# Ioniq 5 Leasing as a backdoor into the EV tax credit

**URL:** <https://forum.leasehackr.com/t/ioniq-5-leasing-as-a-backdoor-into-the-ev-tax-credit/447571>\
**Category:** Buy/Finance\
**Tags:** usa-nationwide\
**Created:** [January 24, 2023, 9:36pm UTC](https://forum.leasehackr.com/t/ioniq-5-leasing-as-a-backdoor-into-the-ev-tax-credit/447571 "2023-01-24T21:36:21Z")\
**Posts on this page:** 1\
**Showing post:** 51

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**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\
**Post date:** [March 4, 2023, 12:00am UTC](https://forum.leasehackr.com/t/ioniq-5-leasing-as-a-backdoor-into-the-ev-tax-credit/447571/51 "2023-03-04T00:00:38Z")

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> [@2023 IRA EV/PHEV Lease Credit "pass-through"](https://forum.leasehackr.com/t/2023-ira-ev-phev-lease-credit-pass-through/445233/486):
>
> Somebody on the Ioniq 5 forums posted the early lease buyout rules for HMF. It looks like the buyout amount is adjusted cap cost minus deprecation + rent charges paid. So you save $7500 minus lease fees if you buyout. A member thought you’d be charged the full amount of the lease (all payments with unearned rent charges) but this reads that is not true. Am I reading this correctly?

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