With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.
I buy or lease every 3-4 years. Why? Because I can. I’m doing my part to make sure to eat the depreciation hit for people who want to buy them on the used car market and drive them to the wheels fall off.
There’s definitely good arguments for this, for some people, although I do believe many are making a mistake.
There’s an even better argument for leasing an EV, since the technology is changing so rapidly. A prime example is the upcoming shift to NACS chargers in the US. From the larger perspective, it’s an even better idea to help jump start the used EV market
I buy or lease every 3-4 years. Why? Because I can. I’m doing my part to make sure to eat the depreciation hit for people who want to buy them on the used car market and drive them to the wheels fall off.
There’s definitely good arguments for this, for some people, although I do believe many are making a mistake.
There’s an even better argument for leasing an EV, since the technology is changing so rapidly. A prime example is the upcoming shift to NACS chargers in the US. From the larger perspective, it’s an even better idea to help jump start the used EV market
Two of my my recent leases were/are EVs for that reason.