What does Edmunds say the rv, MF, and incentives are for the Pacifica hybrid in your zip currently?
1 Like
Hopefully not for this car…the lease deals have been from bad to super bad.
Hybrid Limited
Standard MF and 52% / 45% / 43%
No info on incentives
You do not get the $7500 as you are not the owner of the vehicle - the bank is
Gas Limited
27/12 - .00065 and 55%
39/12 - .00035 and 45%
42/12 - .00040 and 45%
$2800 incentives
This is a leasing website so I thought I did not need to explicitly state leasing when I OPed. If a purchase was the goal I would have explicitly stated. Just wanted to clarify.
Well, looks like Chrysler is pocketing those lease incentives right now then and offering lower general incentives to move them. I doubt you’ll see these leasing all that well anytime soon then.
1 Like
People have bern able to get the $7500 tax credit applied through Chrysler Capitol. This post is from April
That appears to be a post about purchasing. I would be leasing.
Youre right, sorry about that
Heres one from 2018 where Chrysler put the $7500 towards a lease
Yes, they used to contribute more than they do now. It comes and goes…
Okay, so the Chrysler credit comes and goes, and Ally passes some on, but charges an arm and a leg in interest.
Is there a bank who passes on the full EV tax credit for every car they lease?
My question exactly. One of the Mods took my last post down because I made a thread specifically about this question - which finance companies pass on the largest amount of the credit without increasing the MF.
1 Like
Because people keep asking this question without doing any research. This changes all the time so go on the Edmunds forum and check the model you are interested in, see what lease cash or incentive is available.
All of this ev credit hunt is pointless…so what if the captive passes on the full credit then drops the RV to the 30s? How is knowing which one gives you the full credit supposed to help you get a great lease?
2 Likes
I always go to Edmunds first. They don’t address this questions there though.
How it helps is the captive/finance company contributes all or a portion of the $7,500 credit toward the deal without messing around with the MF and Residual, then you are saving even more money. That’s how I got a great deal on my Volt in 2017.
Ally passes none on here. The $4500 is idl lease cash which is available on all Pacifica models, hybrid of not.
Idl cash comes at the cost of a higher MF generally, as Chrysler isn’t subveneing the rate.
None of this has anything to do with the federal ev credit.
1 Like
The other aspect of this issue that you seem to miss is that many manufacturers are offering all these incentives on regional basis…so your question has to be zip code specific. Check the Ioniq PHEV tread for example…see how there is ~$4500 difference in incentives between E and W coast?
Same for your '17 Volt…
It can change every month. What does it matter if they always passed on 100% until last month, and now it’s 30%?
The owner of the vehicle gets any federal tax credit: that’s the captive. It’s their choice to pass any or no tax credit. Why do you need some exhaustive list of cars that vary so much that nobody is cross-shopping more than a couple?
If you want to know this month for a vehicle you happen to fancy, ask Edmunds
4 Likes
You keep saying “Go to Edmunds” but Edmunds only covers captive lenders for each brand.
We are asking about 3rd party lenders. US Bank, Ally, Hockner. I don’t know all the non captives out there. We want to know if any of them pass on the full tax credit every time.
Why does it matter if they inflate the Money Factor or cut Residual? This is Leasehackr isn’t it? Maybe changing the trim, mileage or length of term can make it work!
There doesn’t appear to be any bank that consistently passes on the rebate in all cases. One would need to check the vehicle in question, every time, because it varies a lot based on current market conditions.
2 Likes
I’m not even interested in a Pacifica Hybrid. Im looking ahead to the Jeep Wrangler PHEV that comes out later this year. $7500 off a Jeep with a 70% residual could make a great deal. Doing my research now, which includes Leasehackr. Everything I’ve read says that Chrysler Financial keeps the credit for themselves.
There have been times when Chrysler has kept it for themselves and there have been times when they haven’t. Unfortunately, it varies depending on current market conditions. The 3rd party banks don’t offer their own incentives. When you’re looking at something like Ally, the big incentives are IDL cash being offered by Chrysler when using a non-captive bank.
2 Likes