Your Money Minute EV Tax Credit Workaround For EV Buyers 10/1/25
Oct 1, 2025
The show opens with a discussion about the looming expiration of the federal tax credit for electric vehicles. It explores a workaround where automakers help dealers offer discounts, allowing buyers to still benefit. Insights are shared on the potential impacts of the tax credit's elimination, especially regarding production and sales in the EV market. Industry leaders, including Ford's CEO, voice concerns about the future of electric vehicles without this financial incentive.
AI Snips
Chapters
Transcript
Episode notes
Automakers Workaround After Credit Expiry
- The federal EV tax credit expired on September 30, removing a direct purchase incentive for buyers.
- Automakers' credit divisions are buying down payments so dealers can lease inventory and pass along the discount.
Consider Leasing Current Inventory
- If you want the economic benefit, consider leasing current dealer inventory where automakers applied discounts.
- This applies only to vehicles already on dealer lots, so act quickly if interested.
Credit Removal Could Shrink EV Market
- Ending the federal credit is likely to reduce EV production and sales in the U.S.
- Ford's CEO expects EV market share to fall dramatically without the credit, signaling broader industry impact.