50e $3750 federal tax credit confirmed

salzburg · 06-01-2023, 06:37 PM

X5 xDrive50e added to fueleconomy.gov today.

https://fueleconomy.gov/feg/tax2023.shtml

hechon · 06-01-2023, 06:55 PM

Quote:

Originally Posted by salzburg

X5 xDrive50e added to fueleconomy.gov today.

https://fueleconomy.gov/feg/tax2023.shtml

thanks. so the MSRP has to be below $80k and income less than $300k?

-hechon

TurtleBoy · 06-01-2023, 07:08 PM

Quote:

Originally Posted by hechon

thanks. so the MSRP has to be below $80k and income less than $300k?

-hechon

Yes to MSRP, your MAGI (Modified Adjusted Gross Income) needs to be:

vinnymac · 06-01-2023, 09:00 PM

$80,000 MSRP limit will take most of 50e purchases out of eligibility.

krypttic · 06-01-2023, 10:13 PM

Quote:

Originally Posted by vinnymac

$80,000 MSRP limit will take most of 50e purchases out of eligibility.

Exactly! Why the heck do they do this? Why should a better stereo, trailer hitch, or leather seats cause you to lose out on an EV tax credit?

infinitekidM2C · 06-02-2023, 11:42 AM

What if i build one just under 80k? I usually build mine fairly sparse. Does it need to be bought asap?
I am just about about to get one of these 50e monsters so this is quite the news for me.

TurtleBoy · 06-02-2023, 12:15 PM

Quote:

Originally Posted by infinitekidM2C

What if i build one just under 80k? I usually build mine fairly sparse. Does it need to be bought asap?
I am just about about to get one of these 50e monsters so this is quite the news for me.

The MSRP limit is 80k not including destination and handling. It will qualify through the end of 2023. 2024 eligibility will be determined later in the year.

cptcolo · 06-02-2023, 05:39 PM

Quote:

Originally Posted by salzburg

X5 xDrive50e added to fueleconomy.gov today.

https://fueleconomy.gov/feg/tax2023.shtml

Wow, no way. Thanks for the update

DaveDBD · 06-03-2023, 11:22 AM

Yeah I went over $80k after the 50e wasn’t on the list and added ACC. So that option cost me $6k. Thanks BMW.

BzsBimmer · 06-07-2023, 09:41 PM

Quote:

Originally Posted by DaveDBD

Yeah I went over $80k after the 50e wasn’t on the list and added ACC. So that option cost me $6k. Thanks BMW.

I feel your pain. It’s probably too late to get a comparable 40e at this point.

davewolfs · 06-15-2023, 07:02 AM

What do I give up?

Multi Contour Seats
Anthracite Headliner
M Sport Professional Package

TurtleBoy · 06-15-2023, 09:44 AM

If you only need to give up one them the Alcantara headliner.

gadgetfreak2024 · 06-15-2023, 10:26 AM

Asked my dealer to provide a benefit to me since I’m leasing. They said no, as Turtleboy suggested I should expect. Unfortunately…

davewolfs · 06-17-2023, 08:02 AM

Is it crazy to order one of these without a premium package so I can get 21” rims?

I’ve had the HUD disabled in my 2020 X5 since I find it distracting. But am just thinking for resale.

I can’t stand the direction BMW has gone with the forced bundling to get options I care about.

BzsBimmer · 06-17-2023, 01:44 PM

I also found it frustrating that the driver’s assistant features will only be active for 8 years after purchase and will subsequently be disabled after that. You’re going to pay a lot of $ for features that won’t be available.

TurtleBoy · 06-17-2023, 01:51 PM

Quote:

Originally Posted by BzsBimmer

I also found it frustrating that the driver’s assistant features will only be active for 8 years after purchase and will subsequently be disabled after that. You’re going to pay a lot of $ for features that won’t be available.

That is not correct, they will not be disabled after 8 years. What may be disabled is Highway Assistant, the rest of the package will work just fine.

TurtleBoy · 06-17-2023, 01:52 PM

Quote:

Originally Posted by davewolfs

Is it crazy to order one of these without a premium package so I can get 21” rims?

I’ve had the HUD disabled in my 2020 X5 since I find it distracting. But am just thinking for resale.

I can’t stand the direction BMW has gone with the forced bundling to get options I care about.

Not crazy at all, it is your vehicle. Options/features have very little impact on resale values so no need to worry about that.

BzsBimmer · 06-17-2023, 01:57 PM

Quote:

Originally Posted by TurtleBoy

That is not correct, they will not be disabled after 8 years. What may be disabled is Highway Assistant, the rest of the package will work just fine.

Yea thanks. that’s what I meant. Still…

ALUSNA · 06-19-2023, 11:32 AM

Have a 50E on order at $79,945, just under the $80K limit: DAP; Parking Assistance Professional; Premium Package and bun warmers front and rear. Received allocation today. Should be perfect of us.

Black Beauty · 06-19-2023, 02:29 PM

Quote:

Originally Posted by ALUSNA

Have a 50E on order at $79,945, just under the $80K limit: DAP; Parking Assistance Professional; Premium Package and bun warmers front and rear. Received allocation today. Should be perfect of us.

Good for you, and I could no see giving anything up to get down to 80k.
Black Sapphire Metallic
Tartufo Extended Merino Leather
Parking Assistance Package
Premium Package
climate Comfort Package
Multi-contour seats
Total $80,400 (just over)

destination $995
Total $81,395
Dealer Incentives $1,500
Military $2,000
Total $77,895

Now the waiting game.

Just found out today a dealer in the area has an allocation due to someone just canceled their build and it has hit production yet. Was going to change but I'm not in a hurry. The dealership we've been working with has been good. I just ordered the all weather rubber liners front and back and rubber cargo liner. Total $442.60
Front Liners $147.06, Back liners $105.94, Cargo Liner $189.60.

davewolfs · 06-19-2023, 11:00 PM

Quote:

Originally Posted by Black Beauty

Good for you, and I could no see giving anything up to get down to 80k.
Black Sapphire Metallic
Tartufo Extended Merino Leather
Parking Assistance Package
Premium Package
climate Comfort Package
Multi-contour seats
Total $80,400 (just over)

destination $995
Total $81,395
Dealer Incentives $1,500
Military $2,000
Total $77,895

Now the waiting game.

Just found out today a dealer in the area has an allocation due to someone just canceled their build and it has hit production yet. Was going to change but I'm not in a hurry. The dealership we've been working with has been good. I just ordered the all weather rubber liners front and back and rubber cargo liner. Total $442.60
Front Liners $147.06, Back liners $105.94, Cargo Liner $189.60.

Will you get the tax credit or is it based on MSRP of car?

BzsBimmer · 06-19-2023, 11:13 PM

Quote:

Originally Posted by davewolfs

Will you get the tax credit or is it based on MSRP of car?

It’s based on MSRP minus Delivery fees
Then there’s the income qualification

06-01-2023, 06:37 PM	#1
salzburg Registered 9 Rep 2 Posts Drives: BMW X5 Join Date: Jun 2023 Location: USA iTrader: (0)	50e $3750 federal tax credit confirmed X5 xDrive50e added to fueleconomy.gov today. https://fueleconomy.gov/feg/tax2023.shtml Attached Images
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06-01-2023, 09:00 PM	#4
vinnymac First Lieutenant 157 Rep 384 Posts Drives: 2024 X5 50e Join Date: May 2011 Location: Saint Louis, MO iTrader: (0)	$80,000 MSRP limit will take most of 50e purchases out of eligibility.
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06-02-2023, 11:42 AM	#6
infinitekidM2C Major General 4207 Rep 5,728 Posts Drives: 2019 M2 Competition Join Date: Nov 2007 Location: Orange County, CA iTrader: (4) Garage List 2019 M2 COMPETITION [9.50] 2008 135i (my old car) [7.39]	What if i build one just under 80k? I usually build mine fairly sparse. Does it need to be bought asap? I am just about about to get one of these 50e monsters so this is quite the news for me.
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06-03-2023, 11:22 AM	#9
DaveDBD First Lieutenant 152 Rep 302 Posts Drives: BMW X5 Join Date: Mar 2022 Location: Washington iTrader: (0)	Yeah I went over $80k after the 50e wasn’t on the list and added ACC. So that option cost me $6k. Thanks BMW.
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06-15-2023, 07:02 AM	#11
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06-15-2023, 09:44 AM	#12
TurtleBoy General 13275 Rep 19,805 Posts Drives: 2019 X5 40i,2021 M340i Join Date: Jan 2019 Location: Colorado iTrader: (0)	If you only need to give up one them the Alcantara headliner. __________________ 2021 BMW G20 M340i xDrive - Verde Ermes/Black - 03/2024.40 2019 BMW G05 X5 xDrive40i - Phytonic Blue/Cognac - 11/2023.50
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06-15-2023, 10:26 AM	#13
gadgetfreak2024 First Lieutenant 219 Rep 348 Posts Drives: 2024 X5 50e, 2011 X5 50i M-Sp. Join Date: Apr 2023 Location: NY State iTrader: (0)	Asked my dealer to provide a benefit to me since I’m leasing. They said no, as Turtleboy suggested I should expect. Unfortunately…
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06-17-2023, 08:02 AM	#14
davewolfs Private First Class 27 Rep 104 Posts Drives: Mineral White ZCP Join Date: Nov 2007 Location: South Florida iTrader: (0)	Is it crazy to order one of these without a premium package so I can get 21” rims? I’ve had the HUD disabled in my 2020 X5 since I find it distracting. But am just thinking for resale. I can’t stand the direction BMW has gone with the forced bundling to get options I care about.
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06-17-2023, 01:44 PM	#15
BzsBimmer Major General 3274 Rep 6,723 Posts Drives: '23 G80 FO M3, M3 & MY Tezzy's Join Date: Mar 2006 Location: Nor. Cal iTrader: (32)	I also found it frustrating that the driver’s assistant features will only be active for 8 years after purchase and will subsequently be disabled after that. You’re going to pay a lot of $ for features that won’t be available.
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06-19-2023, 11:32 AM	#19
ALUSNA New Member 3 Rep 10 Posts Drives: BMW 550i Join Date: Jun 2023 Location: Florida iTrader: (0)	Have a 50E on order at $79,945, just under the $80K limit: DAP; Parking Assistance Professional; Premium Package and bun warmers front and rear. Received allocation today. Should be perfect of us.
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