First time in market for EV car. How does tax credit work for purchase? Do we get $7500 adjusted on MSRP (for eligible cars of course) from dealer directly or we pay full right now and then claim $7500 in tax returns?
For example, Nissan website shows MSRP $27,400 with 0% APR offer for 2022 Leaf. Assuming I find a dealer who can honor that (in current market), does it mean my effective purchase price would be 19,900(27,400 I pay to dealer - $7500 tax credit I can claim in my tax returns)?
Or am I missing something?
