Quote:
Originally Posted by exxxviii
Yes to your last question - The car only qualifies for the $7,500 credit because of the lease.
But it is super easy to effectively buy the car and get the credit...
- Lease the car and get the $7,500 reduction off the capitalization cost.
- Buy out the lease.
You won't lose anything doing the lease and immediate purchase this way, and you will own the car outright. |
Thanks, was afraid of that.
Would have to pay the acquisition fee, and I assume some disposition fee, and possibly other fees to terminate the lease? Hope I wouldn't have to go through lease inspections too.