VinFast To Give Buyers $7,500 Discount If Federal Tax Credit Denied via insideevs.com
Vietnamese automaker VinFast's US rollout of its VF8 and VF9 electric SUVs may receive a serious blow if the Inflation Reduction Act is signed by US President Joe Biden this week.
The bill would leave VinFast reservation holders without the $7,500 federal tax credit, but the Vietnamese company is prepared to go the extra mile to ensure its customers get the deal they were promised.is promising preorder holders who are no longer eligible for the tax rebate a $7,500 discount on the vehicle instead. Here's how the company details the plans in an email to reservation holders.
"VinFast is a brand that not only stands behind our vehicles with our 10-year/125,000-mile warranty but more importantly, we stand behind our customers! For customers who apply for the $7,500 tax credit under current IRC 30D requirements and are denied by the IRS for reasons not attributable to the customer, VinFast will provide the customer a $7,500 purchase price rebate on their VinFast vehicle purchase. The binding agreement contains additional details on eligibility for the rebate.
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