You should probably find a new CPA. He or she may end up being right, but the IRS has not published clear guidance anywhere on what happens to BPAs signed before 8/16/22 that take delivery in 2023 and beyond.
If we assume that the IRS will count Rivian's BPAs as valid written binding contracts...
My hypothesis here (attempting to stay hopeful, but planning for the worst) is that of course they haven't issued guidance for tax year 2023 yet. They just issued this guidance for 2022, since we're just about to enter tax filing season so it makes sense that they would only comment up to end of...
This. I'm sure the 6-8 weeks is a canned response that they're issuing to cover for worst case scenarios. I think they have learned that it is better to underpromise and overdeliver, as evidenced by many receiving their vehicles ahead of schedule lately (of course, there will be exceptions). I'd...
I’m with you. This is egregious and probably worth reporting to the better business bureau. In my life, I don’t think I’ve seen a business try to get additional revenue from their customers. They will never recover from this.
The good news is that since you haven’t even been in line for a year...
Lol. Not even in the same stratosphere. But you and @GHuff should start a revolution and see if you can get them to walk it back, like they did the price hike, since so many reservations holders are up in arms and will surely cancel if they continue on this path...not.
Boo hoo. You were never promised anything. Sure the membership was advertised but companies, particularly startups, have to evolve and make changes at a rapid pace in order to succeed. I'd rather they make these small changes and continue to adapt than try to stick to every little thing they...
The judgement shown by the company is that they need to find additional revenue streams, perhaps more quickly than they initially thought, to make up for the fact that they're selling many of us $100k vehicles for $80k. Let's be reasonable - that goodwill from the price increase debacle should...
I'm not singling you out as your concerns have been expressed many times by others, but I can't figure out why this change, which will probably amount to a few hundred dollars a year, is moving the needle for folks buying an ~$80k+ vehicle. We've known for some time that they would eventually...
I agree that it looks grim but the logic would be that they have only released BPA guidance for 2022 and will release BPA guidance for 2023, if it applies at all, at the end of 2023 or beginning of 2024.
Thanks for sharing. Still doesn't answer the most important question for many of us. If we signed a PBA before 8/16/22 but take delivery after 1/1/23, what happens? Guessing we won't get an answer or clear direction for quite some time, maybe a year from now.
Maybe. Maybe not. The latest guidance doesn't do much to clear up the question many of us still have "what happens if we signed a binding purchase agreement before 8/16/22 but don't take possession until 2023?" The guidance below conveniently excludes that scenario.
Purchase date vs. delivery...
Curious if your regen is set to standard or high? I test drove an R1S recently and the Rivian employee mentioned that he burned through his front tires super fast because he had his regen set to high. Also, which wheel/tire combo do you have? Either way that's disappointing to see.
Worth noting that in addition to the difference in tires, the 220 miles they recorded in their range test was with an outdoor temp of 57 degrees and the cabin heater set to 72 degrees. Make of that what you will. See below for more details.
"We tested our first R1T in November 2021, where it...
This is just across the street from me. My wife and I saw 2 R1Ts driving in the neighborhood that day and thought it was our lucky day. Did not realize there were 33 of you!