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However, we’ll note that you’ll need to act between now and the end of the year to take advantage of the tax credit, because Nissan hasn’t made any official announcements for what will be on offer after this calendar year is over. By proceeding you agree that, if approved, Synchrony Bank may provide you with a Nissan Visa Credit Card or Nissan Visa Signature Credit Card. Meanwhile, the big battery Leaf Plus starts at $37,305 – subtract the tax credit from that, and $33,555 sounds a good bit more agreeable. Subtract the federal tax credit, and you’re looking at an effective total cost of $25,475.

The percentage of components manufactured in North America to qualify will increase and Nissan will need to re-certify the Leaf to make it eligible.Īs of today, the base Leaf starts at $29,225, including its destination charge. Of course, there’s the question of what will happen once 2024 (on the calendar) hits, because more stringent rules will go into effect.

If Nissan wanted to qualify the Leaf for the full $7,500 credit, it would need to meet the critical minerals requirement portion of the Inflation Reduction Act, too. That means that at least 50% of the battery components are either manufactured or assembled in North America.

Why now and not before? Nissan says that it “has been able to certify that 2024 LEAF vehicles produced in the U.S., meet the ’ battery component’ requirements of the Inflation Reduction Act of 2022.” The important bit to know right now is that if you buy and place into service a 2024 model year Nissan Leaf between now and December 31, 2023, you’ll be eligible for a $3,750 federal tax credit. However, Nissan says that’s no longer the case as of today. The Nissan Leaf was one of many electric vehicles to lose the EV tax credit when the current rules went into effect. The Nissan Leaf is eligible for the federal EV tax credit again The super-cheap EV just got cheaper

#Nissan credit login full#