If people believe this the end result will be dramatic lessening of the
value of used EVs. That said it's not really fair comparing the monthly
cost of a lease against a purchase. At the end of those 3 years the
lessee will have to get another car whereas the purchaser may go for a
number of years with no payments. For example, keep them for 5 years:
Lease Purchase
Year 1-3 Downpayment $2400 $2400
36 payments @ $ 199 $ 300
Year 4-5 downpayment $2400 $ 0
24 payments @ $ 199 $ 0
Total: $16740 $13200
$3500 more to lease and this fictitious example includes $15,000 federal
tax credits!
--Rick
On 08/21/2014 03:51 AM, brucedp5 via EV wrote:
> That's the conclusion of a new article in Wired, which compares leasing a
> new Nissan Leaf battery-electric vehicle to buying a two-year-old version
> with about 33,000 miles on it. Turns out, leasing comes out way ahead. A
> $2,400 down payment will procure a 36-month lease at $199 a month.
> Meanwhile, a two-year-old Leaf with a $15,000 Kelley Blue Book value will
> cost more than $300 a month to finance. Much of the reason for the lower
> lease rate is that the $7,500 federal tax credit is baked into the lease
> terms, whereas a second-hand EV doesn't provide that benefit.
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