I really wanted to believe. I put my car preorder in for the BMW i4 on 7/27 but some major changes have occurred in the weeks since.

1. Both the Senate and House of Representatives have passed a law that will have some significant changed on the IRS EV tax credit.
   (1) after December 31, 2021, and before the date of enactment of this Act, purchased, or entered into a written binding contract to purchase, a new qualified plug-in electric drive motor vehicle (as defined in section 30D(d)(1) of the Internal Revenue Code of 1986, as in effect on the day before the date of enactment of this Act
2. Tomorrow 8/15 President Biden is expected to sign the bill
3. Dealership I’ve been working with will not be able to provide a contract on a vehicle that doesn’t have a VIN.
4. There are literally 0 i4s available on a lot for purchase within 300 miles.
5. The Texas EV rebate program hit the 2022 cap on applications being processed, so would have to wait until 2023.

The different is significance this would be the difference between a $60k purchase and a $50k one. $10k of “free” money that I would’ve been able to apply or receive back at some predetermined future date. So to coin and expression from Shark Tank. For that reason I’m out. So I’m going to keep on doing what has allowed me to double my net worth in 2 years, and quadrupled in 3 years. Maybe one day I’ll buy a BMW, or an EV in general. Just not today.

I switched my 401k back to 19% of my income and bumped up my brokerage contributions to $100/wk or $400/mo. I’m saving $500/mo in a house downpayment fund, also $500/mo in the Roth IRA. I set the rules and don’t have to go crazy. A month from now I might adjust some of these numbers. My investments are at $195,719 today and I have an 827 credit score so I’m doing something right. 😀

Last bit of ranting aside.

My 2016 Nissan Maxima has 72,600 miles. This one I found on Autotrader from the same year has 187,339. So maybe the old gal has a couple more years left in her?

Shit, maybe I’ll be like this woman? 93-year-old Florida woman retires her ’64 Mercury after 576,000 miles on the road. It’s so liberating not having a car note. I’m thoroughly taking advantage of that. Take care guys! 🙂