Federal tax rebate

Asked by klandingham Jun 28, 2018 at 03:01 PM about the 2018 Nissan LEAF SV

Question type: General

The IRS site concerning the federal tax rebate on electric cars states that a new
car isn't considered "acquired" until the title is passed to the taxpayer.  Does
this mean if I finance a car I can't get the rebate?  In my state you don't get the
title until the loan is paid off.  Thanks.

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