Before the EV tax credit expired, GM Financial paid deposits to dealers to buy essentially all EV inventory, in order to capture the $7,500 tax credit themselves with the intention of passing on the savings to lessees.
Accordingly, GMF is supporting leases on those units through residual value support:
Residual value ($) = (Posted RV% * MSRP) + $6,500
GM Financial believed this “loophole” would be valid through year-end, but the government recently told them this would only fly through the end of October.