Vinfast offers its EV customers a $7,500 discount if they can’t get the federal tax credit

Vinfast fast moving, sorta. For a company that still are not Do you have any cars for sale?, it behaves as if there is an inventory. From the dealer is open for business with almost empty galleries, arrive plans for production facilities In the US, the manufacturer appear equal enthusiastic. Second, Vinfast announced the company will offer customers a $7,500 discount if they are not eligible for the Federal Tax Credit, Automatic log report. Of course there is a catch. To receive that discounted cash portion, you right first agreed to the contract arrive buy their car.

Government would like to get people behind the wheel of electric cars. And car manufacturers would like government to help people get behind the wheel by attracting tax credits to buy cars. The problem is recent Parliamentary changes and price increase by car manufacturers have eliminated a lot vehicle that would not qualify for credit. But don’t worry, Vinfast has had customers turn away.

If you are one of the lucky few Those who have pre-orders for a VF8 or VF9 EV crossover and you can’t get the tax credit, they’ll give you a $7,500 discount. An email send to pre-order customers say, “VinFast is a brand behind our cars with our 10 years / 125,000 miles guarantee But more importantly, we stand behind our customers! Vinfast also noted, “For customers who apply for a $7,500 tax deduction under applicable IRC 30D requirements and are denied by the IRS for reasons unrelated to the customer, VinFast will offer the customer a $7,500 discount ( or similar discount) when buying their VinFast car. The binding agreement includes additional details on eligibility for the discount,” said a company spokesperson. Automatic log.

That $7,500 discount is available to you, if you agree sign a few things. Customers of Vinfast will have to change firstpre-order binding into a fully binding contract. That $200 refundable deposit, then becomes non-refundable. The contract you sign has an option to allow customers come try to get tax credits from the Feds. If the attempt is unsuccessful, you will receive Discounts of Vinfast.

But what if you could get credit? You probably won’t get discount from Vinfast. But what about the contract you signed initially, for $7,500? Does it become disabled? Or what if the car doesn’t pass?

I have reached out to Vinfast for further clarification and will update this post if/when they respond.