There are no specific EV models more likely to have tax credits included in leases, as the tax credit for leased vehicles typically goes to the leasing company, not the lessee. However, some leasing companies might pass on the savings from the tax credit to lessees in the form of lower lease payments or rebates, depending on their policies.
The classification of leased EVs as “commercial vehicles” under the Inflation Reduction Act (IRA) allows them to qualify for the full $7,500 tax credit without meeting strict sourcing requirements, which can make more models eligible for the credit when leased. Nonetheless, it is crucial for lessees to negotiate with the leasing company to ensure that any savings from the tax credit are passed on to them.
Some commonly leased EV models might include:
- Tesla Models: Various models from Tesla, such as the Model 3 or Model Y, are often leased.
- Hyundai Ioniq 5: Known for its efficiency and design, the Ioniq 5 is a popular choice among EV enthusiasts.
- Volkswagen ID.4: Another popular electric vehicle often available for lease.
The key factor is not the model, but whether the leasing company is willing to share the tax credit benefits with the lessee.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/are-there-specific-ev-models-that-are-more-likely-to-have-tax-credits-included-in-leases/
