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Social Media Users Frustrated Companies Don't Have to Apply $7,500 Federal Tax Credit to EV Leases

19 Jan 2023 | Abstracted from Just the News

"If the customer purchases the car outright, they would be eligible to apply for the $7,500 tax credit.

"There is a separate commercial clean vehicle credit available totaling $7,500 that vehicle leasing companies with models assembled outside of North American can qualify for, but they aren't required to pass that credit along to the leaseholder either.

"Volkswagen is currently advertising that it plans to voluntarily apply the $7,500 federal credit to leases of its new, fully electric ID.4..."



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