Leasing an EV (Electric Vehicle) Just Makes Sense!

If you finance an electric vehicle, not every make and model qualifies for the $7500 EV tax credit. However, if you were to lease an electric vehicle, many vehicles that don't qualify for the $7500 credit (if you were to finance them) do qualify.

This is because of a loophole in the inflation reduction act, and many foreign and domestic auto makers are taking full advantage of this. Vehicles from Hyundai and Kia, Mercedes-Benz, Bmw, Volvo, and vehicles like the jeep wrangler 4xE and the Jeep Cherokee 4xE qualify for the $7500 EV tax credit if you lease them.