Quote:
Originally Posted by WyrTwister
I do not think that is how the federal incentive works ? With a lease , the $ 7,500 goes to the leasing company , reducing the total " cost " of the vehicle , there by eventually reducing the cost of the lease .
But I could be wrong .
Our state offers Zero incentives , or if it did , those allocated funds are gone .
God bless
Wyr
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You are correct. For me I get an incentive tax credit because 1) I'm purchasing the vehicle and 2) I'm registering it in Colorado for the first time. Colorado has always offered huge EV tax credits. I do believe right now there's a $6,000 cap but I have heard of some Tesla owners getting as much as $40,000 from Colorado.