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Federal Tax Credit on Leases

Posted: Sat Apr 10, 2021 7:35 am
by apacheguy
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?

Re: Federal Tax Credit on Leases

Posted: Sat Apr 10, 2021 7:38 am
by Flyct
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.

Re: Federal Tax Credit on Leases

Posted: Sat Apr 10, 2021 12:16 pm
by LeftieBiker
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.