Tax Rebate & Federal Credit on Leases

[Jae001]

I can't find this info on the forums and of course Tesla can't answer it for me. I live in CA there is a $2,500 tax rebate on EVs and of course there is still the $3,750 federal Tax credit. Do these rebates and credits apply if I lease a Tesla? When I go through the checkout process on Tesla's site the CA rebate is removed from the lease breakdown. When I google the federal credit and lease most sites say you don't own the car it is a lease so the federal credit goes to the lease holder (the bank). Has anyone leased a Tesla in CA and got both the rebate and the federal credit? Thanks.

 

[Greengolfer]

When you lease an EV in California, you qualify for the $2500 state rebate. Unfortunately, you don't qualify for the federal rebate. You must purchase the EV to get both.

 

[Jae001]

OK, so why when I select lease on Tesla's site it shows the Federal tax credit?? Makes no sense to me!

 

[murphyS90D]

Some leasing companies will pass the Federal tax credit through to the customer in the lease calculations. The leasing company owns the car and claims the credit on their tax return.

 

[Jae001]

Well that makes sense but I guess you won't know until you are almost done with the purchase. It would be nice if Tesla explained this stuff more.