I wonder how the increased rebates will affect depreciation? The fed amount is already a big impact on depreciation value (but in almost all cases, people are offsetting their taxes).
CA Rebate changes from Nov.1st 2016
https://cleanvehiclerebate.org/eng/income-eligibility
So as I read this:
If income less than:
Household Size 300% FPL
1 $35,640
2 $48,060
3 $60,480
4 $72,900
5 $85,320
6 $97,740
7 $110,190
8 $122,670
Rebate on Bolt $4500 - Rebate on Volt $3500 (Better by $500 compared to now)
If income higher than above BUT lower than:
$150,000 for single filers
$204,000 for head-of-household filers
$300,000 for joint filers
Your rebate is $2500 for Bolt and $1500 for Volt (Same as now)
If income higher than above:
Your rebate is $0 for Bolt and $0 for Volt (negative for 150k-250k single filers and 300k-500k joint filers).
Did I read this right?
To me this seems overall negative news (especially for Tesla buyers
)
So as I read this:
If income less than:
Household Size 300% FPL
1 $35,640
2 $48,060
3 $60,480
4 $72,900
5 $85,320
6 $97,740
7 $110,190
8 $122,670
Rebate on Bolt $4500 - Rebate on Volt $3500 (Better by $500 compared to now)
If income higher than above BUT lower than:
$150,000 for single filers
$204,000 for head-of-household filers
$300,000 for joint filers
Your rebate is $2500 for Bolt and $1500 for Volt (Same as now)
If income higher than above:
Your rebate is $0 for Bolt and $0 for Volt (negative for 150k-250k single filers and 300k-500k joint filers).
Did I read this right?
To me this seems overall negative news (especially for Tesla buyers
)
