Mopar Insiders Forum

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Rivian, Lucid Tell Reservation Holders To Sign Binding Agreements

redriderbob

Mopar Guru!
Staff member
Joined
Apr 21, 2018
Messages
5,110
Reaction score
3,761
Location
Metro Detroit

Rivian, Lucid Tell Reservation Holders To Sign Binding Agreements​

In doing so before the Inflation Reduction Act is passed, customers can remain eligible for the current $7,500 tax credit.​


Earlier this week, Fisker announced its reservation holders that it found a loophole allowing them to benefit from the full $7,500 tax credit before the Inflation Reduction Act goes into effect.

According to Fisker, the bill's "Transition Rule" could work in favor of current reservation holders if they enter into a binding contract before the Inflation Reduction Act goes into law. Essentially, a taxpayer who has entered into a new vehicle contract before the new law is passed could be treated as a customer ordering a vehicle while the previous bill was still in place.

 

Users who are viewing this thread

Top