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EV Credit Transition Rule
I booked a Santa Fe plug in hybrid in June 2022 assuming I could get the federal tax credit. When I actually got the car, it was 08/19 after the new EV law went into effect on 08/16, which excludes vehicle assembled outside of US. I did pay $3000 non-refundable deposit in June to book the car. I should qualify for the transition rule. But I only have a one page deposit receipt and one page booking form, which is not signed by both parties and do not say if the deposit is non-refundable. I was wondering if that counts as a written binding contract? Do I still qualify for the credit in this case?
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‎November 19, 2022
8:36 AM