3 ms·
https://archive.is/zRxeF https://archive.is/zRxeF The article doesn't mention another big factor: leasing. Due to how the tax credit works and also due to hi
by bryanlarsen 2y ago
https://archive.is/zRxeF https://archive.is/zRxeF
The article doesn't mention another big factor: leasing. Due to how the tax credit works and also due to high residuals leasing an EV is a lot cheaper than buying or leasing an ICE vehicle in many cases. There are several EV's that can be leased for under $200/month, like the bz4x or the Kona.
I don't like leases, but if I was getting a new car now I'd probably lease. I have no idea what the resale price of an EV is going to be in 3-5 years, so if the dealership or manufacturer is willing to take that risk it might be worth it.
P.S. My $200/month doesn't include the down payment. The right way to compare is to amortize that down payment over the lease payments to get a fair comparison. But even doing that there are 2 under $250/month and 5 under $300/month: https://electrek.co/2024/05/28/five-evs-that-lease-for-under-300-month/ https://electrek.co/2024/05/28/five-evs-that-lease-for-under... And one of those 5 is the very highly reviewed Ioniq 6.