Earlier quoted context omitted.
Is there some tax data about the amount of Clean Vehicle/CA and Federal EV credits issued for Cybertruck? The income cap on getting the clean vehicle rebates is $135k ($200k joint filers). And I'm not sure about the federal rebates. Tesla doesn't offer 0% financing, current Cybertruck APR deal is reported to be 5.29% for up to 72 months. So I don't see how someone with the income under the rebate cutoff can afford th…
One fun loophole to get the tax credit is through a lease. A lot of leasing companies pass the full credit on as a straight deduction on the capitalized cost, and you can stack that with other incentives. Lucid had some really ridiculous deal going that was supposedly leasing the >$100k sticker Air GT for $849/mo : https://www.autoblog.com/news/2024-lucid-air-available-from-... I looked into that and there was exactl…
The business model is weird, it’s almost like you’re capitalizing the cost of gas, except the gas tank leaks after a few years.
I figure they’ll either deal on a buyout at the end of the lease, I’ll turn it in, or gas prices will go nuts and I’ll be able to flip the car. My brother did that with a Volt - bought it for $18k pre-pandemic sold for $23k in 2021!