[chekru45]

Theoretically, yes, you could delay putting it in service until after 1/1. The challenge will be if it is not a base standard model 3 it won't qualify - the higher trims exceed the $55,000 cap for cars. Also, I've read the battery cells for the model 3s come from China, so maybe no Half Credit there either. I'd say the odds are stacked against you.

Dave

the first $3750 is from battery requirement which is 40% minerals should come from US free trade partners and unless clarified or some meaningful administrative direction,almost none will qualify
the second $3750 requirement is battery manufactured in US OR assembled in US. Even though Model 3 RWD battery is made in china by CATL but battery pack is assembled in california and car window sticker says battery from US.
so unless Tesla clarifies or if pack is assembled in US then technically this version should qualify atleast $3750
we should be knowing more details soon

 

[chekru45]

Agreed, we shall see on the battery tests, but I wouldn't bet money on any more than a half credit for either the ID.4 or the Tesla model 3. There likely won't be any credits at all on anything beyond the standard range base trim model 3 because of the vehicle price restriction

The sticky part is that it doesn't say the battery is manufactured or assembled in the right place - it says 50% of the battery components are manufactured or assembled in the right place. As one example, I'm not sure how it will be interpreted if the cells are manufactured and assembled in China, then shipped to the US to be assembled into a finished battery.

Dave

agreed.. lot of interpretations.. i do see lot o folks who are expecting model 3 RWD around nov/dec are thinking to take after Jan 1... also they are worried and Tesla may cancel the orders. ohh boy.. one heck of law that was just rolled out into many lives

 

[chekru45]

i got email from south charlotte vw dealer about 2022 ID4 availability and mentioned that these vehicles are available because of customers returned their reservations... not sure about mark up.. looks like 4 cars available
my reservation will be ready in few days and my car is in ship and i have binding contract as well..so i am not calling the dealer
good luck

 

[chekru45]

Do you mean this dealer?

New Volkswagen For Sale Charlotte, NC | Volkswagen of South Charlotte

View our new Volkswagen inventory online and schedule a test drive at Volkswagen of South Charlotte today! You'll find the best deals and the lowest prices in the Charlotte, NC area! Call 833-629-4612 today!

www.vwsouthcharlotte.com

All of them show pending sale.

i got the email like this..

I hope all is good and well! We wanted to let you know that we have ID4's available for sale if you were interested in purchasing one now?
These were on order that the customers are not responding for. They will not last long!
Here is a link to them. CLICK HERE
Thank you

 

[chekru45]

i got the email like this..

I hope all is good and well! We wanted to let you know that we have ID4's available for sale if you were interested in purchasing one now?
These were on order that the customers are not responding for. They will not last long!
Here is a link to them. CLICK HERE
Thank you

I called this morning .. yes..it is confirmed.. people cancelled their reservations... dealer is selling around $3k markup and itseems people need to be at dealership to further negotiation
This is at south charlotte VW dealership

 

[chekru45]

2023, or sooner based on when guidance is issued. They increase in 2024, and the phrasing of the bill confused some people so articles were saying they started in 2024.

in 2023, minerals percentage starting at 40% either sourced in US or US free trade parters and increase each year 10% til it reaches 100% by 2029 (for the first half of rebate ie $3750)
Other half $3750 is based on where the battery manufacured or assembled (this one little more confusing)

Also from 2024, if any rebate, it will be applied at point of sale (like most of the state rebates (ex: MA)

 

[chekru45]

for sure there are few reserved cars cancellations and dealers are selling for little profit and not like crazy 10k markups.. Atleast in charlotte I know 2 cars were sold last week around 2500k markup even though dealer was asking 3k markup.. the same dealer was selling >5k few months ago for any cancellations
Interestingly another charlotte dealer put a video last friday about availability of PRO RWD version and highlighting in the video saying "it is available and who ever first come to the dealership". I saw video yesterday but the car is not in inventory and not sure if the car is sold on friday/saturday

We don't know why there are cancellations (even though very small number)... loss of EV credit ? or alternative cars (Tesla,Hyundai,kia) ?

 

[chekru45]

I am seeing large price cuts ($8000) on used ID.4 that used to be selling for over MSRP like this local one that has been sitting on the lot for 50 days and they keep cutting the price:

https://www.cars.com/vehicledetail/01cdca6f-2de8-4985-9d42-3e5257e86ee6/

I wonder when we will get back to how it used to be when you drive a new car off the lot and it drops $10k right away. I now see 24 used ID.4 within 150 miles of me, when 2-3 months ago I would only see 1-2 on cars.com.

couple of scenarios :
1. It is a 2021 year car and depreciation in value is natural
2. reduced used car demand
3. Interest rates very high also causing lot of pull back from people (applies to many categories such as homes, high price furniture etc..) on overall spending
4. if people are buying based on additional research, then FE VW ID4 is a problem for many buyers since it is stuck with very bad software

 

[chekru45]

I have a 21 (not FE) with the 2.1 software and its not very bad its been fine. I have had no lag, and no reboots or any other problems. Other than the bad navigation and myVW app which they still have not fixed in 3.1. And the 21s are not stuck with it, since VW sent a letter that we will be updated to the latest software starting in the next 2 months. I will not be one of the first to update, since I have had no problems, and all the 22 and 23 are reporting many more problems than I have had.

I assume it is all about perception. I have three freinds who are not satisfied and early adapters and felt bad (i know one freind had many issues with those walk out half hour and comeback situation) and there are plenty of posts in this forum who are not satisfied.
I bought 22 close to 4 weeks now knowing that 3.1 is more stable than 2.1 and i was following this forum from January. Honestly i wouldnt buy if the software is 2.1 knowing that i might have issues. Overall it is all about percentage.. out of 100 there will be some number who will look into other things other than brand (vw) or an "german" (knowing that german cars are good).
My point was at least there could be some percentage who might look at 2.1 as software and also last one and half year main stream press is against VW and news out there whether it is real or not. the blame equally lies on VW where they didnt provided even simple press releases on the software updates and close to 2 years is long time before they released press release that software updates will be in next two months
So reduced price could be less preferable because it has 2.1 ( for some people) and for some people may be economy , interest rates etc..
Also fyi.. i dont hate ID4 and i like the drive

 

[chekru45]

here is another few but new 2022, first one looks like it is under msrp?

View attachment 16828


View attachment 16827

May be like Chevy bolt, VW is cutting the price to offset fed ev credit ? If that is the case, few people like me will be totally disappointed .. i just purchased 2022 id4 few weeks ago

 

[chekru45]

price is likely being cut due to order cancellations. Dealers know they wont be able to sell a new 2022 for the same price as a new 2023. More so since the 2023 (should) get the full tax credit if purchased by the end of the year. It's a no brainer.

I doubt it unless dealers got some blessing from VW for their loss. The price cut showing more than their invoice rate. Unless VW take those loss dealers highly unlikey sell with the reduced price

 

[chekru45]

Hyundai is trying to bend the rules:
Cho Tae-yong, ambassador of the Republic of Korea to the U.S., said Tuesday officials are discussing “several possible options” to correct what the country believes to be unfair policies that eliminated up to $7,500 of tax credits for EVs produced outside North America.

“We are in very intense conversation at the moment,” Cho said Tuesday following the groundbreaking of a $5.5 billion electric vehicle plant by Hyundai Motor Group near Savannah, Georgia. “There is a great wealth of goodwill and determination to find a solution on both sides.”

I dont think Hyundai trying to bend the rules. It is america with new law created the probelm. Europe union gave ultimatum to America that with new law it is fairly making disadvantages to their cars where as Europe is giving whatever the discounts irrespective where the car was manufactured. itseems Eurpoe going to retaliate if US doesnt alter the law. US is looking into it

Same way, Hyundai annouced multi billion dollor investment to state of georgia early this year and president Biden tweeted with big happy message on that. Fast forward, biden signed a law and instantly Hyundai cars are out . So hyundai is also threating to move the plant to mexico/where ever. US said itseems they are looking into it. Actually South korea is also free trade partner

And also there is WTO. Both Europe and Asian countries (South Korea) could report to WTO on the elimination of their cars from the law