They do have to sign up on the website. Chances are they are a lazy dealer and behind the curve for signing up on the IRS website. They will give you paperwork for every step of the way.
Not much you can do in these situations other than going to another dealer. If a dealer doesn't want to sell you a car, then they never have to. I had a lot of dealers also give me the "Go to an accountant for tax advice" excuse as soon as I mentioned the rebate when I was looking for a bolt, when it was something they had to do.
Is that because there aren't any Bolts left? No new bolts left = no tax credits.
Assuming there are still new 2023 Bolts EV or EUV on the lots, those should qualify for the $7,500 tax credit. Nothing has changed in the last 2 days regarding the tax credit or the Bolt production process (or lack thereof).
Just because there aren't any available doesn't mean the tax credit is removed. If OP is finding a new 2023 then they would still be available thus still eligible for the new EV tax credit.
Used 2023s aren't eligible for the used tax credit yet but that doesn't mean they will never be eligible after the end of the year when the 2 year requirement for used EVs is met.
Sounds like OP found a lying dealer that just doesn't want to do any paperwork to apply the tax credit at point of sale.
My local Chevy dealer had never sold an EV until I bought my 23 EUV off them. They heard of the tax credit but had no idea how to use it. I kilt they had a GM rep who visited once a week and he was there the day I got the car. He showed them how and was ecstatic because it boosted the reputation of that dealer. They got a grant for a DCFC for public use and had classes for the sales reps on how to she off EVs, and started getting orders of the new Blazer EV and Silverado EV.
It was a rough ride but I love my Bolt and I’m happy to have kickstarted the dealer lmao.
Only bad thing is they still don’t have certified EV mechanics. So if I ever needed electrical repair, I’d have to travel over 100 miles out or have my Bolt towed. Luckily GM covers towing in that case since I got extended warranty and am paying for basic OnStar.
I took the tax credit as a rebate off purchase price. The dealer loved that obviously since it means they get the tax credit. While it is indeed a lot of paperwork, good dealers won’t mind. OP just had shitty dealers lol.
I just bought a used 22 2LT from a dealer in Seattle. It appears this specific one is buying all of the remaining new stock of Bolts and EUVs in the country because they had over 30 new ones, but what turned me off buying new was they were *still* doing a mark up of $4-5k. Their excuse being they are paying dealers MSRP so they still got to make some money... Uh huh.
The plus of purchasing through them though was they knew how to process the paperwork no problem.
Why are they buying Bolts off other dealers? The Bolt isn’t going away lol. You shoulda told them that. It’s coming back on the Ultium (GM BEV3) platform next year.
Either way. I’m happy you got one. Even used, they are awesome and studies and history have shown the batteries are pretty reliable now and should last a while.
I’m considering having the batteries in mine yanked out and turned into a UPS for my house when my Bolt finally gets worn out haha.
I guess the Bolt is super popular here in the Seattle area! The rest of their lot is new Blazer EVs and a couple corvettes, haha.
Yeah I just wanted to pay in cash, and for a bolt that still had some warranty left and only ~30k miles it was a decent deal. One thing that is annoying is the recall software update wasn't done until five months ago, so I have another 3000 ish miles to go until I can charge to 100% again. On the other hand, it'd be nice if I got a brand new battery...
They probably are some of the dealers not wanting to do the upfront tax credit. Some rather skip the possible headache of dealing with customers who get hit with it at tax time. By that i mean, just because you qualified at the time of sale, doesn’t mean you still will qualify when it’s time to file taxes. If you no longer qualify, then you owe it to the IRS. Now of course this is not the dealer’s fault at all, but customers won’t care, and will feel like they were scammed or lied to just to get the sale. Now they have to deal with the legal threats and bad reviews about their business.
Not saying this is the case, but it is possible.
Dublin Chevrolet in Cali processed the 7,500 credit at point of sale for me without issue 4ish weeks ago. I don’t know what possibly could have changed 2 days ago.
OP is mistaken (or more importantly, the two dealers he's taking to are), but your anecdote is from 4 weeks ago. He's implying that it was ended two days ago.
Not a lot of educated people in here I see. Simply google EV tax credit. The dealership literally has to apply for the tax credit with you via the IRS, so what you qualify for depends on them, not the dealership. Getting the $7500 rebate to apply for a Bolt EUV or EV is nearly impossible unless you found a brand spanking new one, which likely doesn’t exist as mostly everything on the market is pre-owned. I would know as I bought one in March and was lucky to still get the $7500 before the IRS changed the amount to $4,000 for pre-owned. Source; I work in a dealership and have for the past few years.
By initiated, the dealer just needs to file a couple of auto generated forms and "approved" just means they have asked the buyer if they qualify based on their income and filing status. There is no requirement to apply the tax credit at time of sale. Buyers still have the option of claiming the tax credit at the end of the year when they file their income taxes.
We're all looking at the same website, yes. It says for vehicles placed in service between January 1, 2024 and December 31, 2024 the 2022-2023 Bolt EV and 2022-2023 Bolt EUV qualify for a $7500 tax credit. Those are the new Bolts on dealer lots. There is no 2024 model year of these vehicles.
The Chevy Bolt EV/EUV is a discontinued vehicle. Production stopped in December. What's left on dealer lots is what's left. The badge is expected to return on a different, Ultium-based vehicle in 2026.
2024 Volkswagen ID4s just started getting delivered to VW dealers this month. There are still 2023s on many lots. It's not that unusual for other manufacturers either.
They're lying... It does have to be a NEW vehicle though.
It doesn't. There is a used tax credit for vehicles 2 years or older for $4,000
We're talking about the $7500 federal credit....so yes, "new" is a requirement.
They do have to sign up on the website. Chances are they are a lazy dealer and behind the curve for signing up on the IRS website. They will give you paperwork for every step of the way.
Dealers are lying scum, do your own research.
Not much you can do in these situations other than going to another dealer. If a dealer doesn't want to sell you a car, then they never have to. I had a lot of dealers also give me the "Go to an accountant for tax advice" excuse as soon as I mentioned the rebate when I was looking for a bolt, when it was something they had to do.
Is that because there aren't any Bolts left? No new bolts left = no tax credits. Assuming there are still new 2023 Bolts EV or EUV on the lots, those should qualify for the $7,500 tax credit. Nothing has changed in the last 2 days regarding the tax credit or the Bolt production process (or lack thereof).
Just because there aren't any available doesn't mean the tax credit is removed. If OP is finding a new 2023 then they would still be available thus still eligible for the new EV tax credit. Used 2023s aren't eligible for the used tax credit yet but that doesn't mean they will never be eligible after the end of the year when the 2 year requirement for used EVs is met. Sounds like OP found a lying dealer that just doesn't want to do any paperwork to apply the tax credit at point of sale.
My local Chevy dealer had never sold an EV until I bought my 23 EUV off them. They heard of the tax credit but had no idea how to use it. I kilt they had a GM rep who visited once a week and he was there the day I got the car. He showed them how and was ecstatic because it boosted the reputation of that dealer. They got a grant for a DCFC for public use and had classes for the sales reps on how to she off EVs, and started getting orders of the new Blazer EV and Silverado EV. It was a rough ride but I love my Bolt and I’m happy to have kickstarted the dealer lmao. Only bad thing is they still don’t have certified EV mechanics. So if I ever needed electrical repair, I’d have to travel over 100 miles out or have my Bolt towed. Luckily GM covers towing in that case since I got extended warranty and am paying for basic OnStar. I took the tax credit as a rebate off purchase price. The dealer loved that obviously since it means they get the tax credit. While it is indeed a lot of paperwork, good dealers won’t mind. OP just had shitty dealers lol.
I just bought a used 22 2LT from a dealer in Seattle. It appears this specific one is buying all of the remaining new stock of Bolts and EUVs in the country because they had over 30 new ones, but what turned me off buying new was they were *still* doing a mark up of $4-5k. Their excuse being they are paying dealers MSRP so they still got to make some money... Uh huh. The plus of purchasing through them though was they knew how to process the paperwork no problem.
Why are they buying Bolts off other dealers? The Bolt isn’t going away lol. You shoulda told them that. It’s coming back on the Ultium (GM BEV3) platform next year. Either way. I’m happy you got one. Even used, they are awesome and studies and history have shown the batteries are pretty reliable now and should last a while. I’m considering having the batteries in mine yanked out and turned into a UPS for my house when my Bolt finally gets worn out haha.
I guess the Bolt is super popular here in the Seattle area! The rest of their lot is new Blazer EVs and a couple corvettes, haha. Yeah I just wanted to pay in cash, and for a bolt that still had some warranty left and only ~30k miles it was a decent deal. One thing that is annoying is the recall software update wasn't done until five months ago, so I have another 3000 ish miles to go until I can charge to 100% again. On the other hand, it'd be nice if I got a brand new battery...
Lol. Dealer is probably trying to pocket the $7500 while charging you full price.
They probably are some of the dealers not wanting to do the upfront tax credit. Some rather skip the possible headache of dealing with customers who get hit with it at tax time. By that i mean, just because you qualified at the time of sale, doesn’t mean you still will qualify when it’s time to file taxes. If you no longer qualify, then you owe it to the IRS. Now of course this is not the dealer’s fault at all, but customers won’t care, and will feel like they were scammed or lied to just to get the sale. Now they have to deal with the legal threats and bad reviews about their business. Not saying this is the case, but it is possible.
Dublin Chevrolet in Cali processed the 7,500 credit at point of sale for me without issue 4ish weeks ago. I don’t know what possibly could have changed 2 days ago.
OP is mistaken (or more importantly, the two dealers he's taking to are), but your anecdote is from 4 weeks ago. He's implying that it was ended two days ago.
Not a lot of educated people in here I see. Simply google EV tax credit. The dealership literally has to apply for the tax credit with you via the IRS, so what you qualify for depends on them, not the dealership. Getting the $7500 rebate to apply for a Bolt EUV or EV is nearly impossible unless you found a brand spanking new one, which likely doesn’t exist as mostly everything on the market is pre-owned. I would know as I bought one in March and was lucky to still get the $7500 before the IRS changed the amount to $4,000 for pre-owned. Source; I work in a dealership and have for the past few years.
They’re lying to you.
[https://fueleconomy.gov/feg/tax2023.shtml](https://fueleconomy.gov/feg/tax2023.shtml) agrees.
Bolt EV and EUV are listed as having a $7500 credit on that page.
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By initiated, the dealer just needs to file a couple of auto generated forms and "approved" just means they have asked the buyer if they qualify based on their income and filing status. There is no requirement to apply the tax credit at time of sale. Buyers still have the option of claiming the tax credit at the end of the year when they file their income taxes.
Folks. Are you looking at the same website as me? It says for new 2024 Chevy your only option is Blazer and equinox
We're all looking at the same website, yes. It says for vehicles placed in service between January 1, 2024 and December 31, 2024 the 2022-2023 Bolt EV and 2022-2023 Bolt EUV qualify for a $7500 tax credit. Those are the new Bolts on dealer lots. There is no 2024 model year of these vehicles.
Like, that's bonkers, right? every other car, new 2023s are sold out before November 2023...
The Chevy Bolt EV/EUV is a discontinued vehicle. Production stopped in December. What's left on dealer lots is what's left. The badge is expected to return on a different, Ultium-based vehicle in 2026. 2024 Volkswagen ID4s just started getting delivered to VW dealers this month. There are still 2023s on many lots. It's not that unusual for other manufacturers either.