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      06-06-2023, 05:46 PM   #1
javapro
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It's official - 50e qualifies for $3,750 Federal EV Tax Credit!!!

It's official - 50e qualifies for $3,750 US Federal EV Tax Credit!!!

https://fueleconomy.gov/feg/tax2023.shtml
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      06-06-2023, 05:57 PM   #2
TurtleBoy
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Don't know what the holdup was since BMW submitted the paperwork last month but finally last Thursday they updated the site. Likely needed some more information or something or I guess BMW could have made the announcement before submitting. Can never tell when the Feds are involved. LOL
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      06-07-2023, 10:06 AM   #3
Larryatl
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This was all over the forum one June 1. Unfortunately keeping the price under 80,000 is not very easy if you want any of the premium options.
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      06-08-2023, 10:31 AM   #4
quad_drive
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Quote:
Originally Posted by Larryatl View Post
This was all over the forum one June 1. Unfortunately keeping the price under 80,000 is not very easy if you want any of the premium options.
Yeah! Have to make some tough choices and compromises! It’s nice that it still qualifies for some credits. Some people don’t care much for fancy options! Some can’t live without them!
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      06-08-2023, 02:40 PM   #5
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Almost impossible to configure 50e for less than 80K......so much for the tax credit!
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      06-08-2023, 05:57 PM   #6
rundeyvoo
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Quote:
Originally Posted by jkramerXXX7 View Post
Almost impossible to configure 50e for less than 80K......so much for the tax credit!
Not to mention the income requirements you have to meet as well.
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      06-08-2023, 07:13 PM   #7
Jen4BMW
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Would a $82K configured 50e negotiated down to say $76K qualify for the tax credit?
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      06-08-2023, 07:14 PM   #8
TurtleBoy
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Quote:
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Would a $82K configured 50e negotiated down to say $76K qualify for the tax credit?
No, the limit is based on MSRP (not included destination and handling) not what you pay for it.
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      06-09-2023, 09:30 AM   #9
Jen4BMW
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Quote:
Originally Posted by TurtleBoy View Post
No, the limit is based on MSRP (not included destination and handling) not what you pay for it.
Man staying under $80K MSRP is almost impossible if you start with M sport and upgraded wheels.
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