Rolls-Royce Spectre Lease Credit Drops To $5,000 After EV Tax Cuts

Rolls-Royce isn’t exactly known for handing out deals, but with the federal EV tax credit gone in the U.S., the brand is trying to soften the blow just a little. It’s now offering a $5,000 lease credit on the all-electric Spectre.

According to Cars Direct, the incentive showed up in a recent dealer memo and applies to 2025 and 2026 Spectres leased before November 30. It’s actually a step down from the earlier $7,500 credit, and current financing sits around 4.6 percent APR.

Even with this offer, the U.S. version of the Spectre still ends up costing more than it did back when buyers could claim the now-expired federal EV incentive. And, like before, this new discount only applies to leases—not to customers buying the car outright.

The Spectre itself has been around since 2023 and comes in two flavors. The standard model makes 577 horsepower, while the Black Badge version ups that to 650, making it the most powerful Rolls-Royce ever built. Both use a 120 kWh battery that delivers up to 266 miles of range on massive 23-inch wheels.

Of course, five grand off a car that costs well north of $400,000 isn’t exactly life-changing. Most Rolls-Royce owners spend more than that just personalizing the interior or choosing a unique paint color. Still, it’s a small gesture from a brand that usually doesn’t bother with incentives at all.

Other luxury brands, however, are being much more generous. Maserati is offering $50,000 off its GranTurismo and GranCabrio Folgore models, plus $25,000 off the Grecale Folgore SUV. Aston Martin is also cutting prices to clear extra stock—with up to $15,000 off the Vanquish, $12,000 off the DBX 707, $10,000 off the DB12, and $7,000 off the Vantage. So yeah, Rolls-Royce’s discount might seem small, but it’s still a rare sight.