Got an XC90 PHEV lease quote

That’s not true. XC90 Recharge can get the EV credit through leasing.

The comparison is purely based on MSRP and off %. Do you have an example such comparison can be poor and even wrong? :slight_smile:

That’s what I said :eyes:

I think you only mean S60 and S45? :slight_smile:

That’s not what I said either.

The S60 is built in SC, it’s eligible under Section 30. The other recharge models (C40, XC40/60/90) don’t qualify under section 30, you have to lease them for the incentive.

Sorry, then what does “S45” mean here? Oh, do you mean Section 45 (vs Section 30), instead of S45 (vs S60)?

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If you financed it what would the numbers be if you calculated $7500 as a tax credit and not as a reduction to MSRP? If your looking at at a $1200 payment on a lease then statistically you should be approaching $7500 in fed taxes. It’s a credit so it’s $1 for $1 unlike a deduction.

You can not claim a $7500 tax credit on a purchase on this

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Ah crap, thanks for catching my assumption.