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Ford follows GM, abandons tax credit discount lease scheme

Only a week after both automakers indicated their plans to leverage discounts at the last minute, plans have been abandoned. By Stewart Burnett

Ford has withdrawn a programme intended to extend US$7,500 discounts on leasing electric vehicles (EVs) beyond the elimination of federal tax credits on 30 September 2025, following a similar reversal by General Motors announced 8 October. The automaker will instead maintain current lease payments without claiming the subsidy that it sought to prolong through its financing divisions.

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