Ford has officially raised their Lightning pricing

192.168.1.1

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Translation,
"We are not going to give you the ev credit. We are going to raise price accordingly so we can keep credit for ourselves".
Hahah this was exactly what I was going to say... It is fitting that the price "Increase" happens to be the same amount as the proposed EV credit...UAW is so corrupt.

Considering even the battery pack/materials need to be harvested in the US, even fewer EV cars will be eligible for the EV Tax Credit.
 


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greggertruck

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I think this was already a go, board has to vote or whatever to approve this stuff.

The bad part, there will be another raise if they're truly capturing the IRA credit.
 

Crissa

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Translation,
"We are not going to give you the ev credit. We are going to raise price accordingly so we can keep credit for ourselves".
They still had the old credit.

This pushes many of them above the price limit.

-Crissa
 
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anionic1

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Translation,
"We are not going to give you the ev credit. We are going to raise price accordingly so we can keep credit for ourselves".
My thoughts exactly. Isn't it interesting that these increases come right after the bill gets approval...

Just a clear reminder of how the free market works.
 

android04

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The old credit is used up with mach e i thought.
Ford is not expected to reach the 200k qualifying vehicles sold until later this year or early 2023. That would trigger cutting the older tax credit as follows: full credit for two quarters, cut in half to $3750 for two quarters, cut in half again to $1875 for two quarters, and nothing after that. Most of Ford's qualifying sales were "wasted" on hybrids before the Mach-E even existed.

Tesla reached the 200k qualifying vehicles milestone first in July of 2018, followed by GM in December 2019, followed by Toyota in June 2022. Toyota will still qualify for the full tax rebate until end of September 2022, half of the rebate until March 2023, a quarter of the rebate until September 2023, and no tax rebate in October 2023 and after. The next company to reach the milestones will be Ford, followed by Nissan or BMW.

Keep in mind that all the info above is about the older federal tax credit that goes to a qualifying customer when they do their federal income tax returns. The new EV incentives work differently and are separate from the older tax credits, so some manufacturers that lagged behind in EVs or hybrids will have the advantage of qualifying for both the old and new incentives.

https://www.tesla.com/blog/what-you-need-know-about-federal-ev-tax-credit-phase-out

https://www.motortrend.com/news/gm-...n-be-exempt-from-the-full-federal-tax-credit/

https://www.cnbc.com/2022/07/06/toyota-joins-tesla-and-gm-in-losing-federal-ev-tax-credits.html

https://fordauthority.com/2022/05/f...pects-ev-tax-credits-to-dry-up-by-early-2023/

https://fueleconomy.gov/feg/taxevb.shtml

https://evadoption.com/ev-sales/federal-ev-tax-credit-phase-out-tracker-by-automaker/
 

charliemagpie

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Pro Trailer Backup Assist™ with Trailer Reverse Guidance
Credit to Ford for having such a feature, but Tesla is so disruptive, it would be demoralizing to be headed in every area. I do feel for them.
It will look like 1945 technology once the CT comes out.


 

 
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