Infrastructure Bill passed. I don’t think this is good.

[kort]

Speaking as an economist that studies consumer spending, I'm quite happy when people avoid getting into debt. Debt has its uses, and it also has its problems. For many people, controlling their risk by avoiding debt makes sense.

You can, at least theoretically, financially engineer your asset purchases and financing to establish an overall level of debt that you find optimal. There's a lot of that in finance books (including the ones I cite from time to time.) However, in real life people face lots of issues and market imperfections and asymmetrical risks that don't appear in those finance models. One way, tried and true, to mitigate your risk is...avoid borrowing.

PLA

debt is a tool, if used judiciously it can maximize the power of your assets.
YMMV

Sponsored

 

[Mr.Smith]

There has been some discussion about the BBB being retroactive to 2021.
Current bill does not have a retroactive provision - whereas an earlier version of the bill was retroactive to May 24, 2021.

If it passes, it starts January 1, 2022

 

[MohCT4]

Dealers are so clueless about this bill. My SA kept insisting that he and his sales manager hadn’t heard anything about the price cap of $80,000 and he asked me for sources. I sent him the summary from this thread. ??‍

 

[Prit]

Dealers are so clueless about this bill. My SA kept insisting that he and his sales manager hadn’t heard anything about the price cap of $80,000 and he asked me for sources. I sent him the summary from this thread. ??‍

This is so true. I think Porsche is aware and is prioritizing Taycans. It looks like mine which was set to arrive towards EOM Jan ’22 is now getting here as early as mid-December!

 

[DACSarasota]

Dealers are so clueless about this bill. My SA kept insisting that he and his sales manager hadn’t heard anything about the price cap of $80,000 and he asked me for sources. I sent him the summary from this thread. ??‍

Weird. Mine said the same thing when I met with him yesterday. He had no idea and told me the credit will apply if it didnt come in. When I said something, he texted someone to verify. Strange.

 

[ithinkmac]

If you go by the VIN on how how Porsche categorized it.

It's considered a sedan.

-ThinkMac-

not that it matters much for a Taycan in terms of federal tax credit, but does a Turismo wagon count as a sedan or an SUV? Whoever wrote this in the House clearly thinks that sedans, vans, SUVs and pickup trucks are the only four categories of vehicles today... And I've never seen "SUV" definitively defined (or "crossover", for that matter) ...

 

[Mr.Smith]

Some possible good news

Democrats brace for Build Back Better delay into 2022

 

[wurzitup]

Some possible good news

Democrats brace for Build Back Better delay into 2022

God this would be great....... I'm gonna miss the end of the year by probably less than a week I think.

 

[Izzone]

if it passes next year it will most likely retroactive to beginning of the year

 

[TaycanCook]

if it passes next year it will most likely retroactive to beginning of the year

That would be interesting to see how leasing companies deal with this as they use the tax credit as a capital adjustment.

 

[Mr.Smith]

Good news for January & February 2022 Taycan deliveries

Senate expected to pause Build Back Better bill, revised EV tax credits remain in limbo

 

[Bella]

Good news for January & February 2022 Taycan deliveries

Senate expected to pause Build Back Better bill, revised EV tax credits remain in limbo

But the unknown continues to be whether the Bill is retroactive to Jan1,2022? I have a CT coming in between Dec 29th-Jan 2. Currently arriving in San Diego Dec 28th.

 

[Mr.Smith]

But the unknown continues to be whether the Bill is retroactive to Jan1,2022? I have a CT coming in between Dec 29th-Jan 2. Currently arriving in San Diego Dec 28th.

For leases it should be fine I assume

 

[whitex]

For leases it should be fine I assume

Why? Does the bill differentiate between leases and loans?

 

[Mr.Smith]

Why? Does the bill differentiate between leases and loans?

Leases you get the immediate cap reduction. If the Bill hastnt passed in Jan 2022, it shouldnt affect the lease

Sponsored