Sign in to follow this  
Followers 0
VK

Why EV Drivers like to Lease and not to Own Electric cars?

Recommended Posts


U.S. drivers lease almost 80 percent of battery electric vehicles and 55 percent of plug-in hybrids. They choose to lease instead of buying these cars. Why is that? 

Share this post


Link to post
Share on other sites

expensive maintenance maybe? Also, I am not convinced all those shop would know how to fix those cars

Share this post


Link to post
Share on other sites

Tuffy Car Center near me surely can't

Share this post


Link to post
Share on other sites

2 minutes ago, JohnAtronis said:

expensive maintenance maybe? Also, I am not convinced all those shop would know how to fix those cars

It goes along with the general leasing trend in the U.S. right now

Share this post


Link to post
Share on other sites

(edited)

2 minutes ago, Joanna said:

It goes along with the general leasing trend in the U.S. right now

maybe , but in Europe not so much. For instance, people in Norway are buying rather than leasing. Mostly due the help of Norway’s generous subsidies and other benefits for people who go electric, since its parliament hopes to phase out the sales of gas cars by 2025. Do we have any in US?

 

Edited by Meanwhile

Share this post


Link to post
Share on other sites

3 minutes ago, Meanwhile said:

maybe , but in Europe not so much. For instance, people in Norway are buying rather than leasing. Mostly due the help of Norway’s generous subsidies and other benefits for people who go electric, since its parliament hopes to phase out the sales of gas cars by 2025. Do we have any in US?

 

we do, but I guess it is not enough for ordinary truck lover. Buyers of plug-in hybrids and electric cars benefit from a tax credit of $2,500 to $7,500, depending on the size of the battery in the car. On the low end of the spectrum, cars with 4 kWh battery packs will qualify for a $2,500 tax credit. The credit maxes out at $7,500 for cars with a 16 kWh battery pack, like the Chevy Volt. The credits were provided as part of the American Recovery and Reinvestment Act, otherwise known as the “stimulus bill.” That is Federal incentive and then every state offers different range of own benefits

Share this post


Link to post
Share on other sites


I think  it's  about public policy to spur EVs adoption and still meager demand for these vehicles. 

Share this post


Link to post
Share on other sites

It's like with cell phones, buyers just want to keep it up with new models and change constantly their "obsolete" models. And it's much easier with leasing. 

Share this post


Link to post
Share on other sites

Definitely better to lease ... when you lease, as someone said, you just trade in for the newer model and don't have to bother with maintenance. 

Share this post


Link to post
Share on other sites

I think it's better to buy than to lease if you want to save your money. And isn't better to own something you are paying for? 

Share this post


Link to post
Share on other sites

With lease, this restriction is always an issue because you are paying a penalty at the end of your lease if you go over your mileage allotment. And if  you buy an EV, you can drive it without any mileage restrictions.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0