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Yes, they apply to both buying and leasing, this is how Hyundai, Kia and Genesis are able to offer the $7,500 rebate on their EVs. As they ramp up production in the US, many of this model year are from Korea and so only leasing gets the rebate, next year they will produce all their EVs in the US having the rebate for both buying and leasing. Cool thing is all those new EVs made in Korea that do not sell can be turned into demo EV's and then sold as used with the $4,000 rebate even when they were made out of the country. Plenty of ways to get around the U.S. built only for new sales rebate.

Do those credits and/or rebates apply when you lease an EV, buy an EV, or both?

Yes, for me I always hated the idea that you had to wait till the end of the year to get your credit and you had to finance and pay the full amount when it should have been a rebate all along. Now with January 1 2024 the credit becoming an instant rebate at the point of purchase, EVs sales should take off and of course as you pointed out, $4,000 rebate for used EVs makes it very enticing. Another point is that if you have both a 220V outlet for a dryer as well as Natural Gas, and like me your not using the 220V as I use Natural Gas Dryer, then I can easily use that as a home charger circuit breaker to have it in my garage and just change the location. Very excited for this rebate, next year could be the year for my first EV.

Tesla has won. Any car company that doesn't switch to NACS might as well close up shop and go out of business.