Tesla Model 3 Highland leases qualify for IRA tax credit loophole
Teslarati
JANUARY 10, 2024
Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. In fact, Car and Driver wrote about it a year ago. As per the Treasury Department, leased vehicles can be considered commercial transactions since they do not transfer ownership of the car to the lessee.
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