@Vienna
Worth a shot! At least you did your homework.
Having the same issue—dealers around here seem clueless about how to apply it.
Sounds like classic dealership shenanigans.
Just tell them you’ll file for the credit on your taxes yourself. Make sure they register the sale with the IRS and provide you with Form 15400.
Finlo said:
Just tell them you’ll file for the credit on your taxes yourself. Make sure they register the sale with the IRS and provide you with Form 15400.
What’s Form 15400?
Finlo said:
Just tell them you’ll file for the credit on your taxes yourself. Make sure they register the sale with the IRS and provide you with Form 15400.
What’s Form 15400?
My mistake, I meant IRS Form 15400. It’s what they submit to report the sale.
They’re right in a sense. Until you file with your new status, it may not reflect in all IRS systems immediately. Your best option might be to just buy it and claim the credit later.
My dealer gave me the $7500 off right at the point of sale. My income is below the cap, though.
Had the same issue—the dealer was worried about my income level too, but it’s not their responsibility. Just make sure they give you the 15400 form if you end up needing to claim the credit yourself.
Dealers often blame changes in regulations, but it’s usually just an excuse.
I went through this too. My first dealer couldn’t do the point of sale rebate, so I found another dealer who could and even had lower fees. It was a bit of a drive, but worth it.
It’s not a Ferrari. Just find another Ford dealer.
If you can, find a dealer who will apply the credit. These credits might not last forever, so it’s worth using while you can.