Should you lease or buy an EV?

Leasing An Electric Car May Be More Profitable Later On.

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In addition to cost savings and less restrictive tax credits, leasing may have other advantages over buying an EV. Don’t be stuck with old technology. EV technology is advancing rapidly, increasing battery range and potentially lowering purchase prices over time. Source: www.consumerreports.org

How To Lease An EV Or PHEV With A $7,500 Tax Credit

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There are no easy answers. Regardless of tax credits, in some cases buying a car can be the financially smart option, but in other cases leasing may be preferable. To estimate whether leasing makes economic sense, we recommend calculating the total cost of the lease and comparing it to the cost of the lease. Source: www.consumerreports.org