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2024 Nissan LEAF
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2024 Nissan LEAF Eligible For Tax Credit Again

The Nissan LEAF is one of the oldest electric cars on sale and it also happens to be the only electric vehicle on the market in the U.S. that costs less than $30,000. Pricing for the 2024 Nissan LEAF starts at $29,280, but shoppers can get the electric vehicle for $25,530, as it’s not eligible for the federal tax credit again.

According to a press release that Nissan put out this week, 2024 LEAF models manufactured in 2024 and sold on or after March 6 are eligible for half of the U.S. federal EV tax credit. Buyers, of course, will have to meet the necessary requirements to be eligible for the federal tax credit.

Nissan claims that a portion of the federal tax credit was available to new LEAF customers through December 31, 2023. But changes in regard to “battery component” requirements for 2024 saw the LEAF lose its eligibility for any portion of the tax credit. The automaker claims that it was able to recertify the 2024 LEAF and it now qualifies for up to $3,750 of the federal tax credit. To make things even more enticing for shoppers, Nissan is offering the LEAF with an incentive of $3,750 for shoppers who lease a model.

2024 Nissan LEAF Interior

Both the LEAF and LEAF SV Plus are eligible for half of the federal EV tax credit. The LEAF and its battery packs are built in Smyrna, Tennessee.

Changes for the federal EV tax credit were put in place for the 2024 model year, putting stricter requirements in place for EVs with battery components from a “foreign entity of concern,” which includes China. In 2023, the LEAF was eligible for the full portion of the federal tax credit.

There aren’t many EVs that are in the same ballpark as the LEAF when it comes to pricing that are eligible for the federal tax credit. The Tesla Model 3, Volkswagen ID.4, and Honda Prologue are eligible for the full portion of the federal tax credit. While Chevy discontinued the Bolt EV and Bolt EUV last year, shoppers who manage to find an unsold model can still get $7,500 toward those two EVs.

Pictured: 2024 Nissan LEAF

Source: FuelEconomy.gov

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      Based out of the Washington, D.C. area, Joel Patel is an automotive journalist that hails from Northern Virginia. His work has been featured on various automotive outlets, including Autoweek, Digital Trends, and Autoblog. When not writing about cars, Joel enjoys trying new foods, wrenching on his car, and watching horror movies. 

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