So people who already leasing can now have an option to buyout the lease. Correct?
2024 M3 RWD didnt get the $7500 EV credit but Tesla give a $7500 credit to lower the price. Contract never says its an EV credit . Is that means one can get the EV credit also if they buy the lease now ?
No. The $7,500 EV tax credit is for buying new cars. Buying out a lease is buying a used car. And a 2024 model year car isn’t eligible yet for the used EV tax credit.
Tesla does pass through a $7500 incentive when leasing. That being said, it appears the Tesla purchase option is only at lease end, and for a predetermined fixed amount. Given we have limited contracts to analyze, early data suggests the buyout is inflated. Who knows if the used EV credit will survive a 3-year lease term, but by the time a 2024 car would be eligible for lease buyout, it would be old enough to qualify.