TCBronson
Elio Addict
Yes you will be missed, but you could always get back in the game if you want at any time! Good luck and as Jim Bronson used to say on the TV show Then Came Bronson, "Hang in there"
Welcome to Elio Owners! Join today, registration is easy!
You can register using your Google, Facebook, or Twitter account, just click here.Yes, more ELIO and less ----------As a matter of fact, I'm glad there will be less discussion of EVs. I prefer the topic of ELIO.
Number of current reservations: 52,053 as of Apr 13, 2016 - 51,877 = 176/9 = 19.6/day
I am hoping ever so much, after seeing and sitting in P5, after this trip to Dallas, I am inspired to be added to the $1,000 all in list.
I do NOT want to be disappointed, but INSPIRED, after this trip. Big ole smiles and all that!
My dealers used to tell me all kinds of weird stuff."That’s a credit against income tax your tax liability (over the course of the year, not the balance you might owe April 15). If you arranged your affairs so you don’t owe taxes, you won’t get the credit. If you lease a car, the credit goes to the leaseholder, but should be returned in the form of lower monthly payments
It's in fact a tax credit applied on your return, to a maximum of $7.5k
i.e. if after you do your taxes, your tax liability is over $7.5k you subtract 7.5, from your taxes owed. If your tax responsibility is less than 7.5k, you can only take that amount.
For example your taxes for the year are 4k, your credit covers that ( you wind up paying nothing), and their is no rollover/bringing it forward to the next year
I think the credit only applies to the first buyer, and is not attached to a lease.
I could certainly be wrong on both statements, just repeating what two dealers told me.
Number of current reservations: 52,216 as of Apr 18, 2016 - 52,053 = 163/5 = 32.6/day.