2015 Electric Car Tax Credit Information | Autobytel.com

Electric Vehicle tax credit Lease

Vehicles / June 28, 2018

As for rebates and incentives, there's a $2, 500 Incremental CCR incentive through GM Financial (CA or OR only). Given how Bolt EV qualifies for the full $7, 500 federal tax credit, we frankly expected the CCR to be higher. But it looks like GM is passing only a fraction of that amount to lessees - and using the rest to inflate the residuals (which also lowers the payment).

There are no other incentives from GM at the time (no competitive owner/lessee cash, no Farm Bureau rebate, and the like). However, like all battery electric vehicles, Bolt EV does qualify for the $2, 500 CVRP mail-in rebate from the California Air Resources Board.

Putting It Together

A base 2017 Bolt EV has an MSRP of $37, 495, and the invoice is $35, 155 (both include destination charge). We expect most Bolt EVs to initially sell for close to MSRP. Costco or GM Supplier pricing, which is typically close to invoice, has not been released yet.

Use the lease calculator below to customize your own inputs, such as mileage and selling price. Here's a sample deal of a base Bolt EV LT assuming a selling price of $36, 495 (a discount of $1, 000), excellent credit, Los Angeles County sales tax, and 10, 000 miles per year. Bolt EV qualifies for a $2, 500 CVRP rebate, which we've fronted as a down payment in this example.

Source: leasehackr.com