Porsche Taycan – EV Lease Tax Credit
There are many reasons to consider a Porsche Taycan lease. With pre-set residual values, minimal initial cash requirements, and generally lower monthly payments, a Porsche Preferred Lease can be a wise alternative to a cash purchase or traditional retail financing. Additionally, when you lease a Porsche Taycan at Porsche Denver West, you’ll qualify for the PFS Clean Vehicle Lease Tax Credit Pass-Through Program.
EV Tax Credits
At one time, nearly all EV, hybrid, and plug-in hybrid models qualified for up to $7,500 in federal tax credits. The program was designed to make eco-friendly models more accessible for drivers. More recently, the requirements to qualify for the programs have changed. Now, vehicles must be assembled in North America to qualify for federal EV tax credits. Of course, the Porsche Taycan is assembled in Germany, but that doesn’t mean you’re out of luck.
EV Leasing Credits
While the constraints to qualify for federal tax credits may have changed, Porsche Taycan drivers can still access EV lease tax credits. The requirement for vehicles to be assembled in North America applies to personal vehicles, but not to fleet vehicles, and that includes leased models. Technically, leased vehicles are still owned by the vehicle manufacturer and are part of their fleet. This means that leased electric models can qualify for tax credits that Porsche passes through to the lessee.
PFS Clean Vehicle Lease Tax Credit Pass-Through Program
The great news for Porsche enthusiasts … the all-electric Porsche Taycan is eligible for the Porsche Financial Services Clean Vehicle Lease Tax Credit Pass-Through Program. This program provides a capitalized non-cash credit of up to $7,500 when you drive home your new Taycan.
Lease a Porsche Taycan at Porsche Denver West
Learn more about the benefits of leasing an EV model at Porsche Denver West, and drive your Porsche Taycan home from our Porsche Center today.
Contact a Porsche Brand Ambassador at 877-622-9880.