I asked my tax man and he says that the $7,500 tax incentive carries overs to the next year if you don't have a high enough tax liability. I just wanted to check with this forum before I pulled the trigger. I would get back $5,000 the first year then the remaining $2,500 the second year.
I am leaning towards buying a 2012 SV since with the $8,500 dealer rebate + $7,500 tax credit I would owe only $11,000 on the car after 3 years if I factor in what my lease payments would be over the 3 years. If I can't get the full tax incentive then this deal isn't as sweet.
Here is the deal offered by the dealer.
$0 down $240 a month on the SV $17,000 Residual. ($9,360 lease payments)
$25,500 + License & Title cash deal.
Thoughts opinions would be appreciated.
I am leaning towards buying a 2012 SV since with the $8,500 dealer rebate + $7,500 tax credit I would owe only $11,000 on the car after 3 years if I factor in what my lease payments would be over the 3 years. If I can't get the full tax incentive then this deal isn't as sweet.
Here is the deal offered by the dealer.
$0 down $240 a month on the SV $17,000 Residual. ($9,360 lease payments)
$25,500 + License & Title cash deal.
Thoughts opinions would be appreciated.