Complimentary NY Metro Delivery + Total Loss Protection Available • See How It Works

Just Text Us

(201) 815-8216

What happens to the EV tax credit if I return the lease early?

The tax credit is between the leasing company and the IRS, not you. If you return the lease early, the credit stays with the leasing company and has no direct impact on your taxes. Your obligation is to settle any early termination fees per your lease agreement. The credit itself does not need to be repaid by you when the lease ends.

See all FAQs