Electric Vehicle Finance FAQ

There are many reasons to consider an electric vehicle lease when the time comes for a new luxury performance vehicle. Keyes European is here to help with support for the EV transition process — including answers to your pressing EV finance frequently asked questions. Learn more about EV ownership, and pick out the perfect electric vehicle at Keyes European.

Are New Mercedes-Benz EVs Eligible for Tax Credits?

When hybrid and EV models were first introduced, nearly all were eligible for tax credits. Since more are entering the market, the qualifications for eligibility have changed. Even though the company builds some of its EVs here in the United States, the new regulations’ cost requirements disqualify them from tax credits.

Can You Lease a Mercedes-Benz Luxury Electric Vehicle?

You can, and this amounts to a workaround for the tax credit restrictions on new vehicles. Talk to your Mercedes-Benz dealer for further details if you’re leasing a model like the Mercedes-Benz EQB or Mercedes-Benz EQE.

Can You Finance a Pre-Owned EV?

Yes, and the process is the same as financing a new vehicle. As with leasing, some pre-owned EVs may qualify for tax credits and incentives when their new counterparts don’t, and we can help you navigate this.

Are There Any Other Expenses to Factor Into EV Financing?

In addition to up-front costs like your down payment and the monthly lease or finance payments, we suggest factoring in insurance, maintenance, and charging costs.

Test-Drive Electric Mercedes-Benz Vehicles in Van Nuys, CA

When you’re ready to switch to an electric vehicle, Keyes European is here for you. We’re sharing everything you need to know about purchasing EV models, including the financing details. Find your EV for the future – and the financing that makes it yours – at our dealership today.