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Obama Rebate: too good to be true?

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  Obama Rebate:  too good to be true? stacy4linnix@gmail.com - 2016-10-29 13:46 -0700
    Re: Obama Rebate:  too good to be true? stacy4linnix@gmail.com - 2016-10-29 13:56 -0700
      Re: Obama Rebate: too good to be true? amdx <nojunk@knology.net> - 2016-10-31 10:30 -0500
        Re: Obama Rebate: too good to be true? bitrex <bitrex@de.lete.earthlink.net> - 2016-10-31 12:20 -0400
          Re: Obama Rebate: too good to be true? amdx <nojunk@knology.net> - 2016-10-31 12:11 -0500
            Re: Obama Rebate: too good to be true? bitrex <bitrex@de.lete.earthlink.net> - 2016-10-31 14:06 -0400
              Re: Obama Rebate: too good to be true? amdx <nojunk@knology.net> - 2016-10-31 13:35 -0500
            Re: Obama Rebate: too good to be true? krw <krw@nowhere.com> - 2016-10-31 18:50 -0400
        Re: Obama Rebate: too good to be true? krw <krw@nowhere.com> - 2016-10-31 12:28 -0400
    Re: Obama Rebate: too good to be true? bitrex <bitrex@de.lete.earthlink.net> - 2016-10-29 21:55 -0400
      Re: Obama Rebate: too good to be true? Winfield Hill <hill@rowland.harvard.edu> - 2016-10-30 11:43 -0700
      Re: Obama Rebate: too good to be true? amdx <nojunk@knology.net> - 2016-10-31 12:19 -0500
        Re: Obama Rebate: too good to be true? bitrex <bitrex@de.lete.earthlink.net> - 2016-10-31 14:12 -0400
          Re: Obama Rebate: too good to be true? amdx <nojunk@knology.net> - 2016-10-31 13:39 -0500
    Re: Obama Rebate: too good to be true? rickman <gnuarm@gmail.com> - 2016-10-30 22:09 -0400

#432900 — Obama Rebate: too good to be true?

http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true

Can i buy an EV (i.e. GM Bolt) and get 30K back?

[toc] | [next] | [standalone]

#432902

On Saturday, October 29, 2016 at 1:46:23 PM UTC-7, stacy4...@gmail.com wrote:
> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
> 
> Can i buy an EV (i.e. GM Bolt) and get 30K back?

Never mind, it's just sale tax deduction gimmick.

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#433153 — Re: Obama Rebate: too good to be true?

On 10/29/2016 3:56 PM, stacy4linnix@gmail.com wrote:
> On Saturday, October 29, 2016 at 1:46:23 PM UTC-7, stacy4...@gmail.com wrote:
>> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>>
>> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>
> Never mind, it's just sale tax deduction gimmick.
>

  Is this the same legislation that allowed John Stossel to buy
a street legal golf cart and get a tax CREDIT that paid for the whole 
cost of the golf cart? He wasn't the only one, I just saw his report 
where he parked it on a New York City street and interviewed people,
while thanking them for buying him a golf cart. The point was to show 
how stupid government can be with your money.
There were some that bought the golf cart, the tax payers paid for it, 
then the owner leased the cart to a golf course.
  Everyone was happy and the taxpayers were oblivious.

> http://www.foxnews.com/story/2010/02/10/how-did-john-stossel-get-free-golf-cart-from-government.html

                                         Mikek

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#433165 — Re: Obama Rebate: too good to be true?

On 10/31/2016 11:30 AM, amdx wrote:
> On 10/29/2016 3:56 PM, stacy4linnix@gmail.com wrote:
>> On Saturday, October 29, 2016 at 1:46:23 PM UTC-7, stacy4...@gmail.com
>> wrote:
>>> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>>>
>>>
>>> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>>
>> Never mind, it's just sale tax deduction gimmick.
>>
>
>  Is this the same legislation that allowed John Stossel to buy
> a street legal golf cart and get a tax CREDIT that paid for the whole
> cost of the golf cart? He wasn't the only one, I just saw his report
> where he parked it on a New York City street and interviewed people,
> while thanking them for buying him a golf cart. The point was to show
> how stupid government can be with your money.
> There were some that bought the golf cart, the tax payers paid for it,
> then the owner leased the cart to a golf course.
>  Everyone was happy and the taxpayers were oblivious.
>
>> http://www.foxnews.com/story/2010/02/10/how-did-john-stossel-get-free-golf-cart-from-government.html
>>
>
>                                         Mikek
>

One might argue that there's no foolproof way to prevent people with the 
knowhow and determination to abuse a system from doing just that.

Rather like constant complaints by conservatives that because the EBT 
system is abused, the whole system needs to be scrapped, regardless of 
how many millions of kids are able to eat because of it. Yep, I'm sure 
there are thousands of freeloaders eating lobster dinners off of it 
every night for years. So what? What's your point, exactly?

The Feds dole out millions of dollars every hour to the oil industry, 
Homeland Security, and to fight foreign wars I ain't never asked to be 
involved in. I find it pretty difficult to summon up any outrage over 
golf carts.

I feel pretty sorry for you squares, in fact. You bought the line that 
the key to happiness was to work your ass off for The Man for 40 years, 
rack up a bunch of debt and that somehow all the good stuff would fall 
into place. But it seems all that promise delivered on was a deep-seated 
resentment and a pathological urge to squabble over every last penny the 
poor are "stealing" from you, and sitting around in a six-figure home 
pondering the ways in which the government must be "oppressing" you. 
What a hoot.

The reason for your discontent was never the government, it was always 
available for study right there in the bathroom mirror. Too bad y'all 
never noticed - oh well. Suck it, suckas.

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#433170 — Re: Obama Rebate: too good to be true?

On 10/31/2016 11:20 AM, bitrex wrote:
> On 10/31/2016 11:30 AM, amdx wrote:
>> On 10/29/2016 3:56 PM, stacy4linnix@gmail.com wrote:
>>> On Saturday, October 29, 2016 at 1:46:23 PM UTC-7, stacy4...@gmail.com
>>> wrote:
>>>> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>>>>
>>>>
>>>>
>>>> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>>>
>>> Never mind, it's just sale tax deduction gimmick.
>>>
>>
>>  Is this the same legislation that allowed John Stossel to buy
>> a street legal golf cart and get a tax CREDIT that paid for the whole
>> cost of the golf cart? He wasn't the only one, I just saw his report
>> where he parked it on a New York City street and interviewed people,
>> while thanking them for buying him a golf cart. The point was to show
>> how stupid government can be with your money.
>> There were some that bought the golf cart, the tax payers paid for it,
>> then the owner leased the cart to a golf course.
>>  Everyone was happy and the taxpayers were oblivious.
>>
>>> http://www.foxnews.com/story/2010/02/10/how-did-john-stossel-get-free-golf-cart-from-government.html
>>>
>>>
>>
>>                                         Mikek
>>
>
> One might argue that there's no foolproof way to prevent people with the
> knowhow and determination to abuse a system from doing just that.
>
> Rather like constant complaints by conservatives that because the EBT
> system is abused, the whole system needs to be scrapped, regardless of
> how many millions of kids are able to eat because of it. Yep, I'm sure
> there are thousands of freeloaders eating lobster dinners off of it
> every night for years. So what? What's your point, exactly?
>
> The Feds dole out millions of dollars every hour to the oil industry,
> Homeland Security, and to fight foreign wars I ain't never asked to be
> involved in. I find it pretty difficult to summon up any outrage over
> golf carts.

Who did you psychoanalyze with your diatribe? If me, you were in the 
wrong room.

  Two of those three are proper functions of the federal government.

> I feel pretty sorry for you squares, in fact.


   Squares/ Are you having a flashback? LOL

  You bought the line that
> the key to happiness was to work your ass off for The Man for 40 years,

Again your in the wrong room.

> rack up a bunch of debt and that somehow all the good stuff would fall
> into place.

I don't have any debt, and all the good stuff has fallen into place.
Of course it didn't really fall into place, it was a long term plan
that succeeded.

  But it seems all that promise delivered on was a deep-seated
> resentment and a pathological urge to squabble

Seems you are the one spewing all the anger. Just take a few deep 
breaths and calm down.

> over every last penny the
> poor are "stealing" from you,

Well there is fraud that goes on, but most of it just following
the rules set up to qualify for the benefit.


> and sitting around in a six-figure home
> pondering the ways in which the government must be "oppressing" you.

Six figure home? There's not much left under 6 figures. I bought a 
$33,000 house in 1984 and a $82,000 house in 1994, but in 2016 it would 
be tough even in the LCOL area I'm in.

> What a hoot.

  Happy you found some pleasure.

> The reason for your discontent was never the government,

   If you think our government is not wasteful with bad policies,
("you must be a democrat!") you just haven't been paying attention.

>it was always available for study right there in the bathroom mirror. Too bad y'all
> never noticed - oh well. Suck it, suckas.

  Oh, you lose, you had to resort to name calling.
                       Thanks for the entertainment,
                                                 Mikek

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#433176 — Re: Obama Rebate: too good to be true?

On 10/31/2016 01:11 PM, amdx wrote:

> Six figure home? There's not much left under 6 figures. I bought a
> $33,000 house in 1984 and a $82,000 house in 1994, but in 2016 it would
> be tough even in the LCOL area I'm in.

Is the 1984 home still valued at $33,000? Being born in the Truman 
administration has its advantages, I guess.

>> The reason for your discontent was never the government,
>
>   If you think our government is not wasteful with bad policies,
> ("you must be a democrat!") you just haven't been paying attention.

It's a bizarre obsession. If you didn't like the way the rest of America 
was steering things you should've left a long time ago - clearly the 
least stressful option.


>> it was always available for study right there in the bathroom mirror.
>> Too bad y'all
>> never noticed - oh well. Suck it, suckas.
>
>  Oh, you lose, you had to resort to name calling.
>                       Thanks for the entertainment,
>                                                 Mikek
>

So competitive.

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#433179 — Re: Obama Rebate: too good to be true?

On 10/31/2016 1:06 PM, bitrex wrote:
> On 10/31/2016 01:11 PM, amdx wrote:
>
>> Six figure home? There's not much left under 6 figures. I bought a
>> $33,000 house in 1984 and a $82,000 house in 1994, but in 2016 it would
>> be tough even in the LCOL area I'm in.
>
> Is the 1984 home still valued at $33,000? Being born in the Truman
> administration has its advantages, I guess.

  That's a bit ignorant of the history of housing prices and of 
presidential history.
  The answers are No and I wasn't and it could be.





>>> The reason for your discontent was never the government,
>>
>>   If you think our government is not wasteful with bad policies,
>> ("you must be a democrat!") you just haven't been paying attention.
>
> It's a bizarre obsession. If you didn't like the way the rest of America
> was steering things you should've left a long time ago - clearly the
> least stressful option.

  Why would I leave, the advantages of living in the U.S. so numerous.

>>> it was always available for study right there in the bathroom mirror.
>>> Too bad y'all
>>> never noticed - oh well. Suck it, suckas.
>>
>>  Oh, you lose, you had to resort to name calling.
>>                       Thanks for the entertainment,
>>                                                 Mikek
>>
>
> So competitive.
>
   Did your school give you a ribbon for participating?
Did you ever notice stoners lack competitiveness?
                                      Mikek

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#433217 — Re: Obama Rebate: too good to be true?

On Mon, 31 Oct 2016 12:11:49 -0500, amdx <nojunk@knology.net> wrote:

>On 10/31/2016 11:20 AM, bitrex wrote:
>> On 10/31/2016 11:30 AM, amdx wrote:
>>> On 10/29/2016 3:56 PM, stacy4linnix@gmail.com wrote:
>>>> On Saturday, October 29, 2016 at 1:46:23 PM UTC-7, stacy4...@gmail.com
>>>> wrote:
>>>>> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>>>>>
>>>>>
>>>>>
>>>>> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>>>>
>>>> Never mind, it's just sale tax deduction gimmick.
>>>>
>>>
>>>  Is this the same legislation that allowed John Stossel to buy
>>> a street legal golf cart and get a tax CREDIT that paid for the whole
>>> cost of the golf cart? He wasn't the only one, I just saw his report
>>> where he parked it on a New York City street and interviewed people,
>>> while thanking them for buying him a golf cart. The point was to show
>>> how stupid government can be with your money.
>>> There were some that bought the golf cart, the tax payers paid for it,
>>> then the owner leased the cart to a golf course.
>>>  Everyone was happy and the taxpayers were oblivious.
>>>
>>>> http://www.foxnews.com/story/2010/02/10/how-did-john-stossel-get-free-golf-cart-from-government.html
>>>>
>>>>
>>>
>>>                                         Mikek
>>>
>>
>> One might argue that there's no foolproof way to prevent people with the
>> knowhow and determination to abuse a system from doing just that.
>>
>> Rather like constant complaints by conservatives that because the EBT
>> system is abused, the whole system needs to be scrapped, regardless of
>> how many millions of kids are able to eat because of it. Yep, I'm sure
>> there are thousands of freeloaders eating lobster dinners off of it
>> every night for years. So what? What's your point, exactly?
>>
>> The Feds dole out millions of dollars every hour to the oil industry,
>> Homeland Security, and to fight foreign wars I ain't never asked to be
>> involved in. I find it pretty difficult to summon up any outrage over
>> golf carts.
>
>Who did you psychoanalyze with your diatribe? If me, you were in the 
>wrong room.

Lefties are always projecting.
>
>  Two of those three are proper functions of the federal government.
>
>> I feel pretty sorry for you squares, in fact.
>
>
>   Squares/ Are you having a flashback? LOL

More projection.  Ditto.

>  You bought the line that
>> the key to happiness was to work your ass off for The Man for 40 years,
>
>Again your in the wrong room.
>
>> rack up a bunch of debt and that somehow all the good stuff would fall
>> into place.
>
>I don't have any debt, and all the good stuff has fallen into place.
>Of course it didn't really fall into place, it was a long term plan
>that succeeded.

You didn't do that.
>
>  But it seems all that promise delivered on was a deep-seated
>> resentment and a pathological urge to squabble
>
>Seems you are the one spewing all the anger. Just take a few deep 
>breaths and calm down.
>
>> over every last penny the
>> poor are "stealing" from you,

It's *all* theft.  It's taking from one person specifically to give to
another.  That's not a function of the government, either.
>
>Well there is fraud that goes on, but most of it just following
>the rules set up to qualify for the benefit.
>
>
>> and sitting around in a six-figure home
>> pondering the ways in which the government must be "oppressing" you.
>
>Six figure home? There's not much left under 6 figures. I bought a 
>$33,000 house in 1984 and a $82,000 house in 1994, but in 2016 it would 
>be tough even in the LCOL area I'm in.
>
>> What a hoot.
>
>  Happy you found some pleasure.
>
>> The reason for your discontent was never the government,
>
>   If you think our government is not wasteful with bad policies,
>("you must be a democrat!") you just haven't been paying attention.

Of course he has.  It makes Rex happy when the government steals from
Peter to pay Paul.  No skin off his nose and he gets to feel good
because Rexie is "helping" Paul (and Peter is just evil, anyway).
>
>>it was always available for study right there in the bathroom mirror. Too bad y'all
>> never noticed - oh well. Suck it, suckas.
>
>  Oh, you lose, you had to resort to name calling.
>                       Thanks for the entertainment,
>                                                 Mike

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#433167 — Re: Obama Rebate: too good to be true?

On Mon, 31 Oct 2016 10:30:05 -0500, amdx <nojunk@knology.net> wrote:

>On 10/29/2016 3:56 PM, stacy4linnix@gmail.com wrote:
>> On Saturday, October 29, 2016 at 1:46:23 PM UTC-7, stacy4...@gmail.com wrote:
>>> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>>>
>>> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>>
>> Never mind, it's just sale tax deduction gimmick.
>>
>
>  Is this the same legislation that allowed John Stossel to buy
>a street legal golf cart and get a tax CREDIT that paid for the whole 
>cost of the golf cart? He wasn't the only one, I just saw his report 
>where he parked it on a New York City street and interviewed people,
>while thanking them for buying him a golf cart. The point was to show 
>how stupid government can be with your money.
>There were some that bought the golf cart, the tax payers paid for it, 
>then the owner leased the cart to a golf course.
>  Everyone was happy and the taxpayers were oblivious.
>
>> http://www.foxnews.com/story/2010/02/10/how-did-john-stossel-get-free-golf-cart-from-government.html
>

Cool!  They're street legal, here, too (though they mostly have paths
for them).  There are hundreds of them parked at the high school every
day (only need to be 14YO to drive one on the public streets).

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#432930 — Re: Obama Rebate: too good to be true?

On 10/29/2016 04:46 PM, stacy4linnix@gmail.com wrote:
> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>
> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>

There's a federal tax credit of up to $7500 on certain electric 
vehicles, and depending on the state additional incentives/rebates. For 
example if you buy or lease a new EV in Massachusetts you get a rebate 
check of up to $2500, depending on the vehicle.

Clearly getting 30k back on a car with a ~35k MSRP is impossible, but 
wgat is available is nothing to sniff at - my 2017 Volt is a ~37k MSRP 
car, but the capitalized cost reduction due to the incentives knocks 
that down well into the 20s.

With a lease around $249/mo plus a small down payment that's covered by 
the state rebate (and leaves one with cash left over), factoring in what 
my equivalent fuel costs would be in an ICE car of equivalent type, my 
monthly use cost is less than some people's cell phone bills.

~$20-25/month was the average for my gas/electric operating costs on my 
(former) 2015, for about 1k miles of combined city/highway driving. Plus 
about $40 a month for the comprehensive insurance required on a lease 
thru GEICO.

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#433018 — Re: Obama Rebate: too good to be true?

bitrex wrote...
>
> stacy4linnix@gmail.com wrote:
>>
>> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>
> Clearly getting 30k back on a car with a ~35k MSRP
> is impossible ...

 I got $10k back after paying for my $34k solar
 roof.  But that wasn't an Obama rebate, it was
 from the Republican house and senate, matching
 a change in the law to allow exporting U.S. oil.


-- 
 Thanks,
    - Win

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#433171 — Re: Obama Rebate: too good to be true?

On 10/29/2016 8:55 PM, bitrex wrote:
> On 10/29/2016 04:46 PM, stacy4linnix@gmail.com wrote:
>> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>>
>>
>> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>>
>
> There's a federal tax credit of up to $7500 on certain electric
> vehicles, and depending on the state additional incentives/rebates. For
> example if you buy or lease a new EV in Massachusetts you get a rebate
> check of up to $2500, depending on the vehicle.
>
> Clearly getting 30k back on a car with a ~35k MSRP is impossible, but
> wgat is available is nothing to sniff at - my 2017 Volt is a ~37k MSRP
> car, but the capitalized cost reduction due to the incentives knocks
> that down well into the 20s.
>
> With a lease around $249/mo plus a small down payment that's covered by
> the state rebate (and leaves one with cash left over), factoring in what
> my equivalent fuel costs would be in an ICE car of equivalent type, my
> monthly use cost is less than some people's cell phone bills.
>
> ~$20-25/month was the average for my gas/electric operating costs on my
> (former) 2015, for about 1k miles of combined city/highway driving. Plus
> about $40 a month for the comprehensive insurance required on a lease
> thru GEICO.
>
  Here's the info for a guy that bought a Nissan Leaf with a sticker 
price of $35,445 for a total out of pocket of $16,000.
> http://www.mrmoneymustache.com/2016/10/04/so-i-bought-an-electric-car/

Detailed here;

     Sticker Price (from the car window): $35,445
     Dealer Handling Fee (aka more profit margin) added in: $600
     Assorted Discounts from Dealer: (-4500)
     Hard-to-Explain Discount from Nissan Finance: (-6000)
     Federal Tax Credit: (-7500)
     Colorado State Tax Credit: (-4653)

Sorta Net Price of Car: $13,391

However, it’s not quite that good, because many of these discounts are 
taken only after you pay sales tax on the full price of the car ($31,544 
in this case). In my region, sales tax is about 8.26%, so I paid $2605 
of tax. About $1500 more than you’d pay on a car that was really priced 
at 14 grand.

So my total out-of-pocket cost with tax will be $16,000, which is 
equivalent to buying a brand-new car with a list price of $14,775.
                                                Mikek

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#433178 — Re: Obama Rebate: too good to be true?

On 10/31/2016 01:19 PM, amdx wrote:
> On 10/29/2016 8:55 PM, bitrex wrote:
>> On 10/29/2016 04:46 PM, stacy4linnix@gmail.com wrote:
>>> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>>>
>>>
>>>
>>> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>>>
>>
>> There's a federal tax credit of up to $7500 on certain electric
>> vehicles, and depending on the state additional incentives/rebates. For
>> example if you buy or lease a new EV in Massachusetts you get a rebate
>> check of up to $2500, depending on the vehicle.
>>
>> Clearly getting 30k back on a car with a ~35k MSRP is impossible, but
>> wgat is available is nothing to sniff at - my 2017 Volt is a ~37k MSRP
>> car, but the capitalized cost reduction due to the incentives knocks
>> that down well into the 20s.
>>
>> With a lease around $249/mo plus a small down payment that's covered by
>> the state rebate (and leaves one with cash left over), factoring in what
>> my equivalent fuel costs would be in an ICE car of equivalent type, my
>> monthly use cost is less than some people's cell phone bills.
>>
>> ~$20-25/month was the average for my gas/electric operating costs on my
>> (former) 2015, for about 1k miles of combined city/highway driving. Plus
>> about $40 a month for the comprehensive insurance required on a lease
>> thru GEICO.
>>
>  Here's the info for a guy that bought a Nissan Leaf with a sticker
> price of $35,445 for a total out of pocket of $16,000.
>> http://www.mrmoneymustache.com/2016/10/04/so-i-bought-an-electric-car/
>
> Detailed here;
>
>     Sticker Price (from the car window): $35,445
>     Dealer Handling Fee (aka more profit margin) added in: $600
>     Assorted Discounts from Dealer: (-4500)
>     Hard-to-Explain Discount from Nissan Finance: (-6000)
>     Federal Tax Credit: (-7500)
>     Colorado State Tax Credit: (-4653)
>
> Sorta Net Price of Car: $13,391
>
> However, it’s not quite that good, because many of these discounts are
> taken only after you pay sales tax on the full price of the car ($31,544
> in this case). In my region, sales tax is about 8.26%, so I paid $2605
> of tax. About $1500 more than you’d pay on a car that was really priced
> at 14 grand.
>
> So my total out-of-pocket cost with tax will be $16,000, which is
> equivalent to buying a brand-new car with a list price of $14,775.
>                                                Mikek

Here's your new car with a list price of $14,775. Enjoy!

http://www.topgear.com/sites/default/files/styles/16x9_640w/public/cars-road-test/image/2015/02/Large%20Image%20(optional)_164.jpg

(and you still have to pay ~$2.25/gal to fuel it)

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#433180 — Re: Obama Rebate: too good to be true?

On 10/31/2016 1:12 PM, bitrex wrote:
> On 10/31/2016 01:19 PM, amdx wrote:
>> On 10/29/2016 8:55 PM, bitrex wrote:
>>> On 10/29/2016 04:46 PM, stacy4linnix@gmail.com wrote:
>>>> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>>>>
>>>>
>>>>
>>>>
>>>> Can i buy an EV (i.e. GM Bolt) and get 30K back?
>>>>
>>>
>>> There's a federal tax credit of up to $7500 on certain electric
>>> vehicles, and depending on the state additional incentives/rebates. For
>>> example if you buy or lease a new EV in Massachusetts you get a rebate
>>> check of up to $2500, depending on the vehicle.
>>>
>>> Clearly getting 30k back on a car with a ~35k MSRP is impossible, but
>>> wgat is available is nothing to sniff at - my 2017 Volt is a ~37k MSRP
>>> car, but the capitalized cost reduction due to the incentives knocks
>>> that down well into the 20s.
>>>
>>> With a lease around $249/mo plus a small down payment that's covered by
>>> the state rebate (and leaves one with cash left over), factoring in what
>>> my equivalent fuel costs would be in an ICE car of equivalent type, my
>>> monthly use cost is less than some people's cell phone bills.
>>>
>>> ~$20-25/month was the average for my gas/electric operating costs on my
>>> (former) 2015, for about 1k miles of combined city/highway driving. Plus
>>> about $40 a month for the comprehensive insurance required on a lease
>>> thru GEICO.
>>>
>>  Here's the info for a guy that bought a Nissan Leaf with a sticker
>> price of $35,445 for a total out of pocket of $16,000.
>>> http://www.mrmoneymustache.com/2016/10/04/so-i-bought-an-electric-car/
>>
>> Detailed here;
>>
>>    " Sticker Price (from the car window): $35,445
>>     Dealer Handling Fee (aka more profit margin) added in: $600
>>     Assorted Discounts from Dealer: (-4500)
>>     Hard-to-Explain Discount from Nissan Finance: (-6000)
>>     Federal Tax Credit: (-7500)
>>     Colorado State Tax Credit: (-4653)
>>
>> Sorta Net Price of Car: $13,391
>>
>> However, it’s not quite that good, because many of these discounts are
>> taken only after you pay sales tax on the full price of the car ($31,544
>> in this case). In my region, sales tax is about 8.26%, so I paid $2605
>> of tax. About $1500 more than you’d pay on a car that was really priced
>> at 14 grand.
>>
>> So my total out-of-pocket cost with tax will be $16,000, which is
>> equivalent to buying a brand-new car with a list price of $14,775."
>>                                                Mikek
>
> Here's your new car with a list price of $14,775. Enjoy!
>
> http://www.topgear.com/sites/default/files/styles/16x9_640w/public/cars-road-test/image/2015/02/Large%20Image%20(optional)_164.jpg
>
>
> (and you still have to pay ~$2.25/gal to fuel it)

   Reread the post and/or article, this time slow down and try to 
comprehend the point of the authors line;
   "So my total out-of-pocket cost with tax will be $16,000, which is
equivalent to buying a brand-new car with a list price of $14,775."
                           Mikek

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#433097 — Re: Obama Rebate: too good to be true?

On 10/29/2016 4:46 PM, stacy4linnix@gmail.com wrote:
> http://pro.oxfordclub.com/A4DTAX0416TO79OXFLTBRKCAMALE4IUPS4/POXFSA03/?h=true
>
> Can i buy an EV (i.e. GM Bolt) and get 30K back?

I'm not sure about the second part of that question, but I think the 
answer to the first part is "no".  I've been patrolling the Chevy 
dealers around here and they can't even talk to me about the Bolt yet. 
Looking online I see no indication a typical consumer will be able to 
buy a Bolt any time this year.

:(

-- 

Rick C

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