Please stop giving wrong information and trying so hard to justify why you chose wisely with your 350 vs the 450, the latter of which you probably would have never been allocated based on how long it took you to finally get your red 350h

Now, that long list you have is absolutely incorrect. The only thing different with 350h vs 450h luxury is ML PR. The digital mirror can be had the the 450h luxury non f sport along with other options.

Lastly, your are soooo wrong on the 7500.00 federal tax credit. You don't know what you're talking about. Toyota never went on a phase out, because Biden placed the Anti inflation act into law on August 16, so none of these 450h vehicles will qualify anyway when sold after that date. The 7500 credit went bye bye months ago.

hope that helps

 

the list wasn't wrong when compiled so grow up and if wrong give corrections. The tax credit is not up to Toyota but governmental limits.

YMMV,
MidCow

 

God give me strength...I told you how you're wrong with the list and examples.

Not up to Toyota? What are you saying? The new 7500 tax credit doesn't apply to the 450h. The law changed on August 16 sweetheart. The 7500, 200k, phase out is the old law and only allows to 450s picked before August 16. If you contacted after then you don't get the 7500 tax credit.

 

Mea Culpa, yes it looks like the $7,500 tax credit will remain but it will be paid for with inflation. I was wrong you were correct. So Toyota will probably contine making the 450h+s and not phase them out.

Yes, it appears some things have changed from the old list, but as I sit listening to splendid ML audio through mu pano roof ( still don't think available on 450h+s) my mind sort of drifts with the music.

Peace brother, I am glad you like your 450h+, great car. But I also like my 350h

YMMV,
MidCow3

 

Regarding the US tax credit...
It is my understanding that if you had a contract/purchase agreement (not a waiting list) on a previously eligible vehicle before the new law was signed you can be 'grandfathered' into the old tax credit rules until the end of the year (?). So, you would get the full $7500 credit if the vehicle was put in service through Sept 30 (half credit after since Toyota exceeded the threshold earlier).

 

No. You have a wrong understanding. You are in good company.

The IRS tax code, under the old law, how to phase out. Toyota reach the 200 units sold in the quarter ending in September 2022, But under the old law, that would give an entire additional quarter to qualify for the $7,500, which means that people who purchased until December 31 2022 would have qualified for the $7,500.

If you have an enforceable contract and you are waiting on the vehicle with a contract that took place before August 16th , then Yes you could take advantage of the and still qualify, but you literally just repeated what I noted in my prior post, with some wrong information added.

 

This explanation is as clear as mud.
https://www.fueleconomy.gov/feg/taxevb.shtml

 

Welcome to the club.

No. Toyota reached the 200k threshold in Q2. So, the credit would have been halved in Q4 as shown in the pic above. (Wasn't sure about the last opportunity to get any credit; hence the (?) in my post.) The pic suggests no credit in Q4 under any circumstances.

I was politely correcting you. If you are going to be rude about correcting people you should be more careful... but, better to just not be rude.

 

No and no

See my post

Thanks

 

God give me strength...I told you how you're wrong...

From https://www.irs.gov/credits-deductio...it-section-30d

Transition Rule for Vehicles Purchased before August 16, 2022

If you entered into a written binding contract to purchase a new qualifying electric vehicle before August 16, 2022, but do not take possession of the vehicle until on or after August 16, 2022 (for example, because the vehicle has not been delivered), you may claim the EV credit based on the rules that were in effect before August 16, 2022.

From July 6 https://www.cnbc.com/2022/07/06/toyo...x-credits.html
Toyota sold its 200,000th plug-in electric vehicle during the second quarter...The winding down of the federal tax credits starts two quarters after an automaker sells 200,000 plug-in vehicles. The value of the tax credit is halved every six months until it hits zero.

Toyota’s wind-down of the credit will begin Oct. 1 [2022] and be complete by October 2023, the company confirmed Wednesday to CNBC.

I guess thanks refusing to admit you were wrong, now I know for sure.