Tax credit transfers could be mismanaged

TO THE EDITOR:

The transfer of tax credits to dealers is a program that will give dealers ultimate control of their clients’ money (“Dealers will register soon for new, used EV tax credit transfers,” autonews.com, Sept. 8).

This will inevitably lead to dealer mismanagement of these funds. The credits will end up, at least in part, as dealer profit, and customers will lose out on the full value of the tax credit.

I have twice availed myself of the $7,500 tax credit. I did so in my tax filing and would never allow a dealer to commandeer my tax credit.

GARY SONNENBERG, Houston
The writer is a retired wholesale and retail auto manager.