USA Federal EV Credit of $7500- Is this possible to claim if I assume a Tesla lease with Tesla Financial?

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I’ve assumed a few leases on Swap A Lease and have a Tesla located in California in my sights. This was leased without any ev credits assigned.

#Lease transfer, #Tesla #EV Credits in USA. Car in #California I’m in #Minnesota. #Financing

I have used swapalease for BMW X3 and Tesla M3 with success in the past. I have another swap I am prepared to take over/ assume from Tesla. The current lease has not claimed the Federal tax credit on it because it was not available at the time they leased the vehicle. This is not a private party deal- it is Tesla Finance reassigning the lease to me and out of the previous leasees name. Obviously, I’d like to claim the $7500 deduction- Does Tesla need to provide me with some documentation- or will they? If anyone knows that would be a great help. Cheers!

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You cannot.

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You don’t own the car. No tax credit to claim, so Tesla Finance doesn’t need to provide anything.

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You can not claim a tax credit on a lease ever.

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EV credits are ‘assigned’ on original sale date,

So you can’t say they ‘werent claimed’ they ‘weren’t there based on original sale date’.

CA Does have a $1000 Used EV rebate and yes Leases count. So you might qualify for that.

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Thank you for the clarification. There are conflicting reports online so I am glad several credible people here have made it crystal clear. Any Fed tax rebate on a lease goes to the Finance co (actual buyer) not the person leasing it, and they(finance co) can decide how to use it. Thx!

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