Negotiating a tax credit after signing a lease agreement for an electric vehicle (EV) is generally not possible in the way it applies to purchases. When leasing an EV, the tax credit typically goes to the lessor (the dealership), not the lessee (you). However, you can try negotiating with the dealership to see if they will pass on some of the savings from the tax credit to you in the form of lower lease payments or other incentives.
If you sign a lease without negotiating this beforehand, it’s unlikely that you can retroactively change the terms to include the tax credit savings. However, you can still approach the dealership and ask if they can offer any discounts or adjustments based on their tax benefits.
Here are some points to consider:
- Lease Negotiation: Leases are negotiable, so you should negotiate the best terms before signing. Dealers might not always honor advertised deals, and the decision to pass on tax credit savings is up to them.
- Tax Credit for Lessees: Generally, lessees do not qualify for the tax credit directly; it goes to the lessor. However, you might negotiate with the dealer to reduce your lease costs using the savings they receive from the tax credit.
- Post-Signing Adjustments: It’s less likely to adjust the terms after signing, but it doesn’t hurt to ask the dealer if they can offer any adjustments based on their savings from the tax credit.
In summary, while you cannot negotiate the tax credit itself after signing the lease, you can try to negotiate for any savings the dealership might pass on from their own tax benefits.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/can-i-negotiate-the-tax-credit-after-signing-the-lease-agreement/
