Buy Now or Wait for 2024

Discussion in 'Cooper SE' started by BackPack, Mar 6, 2022.

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  1. Tommm

    Tommm Well-Known Member

    He is on it. Texted me last week that they are updating the JCW configurator and SE should be next according to his zone rep.
     
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  3. Tommm

    Tommm Well-Known Member

    I gotta get me some popcorn for this thread. I see some serious bench racing in its future. :D

    For the straight line folks:
    Power to weight
    Aerodynamic drag

    Then for the curvy folks
    Center of gravity
    F/R weight distribution

    Etc etc etc

    "gentlefolks start your engines" or is it motors?
    The green (double entendre intended) flag has dropped.
     
  4. BackPack

    BackPack Member

    The 911 will be the weekend fun car. The car we take on long trips. Both my wife and I love to drive and we often take long trips exploring our great country. We now live in CA so there are just unbelievable roads and areas to explore. So it’s the fun car.

    The SE will be the daily use car. My wife works from home so it will mostly be used for errands. We’ll also use it as we travel around the San Diego area exploring and visiting new things. My daughter will also use it to drive to her college once classes go back to in person. School is only 5 miles away so it’s perfect for that.

    I’m expecting the SE will be a fun car to drive and a nice bridge until the 911 arrives. The other thing I do like is the community surrounding this car. I don’t think I’ll find an EV6 car club, but I already looked and there are several MINI clubs in my area. I enjoy that sense of community. Porsche has the same thing.
     
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  5. BackPack

    BackPack Member

    Thanks for the heads up. I was looking and MINI of San Diego. Any experience with them? We haven’t talked pricing yet, but I’m not expecting to pay a mark up. Please share your dealer, salesman, and experience. Thanks.
     
  6. Texas22Step

    Texas22Step Well-Known Member

    Might MINI EV sales be lumped with BMW EV sales to determine whether / when the 200K limit hits?
     
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  8. teslarati97

    teslarati97 Well-Known Member

    @CuriousGeorge in post #31 looked into this: https://www.irs.gov/businesses/30d-manufacturer-faqs#collapseCollapsible1644579266141

    If there is a controlled group, then the manufacturer quota will not be separate. You can see the BMW numbers at:
    https://www.irs.gov/businesses/irc-30d-plug-in-electric-drive-motor-vehicle-credit-quarterly-sales

    This is before i4 & iX deliveries plus all the plug in hybrids.
     
  9. Rexsio

    Rexsio Well-Known Member

     
  10. Puppethead

    Puppethead Well-Known Member

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  11. Rexsio

    Rexsio Well-Known Member

    Just get mini SE and experience race car when you still in dinosaur age with 2004 Honda .Porsche is your dream car and take a driving classes in Atlanta before you drive 911 before you heat a pol !,,
     
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  13. Rexsio

    Rexsio Well-Known Member

    Own 911 /944 and race a cars in EU
     
  14. teslarati97

    teslarati97 Well-Known Member

    Yes there is a chance for the BMW quota to be used up during 2022. Vehicle leases do count against the 200,000 quota even though the leasee may or may not get a discount. Add that and the individuals who have claimed the $7,500 credit EACH year.
     
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  15. Tommm

    Tommm Well-Known Member

    Don't need to go to Atlanta if your region of PCA has Driver Education events.
     
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  16. Rexsio

    Rexsio Well-Known Member

    If people can’t buy a cheapest EV on market and they complain about trim they should stick to Gasoline garbage , those EV for people who are ahead of gas cars .Educate yourself before you buy one. Mini SE is a best car for starters to experience bad and good about electric transition to new era .Gas today $5 in July $10 Is my opinion .Sorry about my “Harvard English but I’m from EEU without English education.
     
  17. Rexsio

    Rexsio Well-Known Member

    You know what I mean those are dreamers .I sold my 911s 944 bc as old dud I drive i3 Mini SE being 71 years old try to expirience new technology before I drop dead . I race a cars in EU when I was young
     
  18. CuriousGeorge

    CuriousGeorge Well-Known Member

    Are vehicle leases included in that 131,000 listed on the IRS website? I've been operating under the assumption that BMW/MINI wouldn't hit 200,000 for several more years.
     
  19. teslarati97

    teslarati97 Well-Known Member

    Yes leases are included. The lessor (BMW financial services) will claim the $7,500 credit and the leasee may get a portion of the discount. That's 131,000 up to December 31, 2021 and will change for the Q1 data (about 6,577 in Q1 2021) but the big bump will be for Q2 for BMW. Add the Cooper SE and Countryman SE to the mix.
     
  20. Rexsio

    Rexsio Well-Known Member

    Who cares don’t relay on government to pay for you buying EV you save on gas those are yours $$$$$$
     
  21. CuriousGeorge

    CuriousGeorge Well-Known Member

    Financially-speaking, in most cases it would be better to take the $7500 and pay the same cost per mile for energy as with an ICE vehicle. Only if you drive a lot, keep the vehicle a long enough period of time, and/or pay a lot for gasoline would the savings amount to that much, or more.

    Of course, that is a false dichotomy, at least at present (although Putin is doing his best to change the equation).
     
  22. Rexsio

    Rexsio Well-Known Member

    If you pay in taxes in a year say3000 $ your 4500$ is is gone they give you only that $3000 as rebate on your taxes that $7500 is. Illusion and you can’t transfer to next year you have to make money for a year to claim full credit I beliveis more than 53000$ a year
     
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  23. CuriousGeorge

    CuriousGeorge Well-Known Member

    "If".

    I, and I imagine most people in the market for a new EV, pay more than $7500 per year in federal taxes. (Indeed, one criticism of the federal tax break is that it mostly goes to those who need it the least.)

    $7500 divided by even $5/gallon equals 1500 gallons of gasoline. 1500 gallons times even 25 mpg equals 37,500 miles, or about as far as the average person drives in 3 years. Add in the cost of electricity for the replacement EV, and the tax credit is basically equal to 4 years of free driving (at least from a fueling perspective). Change the scenario to less expensive gasoline (as was true for most of the US at until recently), and/or assume the ICE vehicle gets higher mileage (as you might expect for something MINI-sized), and that $7500 would take you even further.

    TL,DR: $7500 is a significant incentive. Take it away, and the financial benefit of owning an EV would be markedly diminished.
     
    Last edited: Mar 8, 2022
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