Just Text Us

(201) 815-8216

A simple Answer TO yOUr Question

How does the federal EV tax credit work on a lease?

When you lease an EV, the leasing company owns the vehicle and claims the $7,500 commercial clean vehicle credit. The IRS requires lessors to pass this benefit to consumers in the form of a lower capitalized cost. This is advantageous because the lease credit does not have the same income limits or vehicle price caps that apply to retail purchases. It is one reason leasing an EV often makes more financial sense than buying.

More FAQs
The Blog

📥 FREE DOWNLOAD

The Smart Buyer's Guide to Leasing vs. Buying in 2026

Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives

Contact Details
Download the Free Guide

Smart move!

Download the guide below, plus we've sent a copy to your inbox.

Download the Guide
Oops! Something went wrong while submitting the form.
Red luxury coupe SUV with tinted windows on a race track with red and white curbs.

Affordable Cars Available Now

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Cars Under $20,000

AS LOW AS
$
/MO
#
Miles
Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Shop Great Deals

AS LOW AS
$
/MO
#
Miles
Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Delivery by Monday

AS LOW AS
$
/MO
#
Miles
Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Shop Fuel Efficient

AS LOW AS
$
/MO
#
Miles
Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Silver Kia Niro SUV driving on road with pink blurred flowers in foreground.

Value Tracking

AS LOW AS
$
/MO
#
Miles

No credit impact, view Get personalized insights on your car’s value, so you can time your next car with the most savings.real payments while shopping.

Silver Kia Niro SUV driving on road with pink blurred flowers in foreground.

Learn More
Electric SUV driving on a winding mountain road at sunset with hills and greenery surrounding.

Insurance Coverage

AS LOW AS
$
/MO
#
Miles

Effortless to buy and personalized to you, with coverage deals with Vantage.

Electric SUV driving on a winding mountain road at sunset with hills and greenery surrounding.

Learn More

673

Testimonials

What Our Customers Say

People come for the number. They stay for how easy we make it.

Read About Their Experience
Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

AS LOW AS
$
/MO
#
Miles

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

I've loved working with Vantage for my last two cars. It's so much better than having to go to multiple dealerships and haggle to get the right make, model and price you're looking for. Their customer service and quick turnaround to getting a car delivered to your door is incredible. Highly recommend them for your car shopping needs!!

I've loved working with Vantage for my last two cars. It's so much better than having to go to multiple dealerships and haggle to get the right make, model and price you're looking for. Their customer service and quick turnaround to getting a car delivered to your door is incredible. Highly recommend them for your car shopping needs!!

Scott Wolinsky

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

AS LOW AS
$
/MO
#
Miles

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Great service! Sean worked with me over a couple of weeks to get a car that fit my budget and that I love. They delivered the car right to my house with a full tank of gas, signed some paper work and I was done. 100% would recommend.

Great service! Sean worked with me over a couple of weeks to get a car that fit my budget and that I love. They delivered the car right to my house with a full tank of gas, signed some paper work and I was done. 100% would recommend.

Peter Foltz

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

AS LOW AS
$
/MO
#
Miles

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

I just got my 3rd car through Vantage Auto. The process has always been seamless. I've mostly worked with Sarah and she's always very responsive. She finds out what we want and our approximate budget and is quick to tell me what my options are - including some out of the box ideas. She's able to find good deals on cars we may not have previously considers. Sarah coordinates everything including test drives, picking up your old car, and delivering the new car. I've been very happy with the service I've received from Vantage and highly recommend them for your car shopping needs.

I just got my 3rd car through Vantage Auto. The process has always been seamless. I've mostly worked with Sarah and she's always very responsive. She finds out what we want and our approximate budget and is quick to tell me what my options are - including some out of the box ideas. She's able to find good deals on cars we may not have previously considers. Sarah coordinates everything including test drives, picking up your old car, and delivering the new car. I've been very happy with the service I've received from Vantage and highly recommend them for your car shopping needs.

Josh Sobin

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

AS LOW AS
$
/MO
#
Miles

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

All the hassles & time consumption in buying a new vehicle were nil, because Vantage Auto Group took care of everything & delivered the vehicle I wanted

All the hassles & time consumption in buying a new vehicle were nil, because Vantage Auto Group took care of everything & delivered the vehicle I wanted

Robert Murphy

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

AS LOW AS
$
/MO
#
Miles

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Incredible service! Quick, easy, and got exactly what I wanted at the right price

Incredible service! Quick, easy, and got exactly what I wanted at the right price

Steven Finkelstein

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

AS LOW AS
$
/MO
#
Miles

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

I had a great experience with Vantage. From start to finish the process was seamless and quick. My salesperson Mark Viegas was great and very professional. I would recommend him and Vantage to anyone looking to by a new car.

I had a great experience with Vantage. From start to finish the process was seamless and quick. My salesperson Mark Viegas was great and very professional. I would recommend him and Vantage to anyone looking to by a new car.

Brian Dorst

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

AS LOW AS
$
/MO
#
Miles

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

It was a “fun” way to make a car purchase. Mark V. and the whole team were responsive, informative, and very friendly! Can’t wait to purchase the next one!! (😬🤪) Thank you!! Ulla & Bill

It was a “fun” way to make a car purchase. Mark V. and the whole team were responsive, informative, and very friendly! Can’t wait to purchase the next one!! (😬🤪) Thank you!! Ulla & Bill

W Shuler

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

AS LOW AS
$
/MO
#
Miles

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Leased a brand new VW Tiguan for my daughter’s 17th birthday. Great pricing! Excellent service! No problem. Will recommend and come back when lease expires. Great job!

Leased a brand new VW Tiguan for my daughter’s 17th birthday. Great pricing! Excellent service! No problem. Will recommend and come back when lease expires. Great job!

Robert Kogan

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

AS LOW AS
$
/MO
#
Miles

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Sean and the team are fantastic, and make a complicated process really easy. Not to mention they got us a lease deal on our new jeep at a better price than what we’ve been paying the last 4 years… can’t thank them enough!

Sean and the team are fantastic, and make a complicated process really easy. Not to mention they got us a lease deal on our new jeep at a better price than what we’ve been paying the last 4 years… can’t thank them enough!

Karlyle Saur

Previous
Next