It is a credit, but it is not refundable and cannot be carried over into future years. However, it has led to some pretty good lease deals for people that can’t

It is a credit, but it is not refundable and cannot be carried over into future years. However, it has led to some pretty good lease deals for people that can’t get the full credit themselves, since for leases the credit goes to the company providing the lease. Also good points about the value of the credit being effectively passed on for used car sales.