Yes, several leasing incentives are available for EVs, primarily through federal tax credits and special lease deals:
Federal Tax Credit “Loophole”
Leased EVs qualify for a full $7,500 federal tax credit under commercial vehicle rules, bypassing strict requirements for purchased EVs (e.g., North American assembly, battery sourcing, income caps).
How it works:
- Leasing companies claim the credit, then pass savings to you via lower lease payments or upfront discounts.
- No income restrictions for lessees, unlike EV purchases.
Current Lease Deals
Examples as of early 2025:
- Kia EV6: Leases starting at $229/month with financing rates as low as 0%.
- BMW iX: $699/month for 36 months.
- Ford and other brands offer competitive EV lease incentives.
Key Considerations
- Not all dealers pass savings: Confirm whether tax credit discounts are included.
- Potential expiration: The commercial vehicle classification (and related incentives) could change after 2025.
- Additional incentives: Some states/localities offer extra rebates on leased EVs.
For the best deals, compare advertised lease terms and explicitly ask dealers how they apply the federal credit.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-any-leasing-incentives-available-for-evs/
