Does this tax credit loophole apply to our $50 deposit

KevinRS

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Hopefully people would understand the difference between a refundable$50 reservation and a binding contract.

But I do disagree as for people’s willingness to do so. I think there would be a surprising number willing to do so. Yup, I’m one. I have a friend who did so 8 months out on a Lightning, another on a Kubota tractor with no promise date. When I bought my Tundra we inquired about a Sequoia and was told it would likely be a year out unless we just accepted what came in. So while we maybe subject to our island conditions, I suspect it isn’t totally unique. Contract my Slate for 11/26 and I’m on it. Sure, the IRS can change the rules, but life’s gamble anyway and that could be addressed in the contract. Think positive!
There is just little time left for slate to work that out and beat the IRS deadline, especially since they haven't solidified pricing, date, or warrantee. They wouldn't want to enter the contract on their side and end up having to break it either. If they announced a contract availability Tuesday, assuming they've had legal working on it since the IRS announced the rule, it would still probably take a few weeks at least to process the thousands of applications for it, any delays and they risk going past the deadline.
 
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Mad Mac

Mad Mac

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$7,500 is a huge incentive.
It needs to happen.
 
 
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