2016 egolf in RI

RI has a new incentive for battery backed vehicles - $2,500 and with the federal rebate of $7,500 and President day inventive of $500, I am getting a lease payment of $31.00 does that make sense?

Federal tax credit goes to the owner of the vehicle (i.e., VW Credit), who then passes it on to the lessee as a lease rebate.

Are you sure you’re not double counting the $7,500 tax credit?

MSRP of the car is 29,815, the incentives bring it down to 19,315, have not got an answer on residual but if it is in the low 60’s,lease would not be more than $50?

36/10K residual for 2016 e-Golf SE is 41%. MF is .00080.