- First Name
- Larry
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- #76
As I said earlier, it can be applied to capital cost reduction (to lower the lease payment) if the dealer wants to. It's their discretion to sweeten the lease deal to get you to sign. They might apply all, some, or none of the $7500, which is theirs to give.If you lease the vehicle the tax credit is applied up front and you don't have to wait for your tax year to apply. This is how it is in WA state (at least), but may be different in other states. The only issue is you will end up paying a higher price at the end of your lease term if you decide to keep the Jeep, which adds up to about the same amount as the tax credit.
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