Leased Vehicles

Leased Vehicle Eligibility

Leased vehicles are eligible for an incentive depending on the term of the lease and whether the vehicle is used for personal or fleet purposes as shown below. To qualify for the full value of the incentive, a minimum 36-month lease term is required. For vehicles leased for shorter terms, the incentive will be applied according to the following schedule. If the applicant breaks the lease, the applicant will be required to return the difference between the original lease time incentive and the actual lease time incentive.

Term of Lease (months) Applicable Incentive for
Applicable Incentive for
12 33.3% 0%
24 66.7% 0%
36 100% 100%

*NOTE: Fleet vehicles are not eligible for 12 month or 24 month lease incentives.