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Reddit Post: "2023 EUV Premier Redline (bought new in 2023) - EVlive says ineligible for tax credit?"

1274 Views 21 Replies 15 Participants Last post by  Ceeotters
There's a post on the /r/BoltEV/ section of Reddit that says they bought a new 2023 EUV Premier Redline that somehow isn't eligible for the tax credit. I'm not a member there, so I haven't discussed it with him. But he states that the dealer told him it wasn't eligible, the form they gave him at purchase says it's not (based on what GM is telling the dealer). He's not talking about him being ineligible due to income, or anything like that. He says when he runs the VIN at EV Tax Credit | Virtual Showroom | EV Live it comes back as ineligible. I don't have his VIN so I can't run it myself.

The Reddit OP said:
I'm hoping this is just a mistake on GM's part, many other sources indicate that it is eligible. Additionally, the window sticker states 58% of parts made in the US. The signed dealer form says it's not eligible since they have to go by what GM says.
They told me it didn't when purchasing, but since it was the weekend they couldn't get ahold of GM. But judging by all the IRS correspondence it should qualify, I was just wondering if anyone else experienced this. It rolled off the line only a couple weeks ago, so maybe EV Live just isn't updated yet.
I do have a written statement from the dealer that says I can return no questions asked if it actually doesn't qualify.
I'm not sure what to think about this. It sounds really fishy. I mean WHY wouldn't a new EUV Premier Redline qualify? When I run my own (new EV 1LT) VIN it says I qualify. When I put in random VINs of 2023 EUV Premier Redline vehicles I find on Chevrolet inventory it says they qualify. How could his not qualify?

Do any of you have a 2023 Bolt that EVLive says doesn't qualify?
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Is it possible that it was a demo vehicle where perhaps the dealership was technically considered the first owner? Or some other situation where the customer isn't technically the first owner?
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Is it possible that it was a demo vehicle where perhaps the dealership was technically considered the first owner? Or some other situation where the customer isn't technically the first owner?
Well he states that it just rolled off the line a few weeks ago. So I don't think that's the issue here.
There's a post on the /r/BoltEV/ section of Reddit that says they bought a new 2023 EUV Premier Redline that somehow isn't eligible for the tax credit. I'm not a member there, so I haven't discussed it with him. But he states that the dealer told him it wasn't eligible, the form they gave him at purchase says it's not (based on what GM is telling the dealer). He's not talking about him being ineligible due to income, or anything like that. He says when he runs the VIN at EV Tax Credit | Virtual Showroom | EV Live it comes back as ineligible. I don't have his VIN so I can't run it myself.



I'm not sure what to think about this. It sounds really fishy. I mean WHY wouldn't a new EUV Premier Redline qualify? When I run my own (new EV 1LT) VIN it says I qualify. When I put in random VINs of 2023 EUV Premier Redline vehicles I find on Chevrolet inventory it says they qualify. How could his not qualify?

Do any of you have a 2023 Bolt that EVLive says doesn't qualify?
Doesnt make sense if it鈥檚 a brand new vehicle. For what it鈥檚 worth I searched my vin and it鈥檚 eligible. 鈥23 EUV purchased in May
I bought my 23 Bolt in January, It was a fleet car, so they said it probably wouldn't be eligible. They ran the vin and it said that it wasn't eligible for the tax credit. While I was at the dealership buying the car they ran it again and it came back eligible and they gave me the paperwork saying so.
I bought my 23 Bolt in January, It was a fleet car, so they said it probably wouldn't be eligible. They ran the vin and it said that it wasn't eligible for the tax credit. While I was at the dealership buying the car they ran it again and it came back eligible and they gave me the paperwork saying so.
Is this how it went? LOL

Is it possible that it was a demo vehicle where perhaps the dealership was technically considered the first owner? Or some other situation where the customer isn't technically the first owner?
It is also possible that the particular Bolt in question did not meet the tax credit eligibility criteria with respect to the source of supply.
It is also possible that the particular Bolt in question did not meet the tax credit eligibility criteria with respect to the source of supply.
Bolts being built with batteries containing two different source materials (i.e., some that qualify for the credit, and others that do not), while not unheard of, would be strange. I guess the idea would be that GM would use non-eligible batteries in, say, fleet Bolts, while eligible battery Bolts would mostly go to individual civilian purchases.

I suppose the rationale would be using the non-eligible Bolt batteries (which may have already been in the supply chain) would be much cheaper for GM. Further, I could easily see these being the batteries that GM was using for the battery replacement recall, and they're just using them up.

Regardless, if it's true that GM is selling non-tax-credit-eligible Bolts to civilians, well, I can't imagine the buyers being very happy about it.
Bolts being built with batteries containing two different source materials (i.e., some that qualify for the credit, and others that do not), while not unheard of, would be strange. I guess the idea would be that GM would use non-eligible batteries in, say, fleet Bolts, while eligible battery Bolts would mostly go to individual civilian purchases.

I suppose the rationale would be using the non-eligible Bolt batteries (which may have already been in the supply chain) would be much cheaper for GM. Further, I could easily see these being the batteries that GM was using for the battery replacement recall, and they're just using them up.

Regardless, if it's true that GM is selling non-tax-credit-eligible Bolts to civilians, well, I can't imagine the buyers being very happy about it.
But in this case the dealer explicitly told the buyer the car wasn't eligible. It seems like from the reddit post that the dealer also guaranteed the credit if it actually wasn't eligible. But good luck waiting until April 2024 and then asking the dealer for the money.

Edit: Dealer didn't guarantee the credit, just said they could return the car no questions asked. But I doubt they will let them wait until tax time.
Just checked our new 2023 EV. It qualifies.
I bought my 23 Bolt in January, It was a fleet car, so they said it probably wouldn't be eligible. They ran the vin and it said that it wasn't eligible for the tax credit. While I was at the dealership buying the car they ran it again and it came back eligible and they gave me the paperwork saying so.
What paperwork? All my paperwork is the contract, the odometer notice (for my trade-in), and my extended warranty stuff. My VIN does clear the link on here. But do I need some particular form?
We went to the dealer to buy a new Bolt, we under the impression there were no more tax credits for Bolts. We didn鈥檛 care about that. The salesman informed us the Bolt 鈥渕ay鈥 be eligible depending on certain IRS definitions to come. We figure, no, they won鈥檛 qualify for credits. We wanted a Bolt regardless of tax incentives. Now it appears our Bolt will qualify. Eureka!

It鈥檚 a terrific car, and would be so without any tax credits.

But we鈥檙e happy to get the tax credit, if it actually happens. We will find out next year.
What paperwork? All my paperwork is the contract, the odometer notice (for my trade-in), and my extended warranty stuff. My VIN does clear the link on here. But do I need some particular form?
The dealer should have filled out and given you the attached form.

Attachments

Detroit model year versus calendar year?
FROM THE LINK:
EV tax credit does not apply to used vehicles, leased vehicles or vehicles sold for commercial use.
The dealer should have filled out and given you the attached form.
Well, that's interesting. I just called the dealer and the receptionist said to her knowledge it went with the contract and we aren't eligible. What the fudge? I said nothing shows on the contract that they deducted $7500. She said no they wouldn't. It made no sense. She sent me to a manager, but I just left a voice mail. That's a wad of money off our taxes. Something stinks in Tempe.
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Well, that's interesting. I just called the dealer and the receptionist said to her knowledge it went with the contract and we aren't eligible. What the fudge? I said nothing shows on the contract that they deducted $7500. She said no they wouldn't. It made no sense. She sent me to a manager, but I just left a voice mail. That's a wad of money off our taxes. Something stinks in Tempe.
The paperwork I received is the same as the form posted by jreddington. Initally I was given one that had the "NO" box checked, Then when they ran the vin again they tore that one up an gave me the form filled out with "YES" checked. That didn't take $7500.00 off of my purchase price. I will file that form with my 2023 taxes and the $7500.00 will apply towards my tax debt for 2023. Also if that money covers your tax debt with surplus, the excess just goes away. You don't get it back. Your dealer should have provided you with this form, either checked yes or no.
The paperwork I received is the same as the form posted by jreddington. Initally I was given one that had the "NO" box checked, Then when they ran the vin again they tore that one up an gave me the form filled out with "YES" checked. That didn't take $7500.00 off of my purchase price. I will file that form with my 2023 taxes and the $7500.00 will apply towards my tax debt for 2023. Also if that money covers your tax debt with surplus, the excess just goes away. You don't get it back.
I've left messages with two people there. They probably just need to send me the form. We got the car April 10th, so it was when the rules were in limbo.
The dealer should have filled out and given you the attached form.
I finally talked to someone today and he said they did the form and sent it in and I didn't need to do anything except work with my "tax guy". That would be Mr. TurboTax. Looking at the IRS form it doesn't say anything about info from the dealer, so I'm good?
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