Though the credit for consumers expired on Sept. 30 as part of the Big Beautiful Bill, automakers tried to keep it alive via a leasing loophole. Two GOP senators balked, so now that's dead, too. --- Don't miss out on our latest stories. Add PCMag as a preferred source on Google. --- Ford and General Motors have reportedly backtracked on plans to utilize a loophole in the now-expired federal tax credit program to offer a $7,500 discount on EV leases. Requirements to use the …
