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EV Life Financing 101
How does the EV Life loan defer EV tax credits & rebates to lower my payments?
How does the EV Life loan defer EV tax credits & rebates to lower my payments?

How the magic works.

Peter Glenn avatar
Written by Peter Glenn
Updated over a week ago

How It Works

Unlike traditional auto loans, the EV Life Loan empowers you to:

1. Lower EV payments, upfront

Lower your monthly payments by using your qualified EV tax credits and rebates upfront like an extra down payment.

2. Get 18 months to repay incentives

Get 18 months to pay back the part of your loan that comes from tax credits and rebates. This can reduce your monthly payments by as much as $200.

3. Apply online in minutes, purchase anywhere

No more waiting for the dealer finance department to crunch your numbers. Apply online in minutes and purchase your EV in days–we wire funds direct-to-dealer.

4. Recoup & repay incentives easily

EV Life's online filing service makes finding, filing, and recouping your EV tax credits and rebates a breeze.

Want to see how much you can save?

* Sample terms based on $40,000 MSRP with $10,000 in pre-qualified EV incentives, applied like an additional down payment for the first 18 months. Actual terms may vary and are subject to pre-qualifying and submitting a full loan application.

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