New EV tax credit program going to screw up my ID4 delivery.
Last year I put money down on a reservation for an ID4 AWD and early this year locked it in with an additional deposit. A few weeks ago I got my estimated delivery date for mid November and I was pretty stoked. It's German built but because VW hasn't hit 200,000 units sold it qualified for the full $7500 credit. Now this new bill makes the assembled in North America requirement effective upon the president signing the bill.
I could barely afford a $48,000 vehicle before, only because I would get the $7500 tax credit when I filed in January, now that's out the window. I guess I still have a reservation on the Lightning which starts at $41,000 and is North American, but the battery source issue may drop that one as well. I'm also so far down that list I didn't expect anything until 2025.
Oh well, NO EV FOR YOU!
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