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dgoodhue
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- First Name
- Dave
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- Framingham, MA
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- '21 80th JLU
You as the leasee does not get the tax credit, the lesser get the credit. On Jeeps website build tool, they are now doing 4xe leases it really isn't that great of deal through FCA. On a Sahara, it was $10/month saving.
dgoodhue
Well-Known Member
- First Name
- Dave
- Joined
- Aug 22, 2020
- Threads
- 5
- Messages
- 582
- Reaction score
- 540
- Location
- Framingham, MA
- Vehicle(s)
- '21 80th JLU
If they apply 7500, it should definitely help out with a lease. Maybe they website is not accurate or they are giving a poor residual value that eats that up or Jeep just isn't trying to sell them via Lease. I would contact a dealership to find out some information.
dski
Well-Known Member
I own an electric vehicle and received a tax credit. If this is the same thing, then that credit comes off your personal income in the year you purchased it.
I'm not a CPA so you should hit up some electric vehicle forums which probably talk about it at length....or talk to a CPA.
I'm not a CPA so you should hit up some electric vehicle forums which probably talk about it at length....or talk to a CPA.
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Jocko
Well-Known Member
I'd recommend some Googling to get a more in-depth explanation than I could post here. For leases, since you are not actually buying the vehicle, it's not you but the company (I forget if it's the manufacturer or the leasing company) that gets the credit. Typically they will be willing to pass that on to you.
Not sure how versed you are in how leases work. But basically you'd just calculate out the lease like normal. The only change is the $7500 credit would get applied as a cap cost reduction. So, analogous to a down payment.
My understanding is that it is common for the company to pass the credit through to the buyer, but not guaranteed. So make sure you confirm that ahead of time with the dealer. This is the path I plan to be taking in a few months as my current lease nears its end. Good luck!
Not sure how versed you are in how leases work. But basically you'd just calculate out the lease like normal. The only change is the $7500 credit would get applied as a cap cost reduction. So, analogous to a down payment.
My understanding is that it is common for the company to pass the credit through to the buyer, but not guaranteed. So make sure you confirm that ahead of time with the dealer. This is the path I plan to be taking in a few months as my current lease nears its end. Good luck!
