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hmm, wouldn’t this have to be instantaneous? I would think that if the credit is normally used as point of sale, it would have to be 7/365 since otherwise the dealer couldn’t get the credit transferred to them/passed through to us. Wondering then if I should take it a little easier on the...

Appreciate the non-sarcastic post here, since I completely glossed over this as well on the dang website. I was even ready to get a lawyer friend involved with this situation, but really relieving to see that the 2024 language has a way out. I have it in writing that the dealer submitted the...

Would you/anyone also know if this serves as enough “proof” that the seller also did submit the sale to the IRS?

GOD SEND. Thank you!!

My thoughts exactly. I do have that much liability, hence the idea to get things pushed through this way. You’re absolutely right, and I 100% appreciate the thoughtfulness in your reply. My taxes owed in that line are around ~8k. I am just a little nervous that I don’t have sufficient...

One of the best vehicle purchases I’ve made by far! Agreed, not sure if the hassle is worth it. Unfortunately I may have already dug the hole too deep to escape, this may just be the route I take. So trying to make sure I don’t goof up!

Currently In the last few steps of finalizing a Lightning, for which there’s 0% APR being offered. As a result, we decided to not push the 7500 tax credit into the loan/lower the price of the car, but instead delay it until tax time to get that cash upfront. Obviously this increases the loan...