EV lease pricing could trend upward after October, particularly for models that previously qualified for the full $7,500 credit, according to Stephanie Valdez Streaty, at Cox Automotive.
Automakers are approaching the end of the EV tax credit in a variety of ways, including specific incentives on some EVs.
As of Oct. 5, Ford dealers had about 21,600 EVs in inventory, while dealers for GM’s Chevrolet, Cadillac and GMC brands combined had nearly 38,800 EVs, according to Cloud Theory.
Car shoppers cannot expect a tax break, now that the tax credit on EVs ended Sept. 30. But oddly enough, we're still talking about some lucrative lease deals and big incentives on electric vehicles in mid-October.
"Dollar for dollar you will not find a better deal on an equivalent ICE vehicle," Ivan Drury