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Old 08-08-2022, 08:27 PM   #123 (permalink)
redpoint5
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Join Date: Aug 2010
Location: Oregon
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Acura TSX - '06 Acura TSX
90 day: 24.19 mpg (US)

Lafawnda - CBR600 - '01 Honda CBR600 F4i
90 day: 47.32 mpg (US)

Big Yeller - Dodge/Cummins - '98 Dodge Ram 2500 base
90 day: 21.82 mpg (US)

Chevy ZR-2 - '03 Chevrolet S10 ZR2
90 day: 17.14 mpg (US)

Model Y - '24 Tesla Y LR AWD

Pacifica Hybrid - '21 Chrysler Pacifica Hybrid
90 day: 85.85 mpg (US)
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Quote:
Originally Posted by Isaac Zachary View Post
Ya, I don't think I'd have much taxes taken off with a tax credit. Of course as you've said before, get someone in the family that could. I'm just not sure who and still couldn't afford a new car even if I could.
Whatever change is made to the EV tax credit will likely make it available to all who purchase a new qualifying EV. That would eliminate the shenanigans required to get the credit for those without enough tax liability.

Last week I realized my Acura is still in my Mom's name when I went to renew the tags. I had her "purchase" it back in 2010 when I bought my house. Didn't want that debt to appear on my credit report when applying for the largest mortgage I could get someone to approve. My strategy there was to buy the biggest house I could and rent the most rooms... which paid for the full mortgage plus taxes and insurance.

I've never bought new because I could never justify the purchase price vs value. For the same money, I've always wanted a better used vehicle. As long as there's a better used vehicle for the price of a new vehicle, I'm never going to choose new.
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Isaac Zachary (08-08-2022)