Not just the companies, but the federal government, at least in the US, only comes up with income tax credits instead of instant rebates. So first you need to be able to take the immediate hit of the original purchase price, plus you need to have made enough money to pay at least $7500 in federal income taxes to gain the benefit of the full amount.
Yes this too. They go out and try to say “oh but there’s a credit” but they make it hard to even get the credit in the first place. So it’s great that the Mach-E is eligible for the $7500 credit but that’s not gonna do me a bit of good even if I could barely afford it.
Not just the companies, but the federal government, at least in the US, only comes up with income tax credits instead of instant rebates. So first you need to be able to take the immediate hit of the original purchase price, plus you need to have made enough money to pay at least $7500 in federal income taxes to gain the benefit of the full amount.
Yes this too. They go out and try to say “oh but there’s a credit” but they make it hard to even get the credit in the first place. So it’s great that the Mach-E is eligible for the $7500 credit but that’s not gonna do me a bit of good even if I could barely afford it.
The whole thing frustrates me to no end.