Buyers beware. I have read about some unethical dealers that have been selling new Chevy Volts as "used" cars. This enables the dealer to be the first "owner" of the car and they cash in on the $7500 federal gov't rebate. I don't know how or if the federal gov't is allowing this to happen but it doesn't surprise me that there may be loopholes in the system.
I did some searches on Volts for sale in Texas and there are quite a few cases where the car had low miles (5 miles) on the odometer and the dealer is selling it as a "used" car. Then the dealer offers the car at a slightly discounted price, so the buyer sees it as a bargain. The dealer in New Braunfels is doing this, among others. Sounds criminal to me.
I haven't seen all the paperwork and forms that are needed for the $7500 federal tax credit, but I bet somewhere in there it states that you must be the original or first owner of the car. If you are expecting a tax credit from the federal gov't, be sure that you are the first owner of the car and not buying a "used" car.
Based on feedback we received from the Mueller community, we are not limiting the number of purchasers or leasers within the group of 100 vehicle. If all 100 people elect to buy, we will accommodate all 100 at the full $7,500 rebate.
To make that possible, we have deferred a few other capital equipment deployments until we know the budget impact.
One key point on the $10,000 rebate proposal - it is just a proposal. It would require Congressional approval to increase the tax credit. Everyone can make their own determination about whether Congress will agree on much this year given the political climate in Congress.
One key point on the $10,000 rebate proposal - it is just a proposal. It would require Congressional approval to increase the tax credit. Everyone can make their own determination about whether Congress will agree on much this year given the political climate in Congress.