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Tax credit 2024 [The tax credit discussion thread]
- Thread starter vickh
- Start date
I've heard that the IRS site keeps crashing and dealers can't process any POS credits yet. And they can't complete the sale without the site working...
Super_Popular
Well-Known Member
I don't understand, inventory discounts only apply to the specific VIN you ordered. So if you have a inventory discount you already have a VIN assigned.
They likely will not hold it, you normally have three days to take delivery once the vehicle is ready.
If you are in the Asian market maybe you'll see them driving around in March. If you are in the US this won't be available to purchase until this time next year. Just look at how the Highland launch is running. Still can't buy one here in the states.
Looks like the inventory discounts are here for now. Q is will they be there once they get POS set up?
I can't do "earlier pickup" for in-transit vehicles with an inventory discount through the app. Can SAs do that for me? I'm not in a rush, but want the inventory discount
I can't do "earlier pickup" for in-transit vehicles with an inventory discount through the app. Can SAs do that for me? I'm not in a rush, but want the inventory discount
wildguess
Member
The discounts I received are fantastic, and I'm thrilled with them.
I secured a USD$ 5,750 adjustment, a $1,000 credit for reserving a CyberTruck, and a $500 NY Drive Clean rebate.
Essentially, this almost entirely offsets the cost of all the additional features on the car, including its red color, hitch, seven seats, white interior, and 20" wheels.
I chose a vehicle that was in transit on December 30, but unsurprisingly, it didn't arrive before the year's end.
Consequently, I missed out on the offer of six months of free supercharging.
However, I wonder, what's the value of that offer? Around $500?
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ChiefRollo
Member
The value could range from none to 6,000-7,500 miles worth of kWh. Since you don’t have it, I suggest you go with none.
SabrToothSqrl
Active Member
has anyone taken a point of sale credit in 2024? I'm encouraging friends to test drive because it's point of sale now... so... it's working?
Tesla is not currently offering the POS credit. (And a lot of dealers report that the IRS system doesn't actually work, so they can't either.)
ChiefRollo
Member
The incentive page is no longer part of my delivery tasks; it disappeared.
wildguess
Member
I cannot see it either. I literally took a screenshot of that page in the app 2.5 hours ago.
I placed an inventory order on 1/1 for a Model Y LR and I have asked several times about the POS tax credit. They first told me they are working on it with the IRS. Today they called and left a voicemail telling me not to cancel my order yet and see how things play out. She said there may not be a POS option. I don’t know if she meant ever or just for my order. I got a good discount so I don’t want to cancel, but I’m thinking if the time comes and they aren’t offering POS or won’t let me delay, I will have to cancel. we All know they won’t let anyone delay a delivery.
Assuming you have sufficient tax liability, you can adjust withholdings (W-2) or your estimated quarterlies (1099) to recoup the credit before April 15 2025.
