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Excellent point on the torque and agreed. Honest question on the tax credit giveaway to the rich comment. I hear this a lot what’s the rich guy angle here I don’t know all the tax schemes people think up?

Under current IRS guidelines the adjusted gross income (AGI) amount to be able to get credit must be below $300,000. For a joint return.

The base (I’m assuming) vehicle cost must be less than $55,000 for a car and $80,000 for a Truck or SUV. Not all models will qualify for the max 7500 credit.

Only vehicles that have final assembly in North America qualify.

Batteries must be made with Minerals from Nations that have US Trade agreements and battery parts must be made in US, Canada, or Mexico.

[QUOTE="AC4400, post: 1817200, member: 35781"] Excellent point on the torque and agreed. Honest question on the tax credit giveaway to the rich comment. I hear this a lot what’s the rich guy angle here I don’t know all the tax schemes people think up? Under current IRS guidelines the adjusted gross income (AGI) amount to be able to get credit must be below $300,000. For a joint return. The base (I’m assuming) vehicle cost must be less than $55,000 for a car and $80,000 for a Truck or SUV. Not all models will qualify for the max 7500 credit. Only vehicles that have final assembly in North America qualify. Batteries must be made with Minerals from Nations that have US Trade agreements and battery parts must be made in US, Canada, or Mexico. [/QUOTE]

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