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The situation with electric cars is a little more complicated , as there's a $7500 tax credit for them. If I lease an electric car I can get the full value of t
by cdjk 13y ago
The situation with electric cars is a little more complicated , as there's a $7500 tax credit for them. If I lease an electric car I can get the full value of that $7500 over the 2 or 3 year lease. If I buy it, that value is spread out over the entire life of the car.
Personally I'd prefer to lease an electric car, and am going to soon. Even if it's more expensive than buying one, the extra cost is like buying an option to give at back after 2-3 years, which is worth something, especially with relatively new battery technology.
- recuter 13y agoWhy does it follow that you get to benefit from the tax credit and not the entity that leases the car to you?