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A lawyer should chime in, but the way I read it, the 5% is an example and not the only definition of an binding contract. So long as it is an enforceable and binding contract between you and the dealer (per state laws), it will apply. Their example is in the event it needed to be enforced. It's...

This might do a lot of us some good.

Tough. Need some official guidance from both Porsche and how the government is going to define this.

I sure hope so. Last thing I’d want is for it to be binding per dealer but not fit the fine print per the government.

The big question is what will be considered a binding contract. Will dealers do this?

Thanks for this. I am going to forward to my SA and see what they say. Not sure if it will in a sense default with initial paperwork, or it needs to explicitly state it's a binding contract to purchase.

From other posts it seems like the technicality will be if the order demand fits the rules for the transition period. To my knowledge it hasn’t been decided upon as to what exactly will qualify. V070 status and the documents we sign technically isn’t a binding document. But I’m sure the dealer...

I’ll let this discussion get back on track. But being an internet warrior with Google-fu is one thing versus navigating these rules with US clients. ;)

Technicalities. Virtually. If the parts are sourced from other countries and imported, but then assembled in the USA it can be tagged as made in the USA. There are fine details such as amount and overall distribution of costs. The fact remains though that there are ways to claim that statement...

Prep for dash cam front and rear is in the config. I'm going to be adding it on for sure, then figure out if I go OEM or aftermarket for the cams.

Any news or rumors on production delays tied to the GTS ST?

I hope they provide some clarity, because some of us have a, "binding" contract for allocations which we could technically say is true. But if the allocations land in 2023 it really starts to get ambiguous.

I think it depends on the technicalities. Just like items made in China, but assembled in the USA can claim MADE IN THE USA.

Isn’t there a transition period? The below is from an article discussing this: Update: here’s a more detailed look at what is in the bill written by an actual lawyer, Chris Stidham: New Vehicle Credit Manufacturer caps eliminated. (Page 370, line 15) Credit applies for vehicles purchased...