[motorhead]

I placed an order June 5th for a v60 Polestar, when the previous tax credit was still available. Finally heard last week the my order got picked up by Volvo and to expect a March delivery. Bummer that I won't receive tax credit under new act, but will still most likely go through with the purchase.

If you had a committed order (via non-refundable deposit), then you should still qualify for the tax credit in the 2023 tax year. This is of course subject to tax policy interpretation but I’ve yet to see any specific cut-off delivery date for committed orders placed prior to the August 16 2022 law change.

 

[motorhead]

If you planned on leasing a V60 again, there is some good policy news out of the US Treasury this week that includes EU manufactured Volvo cars that previously qualified for the $7,500 EV credit. The same more restrictive 2023 direct purchase policies apply, but beginning 1/1/23, leasing companies (such as Volvo Financial Services) will be able to pass the previous EV credits along to consumers. With leases, the purchase price cap is waived as well.

 

[motorhead]

Glac 13: the 2024 A4/S4 is coming in wagon (non-Allroad) to the States again so that might be tempting and more affordable. And supposedly PHEV, too.

Oh my, where have you heard that? I’ve owned several A4/S4 Avant variants and would love to see them here again (as well as an RS4 Avant). Everything I’ve seen so far on the new B10 Avant says no-go for the U.S.

 

[motorhead]

These are the news articles that I saw. This just came out on Thursday so I’d guess that the manufacturers are still working on interpretation and how they would potentially build lease programs around it. Maybe a cap cost reduction? That would certainly make these vehicles more competitive in the market.

Reuters
CleanTechnico

 

[motorhead]

So does the Polestar qualify for this as a Lease?

It may. You’ll have to standby as the new policy guidance plays out.