If you lease a vehicle, the lessor (company that maintains the vehicle title) is the original user. This means that they will claim and receive the tax credit, but they can pass it along to the lessee (you, the customer) in your lease payments. When negotiating your lease terms, simply ask if they are willing to lower your deposit or monthly payments in an amount equal to the tax credit. The lessors receive the tax credit through the Commercial Clean Vehicle Tax Credit.
By: Lindsey Perkins
|
Published: 02.28.2024
Can I get the tax credit by leasing a new clean vehicle?
Get more EV info in your inbox
Sign up for Plug In America’s newsletter to stay up to date with what’s coming down the road.
Related Articles:
By: Plug In America
|
Published: 07.03.2025
Plug In America’s EV Support Program: Making Your Switch to Electric Easy
Making the leap to an EV or maximizing the one you already own can raise many practical questions: Will an EV fit my lifestyle? Which incentives can I claim? How do I choose the right home charger? For the last six years, Plug In America has successfully operated and supported[…]
By: Plug In America
|
Published: 06.27.2025
Carmax, Carvana, and automotive stakeholders urge Congress to keep EV tax credits
As we’ve previously explained, cutting the EV tax credits now would be a costly mistake. If the EV tax credits are rolled back: People will lose hundreds of thousands of jobs, and companies will lose billions of dollars in investments. Since January, uncertainty about federal support for clean energy projects[…]