
1 Like
Just in case anyone wants to see some pics/vid from Pebble Beach
4 Likes
Guess we should have gone for the $5k One reservationâŚ
Clueless clientele at that auction is all I can say. 5,000 units is not really rare.
1 Like
Thatâs being generous. Itâs not rare at all.
Pump this thread up, anyone buying stock?
Stock chart doesnât look good. I personally wait for $5-$6 range. 
Ugh, 5-6$? Iâll buy there but I already bought at 8.30
1 Like