Leasing versus purchasing in 2023

Discussion in 'Kia Niro' started by Raleigh Ron, Dec 17, 2023.

To remove this ad click here.

  1. Raleigh Ron

    Raleigh Ron Member

    Has anyone figured out if leasing or buying a Niro EV (either 2023 or 2024 model that you plant to keep, say, 3 years) is a better deal? I've heard if you lease, you should get $7500 tax credit off the price of the car (along with any other dealer incentives you can negotiate), so that's a plus for leasing, but most Kia dealers websites don't mention the $7500 credit.
    Robert Bratton likes this.
  2. To remove this ad click here.

  3. I have heard the same thing about the tax credit with the addition that since the leasing company is buying the car for commercial purposes, the credit will apply even if the car wouldn't normally qualify. I can't find an official reference for the now however.

Share This Page