Do you expect that the IRS will offer any leniency for the $7500 EV tax credit under the "transition rule" of the Inflation Reduction Act for someone that placed an order (which included a refundable deposit) for an EV, which was still eligible at the time for the $7500 tax credit and well before the Inflation Reduction Act was introduced let alone passed by Congress? The "binding contract" requirement/concept under the legislation seems to be very ambiguous. When I inquired prior to the legislation being passed as to whether I could obtain a "binding contract" on my pending purchase from the company I placed the order with I was informed that they could not offer a "binding contract" until a VIN number was assigned and they do not assign VIN numbers until the car is actually placed in production. Since the car I had order had not yet been placed in production, I was unable to obtain a binding contract prior to the legislation being passed. Not exactly sure where I stand with regard to the $7500 tax credit. Any advise? Thank You.
