The tax rebate is based on purchase date (delivery date) not order date. If you are taking delivery this year then you must be under 80k before March. After march probably only going to get half the tax rebate.
Thanks for your reply. This is why I ask. I have a wriitten binding agreement since 6/14/22. Below is from the US Dept of Energy:
Vehicles Purchased Before August 17, 2022
Qualifying EVs purchased before August 17, 2022, are eligible for a tax credit that is available for the purchase of a new qualified EV that draws propulsion using a traction battery that has at least five kilowatt-hours (kWh) of capacity, uses an external source of energy to recharge the battery, has a gross vehicle weight rating of up to 14,000 pounds, and meets specified emission standards. The minimum credit amount is $2,500, and the credit may be up to $7,500 based on each vehicle’s traction battery capacity and the gross vehicle weight rating. The credit will begin to be phased out for each manufacturer in the second quarter following the calendar quarter in which a minimum of 200,000 qualified PEVs have been sold by that manufacturer for use in the United States. This tax credit is also available for future EV owners with a written binding contract to purchase a new qualifying electric vehicle before August 16, 2022, but do not take possession of the vehicle until on or after August 16, 2022. For more information, including qualifying vehicles and sales by manufacturer, see the
Internal Revenue Service (IRS) Qualified Plug-in Electric Drive Motor Vehicle Credit website.
