Thought it might be helpful to start keeping track of the brands/vehicles getting hit with reduced incentive programs.
So far I’m seeing the EQS sedan has lost $8,500 and the EQB has lost $5,000 in MIB dealer cash. Also the ZDX has lost the $7,500 fed rebate. BMW is holding strong it appears for now, will be interesting to see where Hyundai lands when programs update on the 8th. For now full incentives remain.
When the month turns over and the new programs roll out, the reporting databases often take a few days to be fully updated. You can’t accurately make judgements of what dropped off for the first few days.
Yes true, for the ZDX all other incentives were updated, so I made an assumption. Maybe jumped the gun on that one. The MB incentives have dropped by what I noted.
Lexus looks like it made changes recently, too. I’m in NC, and on July 3rd, they had $7500 in lease cash for at least the RX 450h+, but all lease cash PHEV deals seem to be gone from their website at the moment. I hope they bring them back once they understand the timing of the new bill.
The income limits are too low for anyone buying an Escalade. Also the hack sounds great on paper until you realize you took a 15k bath on depreciation to save 2k in taxes. Again the income limits are so low the deduction isn’t worth much.