apacheguy
Posts: 54
Joined: Sun Mar 17, 2013 4:43 pm
Delivery Date: 17 Aug 2011
Location: California

Federal Tax Credit on Leases

Sat Apr 10, 2021 7:35 am

Former two time LEAF lease owner here. When I applied for the leases, NMAC passed on the full federal tax incentive to me in the form of a reduced price.

Talked to a friend who is looking into a lease. He was told that NMAC will only pass on $3500 from the federal credit to the customer. Does his match others experience?

Flyct
Posts: 422
Joined: Tue Nov 03, 2015 12:04 am
Delivery Date: 05 Dec 2019
Leaf Number: 310009
Location: Bradenton, Florida, US

Re: Federal Tax Credit on Leases

Sat Apr 10, 2021 7:38 am

apacheguy wrote:
Sat Apr 10, 2021 7:35 am
Former two time LEAF lease owner here. When I applied for the leases, NMAC passed on the full federal tax incentive to me in the form of a reduced price.

Talked to a friend who is looking into a lease. He was told that NMAC will only pass on $3500 from the federal credit to the customer. Does his match others experience?
The 3500 was what I was quoted when I was shopping back in November. The dealer was pushing and for me to lease rather than buy so they could generate the additional $4,000 profit.
2020 Leaf SL Plus (replaced totaled 2019:SL+)
2015 Lexus RX450h Hybrid SUV
2019 F-150 XLT Extended cab
2020 Ford F-350 Lariat Ultimate Crew Cab Short Bed Diesel- Tow vehicle
2017 Grand Design Reflection 337RLS 5th Wheel RV

LeftieBiker
Moderator
Posts: 16818
Joined: Wed May 22, 2013 3:17 am
Delivery Date: 30 Apr 2018
Location: Upstate New York, US

Re: Federal Tax Credit on Leases

Sat Apr 10, 2021 12:16 pm

I only got about $4k on my SL. It now depends on how desperate Nissan is to move the cars. We got $10,650 in incentives on the 2020 SV+, as well as about $3k more in trade in allowance than I expected on the PIP.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
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PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

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