[Fryballin]

I actually believe the current tax credit and possibly the wording of the BBB legislation basically says to qualify the electric vehicle has to have at least one model that is below the set maximum amount (I think currently $80k) and this allows higher specked vehicles in the lineup to still qualify. Thus why you see the platinum trim showing “after tax credit” pricing on some of FORDs documents that have been circulating around.

 

[Fryballin]

BBB has wording that specifically sets an $80K limit. Please provide your references to legislative text that show there is an $80K limit in the current tax credit. I am aware of none.

A 'Made in America' EV tax credit — what car buyers need to know if Biden can advance a sliced-and-diced Build Back Better bill

A reworked legislative effort pushing EVs could expand tax credits on some models to up to $12,500, and make it easier for more people to qualify.

www.marketwatch.com

I have read several places where this is mentioned but I’m not sure if these articles are providing accurate information. I wasn’t able to confirm on the IRS website that there is currently a MSRP limit. The changes the article is referring to may be to different versions of BBB.

Also, this next article explains how vehicle lines with some models priced below the maximum amount for BBB would essentially qualify the more expensive models in the line for the credit.

Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000 | EVAdoption

evadoption.com