Hosted on MSN

Ford, GM workaround keeps EV tax credit alive for leasing while supplies last

Ford Motor Co. and General Motors have developed a method through the IRS guidance to extend use of the electric vehicle tax credits, at least for leases, into the fourth quarter. The Detroit ...
Hosted on MSN

Ford, GM Roll Out Dealer Lease Workarounds To Extend $7,500 EV Tax Credit: Report

Ford and General Motors have launched new programs that could allow car buyers to keep benefiting from the $7,500 federal electric vehicle tax credit even after it officially expires on Tuesday. The ...
Road & Track

Ford and GM Found a Loophole to Offer the Federal EV Tax Credit to Buyers After September

Back in July, President Donald Trump signed legislation that eliminates the $7500 federal tax credit towards the purchase or lease of new electric vehicles as of September 30. However, according to ...
Reuters

Exclusive: Ford, GM launch programs to extend use of $7,500 EV lease credit

Programs aim to soften impact of expiring US tax credit Dealers predict EV sales will plummet without subsidy IRS discussions led to Ford and GM's program development- sources Each company in recent ...
Detroit Free Press

Ford, GM workaround keeps EV tax credit alive for leasing while supplies last

The move allows certain electric vehicles to qualify for the tax incentive beyond the Sept. 30 expiration. Ford and GM spokespeople confirmed the programs to the Detroit Free Press. Ford Motor Co. and ...