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BMW 5-Series (G30) Forum 2017+ BMW 5 Series (G30) General Discussions Tax credit for 530e in California

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      09-25-2018, 02:44 PM   #1
casperM4
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Tax credit for 530e in California

I'm planning to get a 530 and the reason i'm looking at 530e is the tax credit. However I heard federal funds ran out and only CA credit is available.

I couldn't find any info regarding this on IRS website.. Where can I find more info on this? Would the dealer know?

Thanks in advance
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      09-25-2018, 03:07 PM   #2
timmahh
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The google is superior..

https://www.fueleconomy.gov/Feg/taxevb.shtml
https://www.irs.gov/businesses/plug-...30-and-irc-30d

Check Edmund's fineprint too:

https://www.edmunds.com/fuel-economy...x-credits.html


Dealer would probably know as well.
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      09-25-2018, 03:49 PM   #3
casperM4
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Quote:
Originally Posted by timmahh View Post
Thank you so much. Believe me I googled like crazy but couldn't find these pages. For anyone else who has the same questions, you can visit this link to see how many electric BWM are sold:

https://www.irs.gov/businesses/irc-3...uarterly-sales

Currently it's 73,601 cumulatively for 2018 (out of 200,000 eligible vehicles)
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      09-25-2018, 05:34 PM   #4
enigma01
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The CA incentive is a rebate, not a credit.

Make sure you meet all the requirements for the CA rebate, including the income cutoff: https://cleanvehiclerebate.org/eng/requirements/1906
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