Lease to buyout within 1st month, down payment amount [CA]

[Eric9610]

Just so everyone understands the claw back would be on your federal income tax since it's a federal tax credit. It would not be listed in your lease terms. You have to look up the federal tax credit itself on the IRS website and read the details.

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[RandomMcRandomFace]

If you lease the vehicle, you don’t claim the credit, the leasing company does (and provides you with a $7,500 incentive). That’s the entire purpose of the lease workaround. It allows a potential buyer to get the benefit even if they don’t (or the car wouldn’t) qualify for the buyer federal tax credit. Leasing with an immediate buyout is a frequent strategy.