You can now lease a Hyundai electric vehicle on Amazon and take advantage of the $7,500 tax credit.

You can now lease a Hyundai electric vehicle on Amazon and take advantage of the $7,500 tax credit.

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      Amazon has changed the way we shop for nearly everything—from books to furniture to groceries. Now, it’s also altering the way we lease cars. With Amazon Autos, you can lease a brand-new Hyundai entirely online—and if you opt for an electric model such as the Ioniq 5, Ioniq 6, or Kona EV, you’ll be eligible for the full $7,500 federal tax credit.

      Here's the significance: Starting January 2025, Hyundai’s electric vehicles will no longer qualify for the tax credit if purchased outright, due to federal regulations regarding battery sourcing and final assembly. However, when you lease, the vehicle is technically owned by the leasing company (Hyundai Capital), which classifies it as a “commercial vehicle” under U.S. tax law—thus making it eligible for the tax credit. This potential savings is generally passed on to you as lower lease payments.

      With Amazon’s new service, you can explore Hyundai’s electric vehicle inventory, secure financing, trade in your current vehicle, and schedule a pickup—all within the Amazon platform.

      This service is available in 68 markets across the United States, with fully transparent pricing—no hidden fees or negotiating required. Currently, Hyundai is the only automaker fully involved, but more are anticipated to join in the future.

      Pioneered by companies like Tesla, the trend of online vehicle purchasing or leasing has grown significantly since the Covid pandemic. A 2024 study by iVendi indicated that 74% of car buyers expect to utilize some form of online process for their upcoming purchase. Furthermore, 75% reported that their online buying experience met or exceeded their expectations, with convenience and access to information as key reasons. The 2024 EY Mobility Consumer Index supported this trend, revealing that 25% of consumers now plan to buy their next vehicle online—up from 18% in 2021. Even among those wanting to finalize their purchase at a dealership, 87% use online resources for research prior to visiting.

      Additionally, Deloitte’s 2025 Global Automotive Consumer Study points out that while 86% of U.S. consumers still prefer to test-drive vehicles in person, digital tools have become essential during the buying process.

      In summary, Amazon is streamlining the leasing of electric vehicles and the process of claiming the tax credit—eliminating the typical dealership hassle. If you're ready to make a move, it may be time to check out.

      Nick Godt has reported on global business news across three continents for over 25 years.

      Jaguar Land Rover, Nissan suspend shipments to U.S. over tariffs

      Jaguar Land Rover (JLR) has declared it will temporarily halt shipments of its UK-made cars to the United States this month, while it navigates President Donald Trump's 25% tariff on imported vehicles. "As we work to adapt to the new trading terms with our business partners, we are implementing some short-term measures, including a shipment suspension in April, as we formulate our mid- to long-term strategies," JLR stated in a message to various media outlets.

      Toyota accelerates plans: 15 New EVs and one million cars by 2027

      After years of cautiously approaching the electric vehicle (EV) sector, Toyota is finally increasing its focus on fully electric vehicles. The Japanese automaker, which has traditionally depended on hybrids, now aims to develop approximately 15 fully electric models by 2027, a notable increase from the five it currently offers. These vehicles will include models under both the Toyota and Lexus brands, with annual production expected to hit 1 million units by that time, as reported by Nikkei.

      This plan indicates a substantial shift for Toyota, which has previously taken a conservative stance towards electric vehicles, selling merely 140,000 EVs globally in 2024—accounting for less than 2% of its total global sales. Nevertheless, Toyota is striving for a significantly larger presence in the EV market, targeting about 35% of its global production to be electric by the decade's end.

      According to the Nikkei report, the company plans to diversify its production beyond Japan and China by expanding into the U.S., Thailand, and Argentina. This approach could help alleviate the impact of President Donald Trump's 25% tariffs on all imported cars, while also reducing delivery times. Additionally, Toyota is constructing a battery manufacturing facility in North Carolina.

      At present, Toyota offers only two fully electric vehicles in the U.S. market: the bZ4X and the Lexus RZ models. The Japanese automaker is projected to unveil new models, including the bZ5X and a potential electric version of the well-known Tacoma pickup.

      Separately, on April 4, Toyota and Honda, along with South Korea’s Hyundai, announced they would not be raising prices in the coming months following the implementation of U.S.

You can now lease a Hyundai electric vehicle on Amazon and take advantage of the $7,500 tax credit. You can now lease a Hyundai electric vehicle on Amazon and take advantage of the $7,500 tax credit. You can now lease a Hyundai electric vehicle on Amazon and take advantage of the $7,500 tax credit. You can now lease a Hyundai electric vehicle on Amazon and take advantage of the $7,500 tax credit. You can now lease a Hyundai electric vehicle on Amazon and take advantage of the $7,500 tax credit.

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You can now lease a Hyundai electric vehicle on Amazon and take advantage of the $7,500 tax credit.

With Amazon Autos, you can now lease a brand-new Hyundai entirely online, and even more advantageous, you’ll be eligible for the complete $7,500 federal tax credit if you select an electric model such as the Ioniq 5, Ioniq 6, or Kona EV.