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$7500 tax credit for 2013

Discussion in 'Chevrolet Volt' started by Paradox, Dec 30, 2012.

  1. Paradox

    Paradox Prius Enthusiast / Moderator
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    So does anyone know if the $7500 tax credit is approved for 2013 for cars such as the Volt already? Like, even if we do/do not go 'over the cliff', is it a guarantee that if one were to buy a Volt (or even a PiP with the $2500 credit) in 2013 the credit will still be available?
     
    #1 Paradox, Dec 30, 2012
  2. priuskitty

    priuskitty PIP FAN

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    Wasn't there a quota of so many plug in's be sold before the credit expires?
     
    #2 priuskitty, Dec 30, 2012
  3. Paradox

    Paradox Prius Enthusiast / Moderator
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    I do not know, I'd just like to know if the credit has been approved for 2013 basically.
     
    #3 Paradox, Dec 30, 2012
  4. jadziasman

    jadziasman Prius owner emeritus

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    #4 jadziasman, Dec 30, 2012
  5. priuskitty

    priuskitty PIP FAN

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    The credit will begin to be phased out for each manufacturer in the second quarter following the calendar quarter in which a minimum of 200,000 qualified plug-in electric drive vehicles have been sold by that manufacturer for use in the United States
     
    #5 priuskitty, Dec 30, 2012
  6. Paradox

    Paradox Prius Enthusiast / Moderator
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    Thanks kitty, but that doesn't really answer my question. Has there been 200,000 Volts sold? I don't know which is why I asked in the Volt forum. I've no idea how many Volts Chevy has sold. And with the time I've been replying now i could have just googled it lmao.
     
    #6 Paradox, Dec 30, 2012
  7. priuskitty

    priuskitty PIP FAN

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    beat you to it, lol
    Since sales began in December 2010, a total of 28,825 Volts have been sold in the country through November 2012,[
     
    #7 priuskitty, Dec 30, 2012
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  8. ItsNotAboutTheMoney

    ItsNotAboutTheMoney EditProfOptInfoCustomUser Title

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    Not anywhere near 200k. Only been on sale 2 years and they've never hit 3k/mo.
     
    #8 ItsNotAboutTheMoney, Dec 30, 2012
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  9. Zythryn

    Zythryn Senior Member

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    If there had been 200,000 Volts sold John would have had a heart attack;-P
    About 25,000 this year, I believe 7,500 last, so about 32,500 overall.
     
    #9 Zythryn, Dec 30, 2012
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  10. Paradox

    Paradox Prius Enthusiast / Moderator
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    Sounds good, thanks to you three :) I was afraid that maybe this fiscal cliff thing could maybe negate the whole credit in general irregardless of sales.
     
    #10 Paradox, Dec 30, 2012
  11. JimN

    JimN Let the games begin!

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    Legislation can pass at any time to repeal a credit. Those who want to plug tax loopholes only need to stick one sentence into something that is guaranteed to pass, say a Defense Dept. appropriations bill, or a bill to raise the debt limit.
     
    #11 JimN, Dec 30, 2012
  12. dbcassidy

    dbcassidy Toyota Hybrid Nation, 8 Million Strong

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    If 200k Volts had been sold, that would be fantastic.

    But sadly, no where near that number. Perhaps 2013 will generate much higher numbers?

    DBCassudy
     
    #12 dbcassidy, Dec 31, 2012
  13. scottf200

    scottf200 Member

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    Here is a good place to follow the yearly and montly sales:
    Chevrolet Volt Sales Figures - GOOD CAR BAD CAR
     
    #13 scottf200, Jan 5, 2013
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