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Reply to "Tesla now only $23k"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How many people who can afford/want to drive a tesla actually qualify for the tax breaks though. The limits are too low.[/quote] What’s the limit? [/quote] maximum of $300,000 for a household, $150,000 for an individual or $225,000 for a head of household. https://www.npr.org/2023/01/07/1147209505/electric-car-tax-credit-climate-bill-tesla-volkswagen-ev I am never certain, though, if it means AGI or just gross.[/quote] Almost always means AGI. I never knew Biden and the Dems were so conservative, withholding tax incentives from 2-income families. Get back in the kitchen, spouses! Or maybe they are liberal, and they want us to cohabitate instead of marry? [/quote] ? The vast majority of Americans make less than $300K HHI. If your HHI is $300K, you are in the to 5% and can afford a $30K car. Our HHI is about $300K. We bought a car a few years ago for $30K cash.[/quote] hmm but we were looking into purchasing a Pacifica and I/m not going to lie.. it ticked me off that my retired and very wealthy family members paid 7000 less for it two months ago bc their AGI is less than ours and I expanded my list to include non evs.. especially b/c teh batteries are terrible and I dont actually drive a lot, less than ten miles per week. was getting the car fro road trips. no-one likes feeling like they are getting ripped off- anyone who is getting w-2 income should be eligible for the tax break. [/quote] We have a Pacifica. It makes no sense to get it for road trips as the battery only goes 30 miles. It’s perfect for driving kids to soccer and school and grocery store runs. That’s what it’s destined for. We have one and only add gas once a year when we take it on a road trip.[/quote] When a PHEV is on a road trip, it is like a regular hybrid (think, prius) when the battery miles are used. So you are still getting good mileage, better than the ice Pacifica. I just finished a road trip in my Chevy Volt (my battery is about 50 miles) and I was getting 42 mpg on gas, as a hybrid. I will say, I did see lots of Tesla superchargers on my trip (FL to NE and back) and my hotel last night even had free charging for Tesla only (no J1772). But I'm another one who hesitates to buy a Tesla because I think Elon Musk is crazy and could do something to the cars' software if he wants to.[/quote]
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