That’s the upfront cost. When you factor in the potential incentives and much lower running costs, the numbers are even better.
Archive link: https://archive.ph/bK5nh
That’s the upfront cost. When you factor in the potential incentives and much lower running costs, the numbers are even better.
Archive link: https://archive.ph/bK5nh
I know people love to sign away their future income but i will not be buying at $50k vehicle.
It’s a commercial vehicle
I would argue that the transit itself is not specifically a commercial vehicle but it can come equipped with packages that make it useful for commercial use.
Copy and paste the first lines from the Ford Transit website:
"It’s Ready To Work
With a wide array of features to help you get the job done, the 2024 Ford Transit® van is the perfect addition to your workforce."
They used to sell a consumer-targeted version called the Transit Connect
I went to the Ford website and navigated to the two different Transit van pages and did not see that quote.
The e-version only had a Cargo option which is definitely aimed at commercial activities.
For the standard Transit, the first image shown on the website is literally a family getting out of the van with some baggage. If you scroll to the next section it is a Transit pulling a camper. If you scroll again the first listed van option is the passenger van XL.
I would argue that the Transit itself is not specifically a commercial vehicle but it can come equipped with packages that make it useful for a commercial use.
Weird you’re not seeing it.
Check the Ford.com website . It is categorized in “commercial trucks” and redirects to commercial whether you access from commercial section or “vans” section (see the website URL).
https://www.ford.com/commercial-trucks/e-transit/
The ETransit’s page first lines say (copy/paste):
“Hardworking efficiency to power your work. All-electric to change your business.”
edit: I refreshed a couple of times for fun. The ICE Transit DID change the first line to "Plenty of space. Multiple configurations. Interior versatility. Prepared for all life’s journeys. "
It also has a different header
Anyway here’s the wiki: https://wikipedia.org/wiki/Ford_Transit
Which makes it tax deductible and is the reason so many Escalades get sold.
Does a vehicle have to be classified as a commercial vehicle to get deduction status?
As you should. 50k for a base level electric vehicle with no physical buttons is a scam