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March 13, 2024
Question

EV Credit - $55K

  • March 13, 2024
  • 1 reply
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I purchased a Tesla Model 3 and added the color for $2,000 additional. My total price before taxes and fees was $55,990. Because I added the color this took me above the $55k. Is there any way I can still receive the credit? 

    1 reply

    March 13, 2024

    To qualify, the vehicle's manufacturer suggested retail price (MSRP) can't exceed: $55,000 

     

    MSRP is the retail price, including installed options, accessories and trim but excluding destination fees. 

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    mymAuthor
    March 13, 2024

    So there is absolutely no loophole to this? 

    March 13, 2024

    Unfortunately no. At the time of sale, the seller gives you information about your vehicle's qualifications. They also register online and report the same information to the IRS.

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