EV Tax Credits Expire: Lease Prices Soar for Electric Vehicles

Federal EV tax credits have expired, leading to significant price increases for leasing electric vehicles. Learn how this change impacts you.

EV Tax Credits Expire: Lease Prices Soar for Electric Vehicles

It's been a few weeks since we lost the EV tax credits on eligible electric cars like the Model Y, and we're starting to see just how much money we're not saving now. One of the quickest ways to see the effect is to take a look at leasing costs. While some brands are actually doing their best to match the deals they were offering while the incentives were still in play, the vast majority of once-eligible cars now cost a lot more to drive from month to month.

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