Here are the top states with notable EV lease incentives based on current programs:
California
Clean Cars 4 All (now expanded statewide as the Driving Clean Assistance Program) offers income-eligible residents up to $12,000 to replace older vehicles with EVs, hybrids, or e-bikes. Leased or purchased EVs may qualify for this and additional state rebates.
Colorado
State tax credits of $5,000 (for EVs up to $80,000 MSRP) or $2,500 (under $35,000 MSRP) apply to purchases and leases requiring minimum 2-year terms. Some dealers apply credits as point-of-sale discounts.
Connecticut
CHEAPR rebates provide $1,500 for leased EVs under $50,000 MSRP. Income-eligible lessees can receive up to $4,500 extra through the Rebate+ program starting in 2025.
Additional incentives:
- Federal tax credits (up to $7,500) often apply to leased EVs, as lessors may pass savings to consumers via reduced monthly payments.
- Maine offers $2,000 rebates for new EV purchases/leases, but lease-specific details are less emphasized.
- Louisiana and Kansas provide charging station rebates (e.g., $250-$500), which may indirectly reduce lease-related costs.
For exact eligibility, consult state programs directly, as terms frequently update.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/which-states-offer-the-best-incentives-for-leasing-electric-vehicles/
