Under the new legislation for FBT exemption for EV's, one eligibility criterion is that the vehicle is "first held and used" after 1 July 2022. I'd be grateful if someone could clarify whether a dealer demonstrator vehicle would meet this criteria where:
- it was first registered by the dealer as a demonstrator vehicle before June 2022, but
- it was first sold to a retail customer after 1 July 2022.
Assuming this does meet the criteria, would a demonstrator vehicle which was purchased wholesale by another dealership be eligible if it was first sold retail after July 1 2022?
8,511 views
8,511 views12 replies
12 replies
8,511 views
12 replies