TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

Model 3 Tax Credit (2019 Delivery)

Discussion in 'Model 3' started by silentrider21, Jan 30, 2020.

  1. silentrider21

    silentrider21 Member

    Joined:
    Oct 17, 2019
    Messages:
    33
    Location:
    Bay Area
    Quick question: I am leasing a model 3 and took delivery in December of 2019, do I qualify for the tax credit? I have seen people post that it is calculated into the residual value, but during delivery the employee mentioned that I should be able to take advantage of the tax credit.
     
  2. thefortunes

    thefortunes Active Member

    Joined:
    Jun 14, 2013
    Messages:
    1,053
    Location:
    Wisconsin
    If you are talking about the Fed tax credit, no.

    I believe Cali allows it if your lease is longer than a certain length.
     
  3. LCR1

    LCR1 Active Member

    Joined:
    Oct 24, 2017
    Messages:
    1,321
    Location:
    Houston
    If you are leasing, legally you can't claim the tax credit because you didn't purchase the vehicle
     
  4. TLLMRRJ

    TLLMRRJ Active Member

    Joined:
    Dec 19, 2019
    Messages:
    1,351
    Location:
    Houston
    Tax credit should have been applied to the lease and lowered your payments. If not, someone is keeping your money.
     

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC