September EV Buyers Got Scammed While October Shoppers Scored

Watch September EV Buyers Got Scammed While October Shoppers Scored - Rizzle on Dailymotion

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00:00September EV buyers got scammed while October shoppers scored.

00:04Racing the September 30th deadline, thousands grabbed the $7,500 EV tax credit, only to

00:10see October buyers score better deals.

00:13No government paperwork required for the newcomers.

00:16Manufacturer price cuts after the incentive's death turned September's smart money into

00:20victims of artificial urgency.

00:22October brought instant savings that exceeded the expired federal incentive.

00:27Hyundai dropped the hammer first, cutting 2,026 Ioniq 5 prices by up to $9,800, making

00:34the base model $36,600.

00:38Ford and GM routed equivalent savings through leases, so Mach-E and F-150 Lightning drivers

00:43saw similar monthly relief.

00:46Like watching Netflix drop subscription prices the day after you renewed for a year, the

00:50timing stings.

00:52Rivian also adjusted pricing across its R1 lineup, reflecting the industry's rapid pivot

00:56to post-incentive reality.

00:59September EV buyers found that waiting would have gotten them better deals, despite meeting

01:03deadlines and handling tax paperwork.

01:06Reddit and EV forums are filled with frustrated owners realizing latecomers received lower prices

01:11without the hassle.

01:13The rushed urgency of incentive deadlines turned well-intentioned buyers into test cases for

01:17automaker pricing tactics.

01:19This widespread regret is echoed across forums and social media.

01:23Ford CEO Jim Farley warns that EV market share could drop by 50% after federal incentives

01:29end, mirroring Germany's 2024 subsidy phase-out, which led to a surge in sales followed by a

01:35sharp decline.

01:37Unlike streaming services, automakers struggle to adapt quickly due to inventory and dealer

01:41constraints.

01:43Analysts expect ongoing volatility as manufacturers adjust strategies without government support.

01:48The broader takeaway, incentive deadlines distort markets, encourage procrastination, and turn

01:54policy shifts into risky bets for consumers.