I ordered a Mach-e premium for my wife but she has decided she cannot give up the minivan life (don't get me started). Anyway, it's scheduled for delivery in December and my question is can I sell this reservation?
3. Take delivery, resell and take the Federal tax credit. Unless your state exempts EV from sales tax, any profit will be reduced by the state sales tax. There also may be short term capital gain tax on any profit. Like option 1 above the amount you make after taxes may not be worth the effort.No. You must take delivery. If you don't, there is no price protection. And, the dealer CAN add ADM to the price. You have 2 options. 1, take delivery, resell and don't take the tax credit. Likely a money lover or breakeven at best. 2) cancel and get your deposit back.
Not eligible for tax credit if you buy with the intent of reselling.