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Discussion Starter · #1 ·
Just got notified by Ford that the ordered Mustang Mach E (MME) has come to life (modules populated & showing in my Ford Pass app).

Good news for us because this was originally a 2022 ordered base Select MME in April 2022.

Due to parts shortages and chip holds, the build was never started.

Got notified by Ford in August that the '22 was going to become a '23.

Had to resubmit my order due to color being dropped and options no longer available.

Sept 2022 order was sent by the dealer to Ford, accepted in COVP, and scheduled for build w/ VIN #.

Window sticker arrived last week and just got notified of build modules communicating to my app.

Bad news was this vehicle will be delivered in 2023 which means half tax credit.

At least Ford was gracious to offer a rebate ($6,000) to offset the price increase from '22 to '23.

Here she is - 2023 MME Premium RWD Standard Range 70kW battery:
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Discussion Starter · #3 ·
$50,275 (your noted $6k off for the delay) is awesome. That wait and current pricing…. Hmmm. May have to do some careful thinking about the VF8…..
The MME will effectively cost around $42,000 after the rebates, tax credit, and Ford Pass points credit.

I have $1000 in Ford credit I am going to use against the MME purchase.

And the state rebate of $2000 (CVRP) and next year's fed tax credit of $3750 to be applied during 2023 with a lower W4 withholding will be nice.

And the best is being able to leverage Ford Options (Balloon Financing w/ lease terms) - $2000 incentive + 4% rate.

$42K for an EV that also gets me the HOV carpool exemption sticker makes it perfect!

This MME comes out $15K less than the Lightning I currently drive.
 

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Discussion Starter · #4 ·
Whoa, my Ford might be arriving sooner than originally expected!

Just got word that my MME has been built yesterday!

Now waiting for shipment from Mexico to Mira Loma.

If it arrives before the end of the month, it will qualify for the full $7500 tax credit!!!

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Discussion Starter · #6 ·
Congratulations on the good news it will come soon. About the tax credit I saw it took effect back in August, but I didn’t read the details carefully…
The federal tax credit is not set in stone yet, as Treasury & IRS are still interpreting as well as weighing in requests for waivers on the battery sourcing/assembly.

So my Mustang may get half (made in North America), and may get the other half if IRS rules in favor of the manufacturer waivers.

Just got official email from Ford for delivery first part of January 2023.

Really hoping somehow it shows up by 12/31/22:

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So my Mustang may get half (made in North America), and may get the other half if IRS rules in favor of the manufacturer waivers.
Made in NA gets you $0, but is required before you can qualify for:
  • $3,750 if the manufacturer can document the value and source of the critical minerals
  • another $3,750 if they can do the same for the battery components
 

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Discussion Starter · #8 ·
Finally showing shipped from Ford on their tracker.

Fellow MME forum members with same build dates for CA say theirs is already in Kansas City, MO and now heading west on UP rail.

Thanks to the new IRS ruling to waive the battery mineral / sourcing / assembly tax credit stipulations - I will be eligible for the full tax credit ($7500) when it arrives in January 2023.

This means the MME will cost $39K after the state rebates, $7500 tax credit, and Ford Pass points credit.


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Thanks to the new IRS ruling to waive delay the battery mineral / sourcing / assembly
The assembly requirement is still in place, but the current formula for the tax credit amount will remain in place until the new guidelines are issued:
  • Minimum of a 5kWh battery pack = $2,917
  • $417/kWh for packs > 5kWh
  • Capped at $7,500
 

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Discussion Starter · #10 ·
Had a bit of a scare yesterday when IRS published the new tax credits for 2023 delivery of EVs.
Manufacturers and Models for New Qualified Clean Vehicles Purchased in 2023 or After | Internal Revenue Service

IRS said the Mustang Mach E is a "car / sedan" class and therefore the maximum MSRP is $55K.

Because of this, I thought my $56,275 MSRP window sticker EV was no go for the full $7500 if I take delivery in early 2023 (before the battery mineral/assembly ruling).

My heart sank, but when I posted on the MME message forum, I got a lot of help understanding that the IRS says the price of the EV before delivery/destination fee is what they look at.

IRS' wording:
"MSRP is the retail price of the automobile suggested by the manufacturer, including options, accessories and trim but excluding destination fees. It isn't necessarily the price you pay."

So lo and behold, my $54,975 before the $1300 D&D fee complies and qualifies for the full tax credit in 2023!
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This still assumes I get the vehicle before March 2023.

Ford chat said, my MME will arrive in mid January.

I feel bad for the folks who ordered higher trims/options that pushes their MME over the $55K mark...
 

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Had a bit of a scare yesterday when IRS published the new tax credits for 2023 delivery of EVs.
Manufacturers and Models for New Qualified Clean Vehicles Purchased in 2023 or After | Internal Revenue Service

IRS said the Mustang Mach E is a "car / sedan" class and therefore the maximum MSRP is $55K.

Because of this, I thought my $56,275 MSRP window sticker EV was no go for the full $7500 if I take delivery in early 2023 (before the battery mineral/assembly ruling).

My heart sank, but when I posted on the MME message forum, I got a lot of help understanding that the IRS says the price of the EV before delivery/destination fee is what they look at.

IRS' wording:
"MSRP is the retail price of the automobile suggested by the manufacturer, including options, accessories and trim but excluding destination fees. It isn't necessarily the price you pay."

So lo and behold, my $54,975 before the $1300 D&D fee complies and qualifies for the full tax credit in 2023!
View attachment 1218

This still assumes I get the vehicle before March 2023.

Ford chat said, my MME will arrive in mid January.

I feel bad for the folks who ordered higher trims/options that pushes their MME over the $55K mark...
Yup. You might be able to buy a lower trim level, to get below the $55k, then use the $7.5k to add on the skipped features, and still save a little.
 

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Discussion Starter · #12 ·
Yup. You might be able to buy a lower trim level, to get below the $55k, then use the $7.5k to add on the skipped features, and still save a little.
Yes, the lower trim is Select RWD and Select AWD which also is under the $55K max.

My Premium trim (base) is just $25 under the max - whew!

What luck I had ordering this EV.

With the following monies to receive - my net cost is $39K for a $56K vehicle (before tax, title, license, reg, etc).

  • $6500 Transitional Private Cash (Ford)
  • $7500 Fed tax credit (IRS)
  • $2000 CVRP (California)
  • $1000 Ford Pass App points (Ford VISA)
  • $750 CCFR (California Clean Fuel Rewards POS)
 

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Yes, the lower trim is Select RWD and Select AWD which also is under the $55K max.

My Premium trim (base) is just $25 under the max - whew!

What luck I had ordering this EV.

With the following monies to receive - my net cost is $39K for a $56K vehicle (before tax, title, license, reg, etc).

  • $6500 Transitional Private Cash (Ford)
  • $7500 Fed tax credit (IRS)
  • $2000 CVRP (California)
  • $1000 Ford Pass App points (Ford VISA)
  • $750 CCFR (California Clean Fuel Rewards POS)
Woo hoo!

I was able to buy a '21 Chevy Bolt Premier for $29k OTD, with several incentives. MSRP of $40k+.
 

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Discussion Starter · #14 ·

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My son and I have been trying to convince my wife to get a Model Y (7 seater) but she doesn’t seem willing. Still bitter about the LR RWD cancellation I guess, also she knows I really like the self driving option but doesn’t like the hefty $15k price tag, (about double what she originally reserved it for).

Aren’t you taking delivery anytime now?
 

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My son and I have been trying to convince my wife to get a Model Y (7 seater) but she doesn’t seem willing. Still bitter about the LR RWD cancellation I guess, also she knows I really like the self driving option but doesn’t like the hefty $15k price tag, (about double what she originally reserved it for).

Aren’t you taking delivery anytime now?
So-called "self-driving"...isn't. Anyone who depends on it to keep them safe is delusional. (I'm looking at you, Elon!)
 

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Discussion Starter · #17 ·
My son and I have been trying to convince my wife to get a Model Y (7 seater) but she doesn’t seem willing. Still bitter about the LR RWD cancellation I guess, also she knows I really like the self driving option but doesn’t like the hefty $15k price tag, (about double what she originally reserved it for).

Aren’t you taking delivery anytime now?
Your wife should look at the '23 Mustang EV - it's so unique and better built than the Teslas.

It's been a real long road - 10 months now since ordering in April 2022.

Looking like mid February delivery if all goes well.

Must get it delivered before March when the IRS rules on the battery source / mineral / assembly (currently have waiver).

Hoping to get it by March to enjoy the full Fed tax credit of $7500 plus $10,500 discount, $2000 CVRP, $2000 Ford Options, $1000 Ford pass points.

Net cost before TTL: $34K

New window sticker is being generated to reflect the lower price.

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Thank you for the suggestion.

I’ve been trying to stick with the 7 seater PHEV or BEV options to help limit the amount of research I’d have to do (if I were to open up the 5 seater realm). I’m sure my wife is doing her own research as well, someone we know recently got an ID.4 which I was surprised to find out is made here in the USA, and hence has qualified him for the tax credit. My wife was telling me about an EV6 email she got regarding the fast GT version. She liked that it was compared to a Ferrari in speed, as she has a friend who’s husband has a Ferrari, (as well as a McLaren, etc).

I would guess an order placed now would have a long wait. While we are still waiting for early reservations for a VinFast they may be the earliest options we get to take delivery. I saw some chatter online about the Cybertruck getting a new iteration of self driving hardware, but looks like that will likely start next year.

Regarding the tax credit even though I stopped working in 2020 I’m not sure if we will qualify as she earns a pretty penny to be honest…
 

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Discussion Starter · #19 ·
Thank you for the suggestion.

I’ve been trying to stick with the 7 seater PHEV or BEV options to help limit the amount of research I’d have to do (if I were to open up the 5 seater realm). I’m sure my wife is doing her own research as well, someone we know recently got an ID.4 which I was surprised to find out is made here in the USA, and hence has qualified him for the tax credit. My wife was telling me about an EV6 email she got regarding the fast GT version. She liked that it was compared to a Ferrari in speed, as she has a friend who’s husband has a Ferrari, (as well as a McLaren, etc).

I would guess an order placed now would have a long wait. While we are still waiting for early reservations for a VinFast they may be the earliest options we get to take delivery. I saw some chatter online about the Cybertruck getting a new iteration of self driving hardware, but looks like that will likely start next year.

Regarding the tax credit even though I stopped working in 2020 I’m not sure if we will qualify as she earns a pretty penny to be honest…
In your situation, your wife should look at the Mustang GT-PE - very sports orientated with Magenride suspension and beats most Teslas.

The iD4 started manufacturing in Tennessee recently.

Have you looked at VinFast offering a lease where they kick back the $7500 tax credit in the form of cap cost reduction?
Many non North American made EVs are able to bypass the tax credit because of IRS 45W which allows leasing companies to capture the tax credit regardless of manufactured location, MSRP, income, etc...
Many German companies are offering the $7500 discount for leases on EV: Audi, VW, Chrysler, Mercedes, Volvo / Polestar.
 
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