fordfever Report post Posted September 25, 2009 Hello, I was planning on ordering the FFH this weekend to try and take advantage of the $1700 tax credit. The dealership said I would not receive any "legal" documents. I asked if I would receive the purchase order and they said I would receive it when the car actually came into the dealership and we finalized the paperwork. But they said I would receive the DORA. I thought the purchase order and DORA would be given at the same time. Any input would be appreciated. Thanks,Lance Quote Share this post Link to post Share on other sites
kens Report post Posted September 25, 2009 I don't think they can actually finalize the purchase until the car is on hand & deliverable. (not sure about this though). However, I personally would not want to just have a DORA. Having ordered a FFH on August 7, I was potentially in a situation similar to yours (car ordered before Sept 30 but delivered later). Reading the following article made me worried: http://latimesblogs.latimes.com/uptospeed/...tax-credit.html The key thing that worried me was the statement, paraphrasing a tax attorney:"But in general, he said, purchasing something is understood as having the benefits and burdens of ownership. " My plan to deal with this was to go to the dealer in late September, put down a large deposit on the car, and get a receipt for it. That way, I'd clearly be taking on the burdens of ownership if the IRS happened to audit me. Fortunately for me I didn't wind up having to do any down payment because our car came in this week, 6 1/2 weeks after delivery. Disclaimer: I'm not an accountant or a tax attorney and have no good credentials whatsoeverto justify my advice. Also, I know that my approach was probably an extreme form of "better safe than sorry" reasoning. Quote Share this post Link to post Share on other sites
swsaint Report post Posted September 26, 2009 Hello, I was planning on ordering the FFH this weekend to try and take advantage of the $1700 tax credit. The dealership said I would not receive any "legal" documents. I asked if I would receive the purchase order and they said I would receive it when the car actually came into the dealership and we finalized the paperwork. But they said I would receive the DORA. I thought the purchase order and DORA would be given at the same time. Any input would be appreciated. Thanks,Lance The DORA is an acknowledgement from Ford back to the dealer that the order has been received and accepted. I'm neither a tax attorney or accountant, but I don't need to be. We have been discussing this issue since they started taking orders on the hybrids. Place a deposit down for the vehicle, $500 is enough (dated check is good), get a dated, signed sales document/receipt (it won't necessarily look like a formal invoice) but should contain your name and what you are buying with the options and color listed and will even have an approximate price from the dealer, make sure he gets a copy of your drivers license, so he can send that in to Ford and do it before the end of the day on the 30th of Sept. That constitutes a purchase per the IRS. Don't rely on the LA times, go to the IRS web site and you can pull up last years tax form and read the instructions and read the examples. Then make sure you get a copy of the DORA when the dealer gets it, and to be on the safe side make sure the dealer understands that you need them to submit the order to Ford ASAP. Dealer's sometimes drag their feet. You won't get a DORA immediately, unless the dealer sends in the order while you wait and some how it is immediately accepted. I guess that could happen, but I wouldn't hold my breath. Then it is just a matter of waiting for the build and delivery. You won't be disappointed. Quote Share this post Link to post Share on other sites