golfcart
Posts: 458
Joined: Mon Jan 04, 2016 6:08 am
Delivery Date: 21 Nov 2015
Location: Virginia Beach, VA

Hypothetical question

Fri Nov 22, 2019 2:59 pm

Hypothetically speaking is there anything illegal about getting a friend in Colorado to buy an ev for me then immediately buying it from him to get the $5000 credit?
2018 SV
Build Date: 2/18
Date in Service: 3/19

goldbrick
Posts: 871
Joined: Tue Aug 01, 2017 3:33 pm
Delivery Date: 01 Aug 2017
Leaf Number: 311806
Location: Boulder, CO

Re: Hypothetical question

Fri Nov 22, 2019 3:23 pm

Theoretically - probably not and certainly not in practice. I never saw my $5000 CO credit as the dealer took it off the purchase price before any other paper work was even started. Ditto for the utility credit which is also available to many here in CO.

Your friend will also probably get the $7500 Fed credit too, though, since the car will be 'used' when you buy it.

joeriv
Posts: 267
Joined: Sun Mar 24, 2013 1:33 pm
Location: Fairfield County CT

Re: Hypothetical question

Sat Nov 23, 2019 3:51 pm

Re the $7,500 tax credit - buyer may not get that - I believe there is a stipulation that you can not turn around and sell the car immediately. It makes sense to avoid gaming the tax law.
2017 Leaf S with QC, JUN mfg date

Triggerhappy007
Posts: 66
Joined: Tue Jan 01, 2019 8:08 pm
Delivery Date: 01 Jan 2019

Re: Hypothetical question

Mon Nov 25, 2019 9:55 am

Yeah, you shouldn't buy it from him immediately, wait at least a month to be safe for the tax credit. Check on CO's rebate terms because I think in CA you have to own it for 2 years and in TX, one year.
2019 Leaf SL ProPilot
2018 Pacifica Hybrid

BrockWI
Posts: 835
Joined: Fri Mar 28, 2014 6:28 am
Delivery Date: 28 Mar 2014
Leaf Number: 423875
Location: Green Bay, WI.
Contact: Website

Re: Hypothetical question

Mon Nov 25, 2019 9:47 pm

I have often wondered about that, if say you lived in Kansas and drove across the state line and bought the car. I had imagined the $5k just wouldn't exist.
2013 S model with QC package Mar of 2013
lost first bar @ 72k
@100k miles - 57.3Ahr - 87.62SOH - 84.13Hx - 241GID
3.3 kw solar pv - XW6048 - eight L16's
4 ton GSHP - 1 ton ASHP
2003 VW TDI 210k miles - 52 mpg lifetime
EVSE level 2 - Clipper Creek HSC-40

goldbrick
Posts: 871
Joined: Tue Aug 01, 2017 3:33 pm
Delivery Date: 01 Aug 2017
Leaf Number: 311806
Location: Boulder, CO

Re: Hypothetical question

Tue Nov 26, 2019 10:59 am

The util rebate was dependent on address. I think I had to bring a bill statement in to prove my utility billing address.

For the CO state rebate, I'm not sure, but it's hard to buy a new car without supplying some sort of legal address and if that address wasn't in CO I think it would raise a lot of flags.

I don't remember any questions about how long I owned the car when I filed my Fed taxes but maybe I just missed it.

Triggerhappy007
Posts: 66
Joined: Tue Jan 01, 2019 8:08 pm
Delivery Date: 01 Jan 2019

Re: Hypothetical question

Tue Nov 26, 2019 11:54 am

goldbrick wrote:
Tue Nov 26, 2019 10:59 am
I don't remember any questions about how long I owned the car when I filed my Fed taxes but maybe I just missed it.
There isn't a question of length of ownership on the federal tax form. Just the date you put the vehicle into service.
2019 Leaf SL ProPilot
2018 Pacifica Hybrid

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