So did you buy a Volt thinking you would get the full $7500 back?
Most people have to pay some federal tax. What ever amount you do pay you will get back "up to $7500" so even people who paid 2000-3000 will get back that amount. You just have to look at your 1040 from last year to see what you paid.
It is spelled out pretty clear (front and center) on the Chevrolet Volt website. I make it a point not to believe everything a salesman says and would not make a purchase based on information a salesman said. Most people that can afford a $40,000 car will qualify for the full or partial tax credit.
MSRP*1 as low as $31,645
Price after tax savings. Net price shown includes the full $7,500 tax credit*1. $39,145 MSRP*1,2 with federal tax savings from $0 up to $7,500.
1. Each individual's tax situation is unique. Consult your tax professional prior to claiming any credits to confirm the vehicle tax benefits for which you may be eligible. Must be applied by the owner after the purchase of a new Chevrolet Volt.
2. Available for purchase only. $0-$7,500 depending on your federal tax liability.