Unless California is different in some fashion from all the other states, this should be the question? Has the MSO ever been surrendered? If the car still has an MSO, then you would be the first title holder and would get the tax credits. Anything else is, NOPE.The red base unit was exactly what I was looking for, and Rick offered a terrific deal on it. I'd have been there this morning with cash in hand but for one fly in the ointment: the car has been registered to the dealer, and Rick couldn't assure me that it would qualify as a new car and thus qualify for the government rebates: $1500 from the state of California and $7500 from the Fed.
Without the rebates, this used car would cost me $650 more than a new one!
I know this issue has been examined here before, but I never found a definitive answer. I've found anecdotes about "it worked for me," but with $9000 at stake, I'm not willing to chance it.
I can't speak for the state rebate, but I can speak for the federal rebate. The car can be labled used, but it is the MSO that determines if the car has had a title holder. My car was sold as used, but the MSO had never been surrendered, which makes me the original Title Holder. Don't know what Keyes did, but if they had to surrender the MSO to register it then yes it would not qualify for the federal tax credit. Really, the MSO is the only true way to know if you are the original title holder.I did speak with someone with California's rebate program and she was unequivocal about it: If the car's been registered, even to a dealer, it's now considered a "used car" and does not qualify for the rebate. Sad.
Perfectly natural for you to not know what an MSO is. With buying a car, this was never an issue UNTIL the federal tax credit came into play. I specifically called the IRS about this and talked to them before I purchased mine way back in the dayFirst, I had to Google "MSO." I've been buying cars for decades and I've never encountered an MSO. It simply hasn't figured into the process in any way that was noticeable to me.
I guess car dealers know what it is.
Now, if the car dealer can assure me that I'll get the tax credit with an MSO, I might (MIGHT) go for that. The problem I have is finding anything in writing about the Federal Tax Credit that mentions MSO's.
Then, when I talk with someone with the State program, they also don't mention MSO's, only registration, and tell me that, no, the car doesn't qualify for the rebate.
That leaves me in a very tenuous situation. I've dealt with the government enough to know how arbitrary they can be, especially if I can't point to a particular and very specific sentence in a document that sets out what the rules are, and even then the outcome depends a lot on who you're talking to (as anyone who's ever talked to the IRS looking for clarification on a tax rule knows--you can talk to three agents and get three different answers).
It often seems to be that it's dicey enough getting what's clearly yours from the government without entering into situations where they can arbitrarily say no, leaving you with no recourse. I'm afraid that if I tried to protest, "But I have an MSO!" the person I was talking with would be as unfamiliar with MSO's as I am.
So, I appreciate Rick's coming onto the forum to offer deals, and I may very well buy a NEW Volt from Rick at some future date, but I can't see taking a $9000 risk on a service loaner, not without getting it somehow approved in advance for the rebates.
The Tax Rebate (Federal) only goes to the original title holder. The MSO must be surrendered to apply for the original title. If a car dealership still has the MSO, it is good to go as far as the IRS is concerned. If the MSO has been surrendered, then the car does not qualify for the federal tax credit.Although the MSO would help determine if the vehicle has been registered, the practical issue for both CA and Federal is whether the dealer, or anyone else, claimed the rebate or tax credit. Both the state and IRS run a check to see if the VIN has been issued a rebate or tax credit.
Interesting. We bought a 2017 Volt that was a service loaner. It was registered, but never titled. My conversation with the dealership went something like this:I did speak with someone with California's rebate program and she was unequivocal about it: If the car's been registered, even to a dealer, it's now considered a "used car" and does not qualify for the rebate. Sad.
Actually, that doesn't help at all. So, how can a consumer tell if the car has never been titled in California? Are you saying that MSO/MCO are not important in California? I find your post terribly confusing. As a dealer you should EASILY be able to tell a customer if the car has ever been titled, which in turn would allow the customer to know if the car qualifies for the federal tax credit. I would consider anything else to just be sleazy...Actually, California is not an MSO state so we never have to surrender and can always order from Chevy. We do not claim and have never claimed any State or Fed rebates on any of our vehicles. We also refuse to give advise and ask our customers to check with their own accountants or such to be certain what is available to them. This has always kept me out of hot water. This happens to be why we lease the majority of service loaners. Our leasing company obviously collects on the Fed rebate and offers us the same deals to pass on to the customers. The factory passes on some additional savings for the DRAC program and I pass on to my customers. Thus the Volt wheel keeps turning. I hope that helps a bit?
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