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Lease vs. Buy (The EV Loophole)

EV leasing works differently than gas car leasing. The $7,500 loophole radically changes the math.

The Secret: Due to IRS regulations, foreign-built EVs and high-income buyers don't get the $7,500 credit on purchases. However, commercial leases DO get it. Dealerships then pass that $7,500 to you as an immediate capital cost reduction. For cars like the Ioniq 5 or Kia EV6, leasing is almost always mathematically superior.

$
50%
Purchasing (72mo Loan)
Tax Credit Received$0
Est. Monthly Payment$619
Equity after 36mo (Car Value - Loan)+$716
True Out-of-Pocket Cost (36 mo)
$26,553
Accounts for monthly payments minus the equity you hold in the car.
RECOMMENDED
Leasing (36mo Term)
Tax Credit Received$7500
Est. Monthly Payment$359
Equity after 36mo$0 (You return it)
True Out-of-Pocket Cost (36 mo)
$17,918
Saves $8,635 vs buying!