Submitted by Stephen in Seattle on March 12, 2017
Apologies if this has already been covered, but how does the $7,500 US tax credit work if you lease the car? I'm a day 1 West Coast reservation holder with more than $7,500 annual tax liability, so I'm optimistic I will be eligible. But what if I decide to lease? How does that work? Does the leasing company get the credit and I get a lower payment? Or do I still get a lump $7,500 credit? Or do I get nothing at all?