I don't follow your reasoning. There are reasons not to like a lease
but the fixed income aspect is not usually one of them. In fact, often
it's the opposite: people on fixed incomes like leases because they are
predictable and the payments are (usually) lower than loan-to-buy
payments.
A quick search for a Leaf in my area (Seattle) shows several used ones
for sale ranging from $11K and up. "Used" might be an option since your
parents presumably could not benefit from the tax incentive. For
example, buying one for $20K with only 1265 miles on it could be very
lucrative.
Peri
------ Original Message ------
From: "Ben Goren via EV" <ev@lists.evdl.org>
To: "Rick Beebe" <r...@beebe.org>; "Electric Vehicle Discussion List"
<ev@lists.evdl.org>
Sent: 06-May-15 2:07:53 PM
Subject: Re: [EVDL] Inexpensive retiree-friendly EV?
Thanks, but I don't think a lease is likely to be especially desirable.
It's that "fixed income Social Security" bit...an extra triple digits
per month would be a disturbingly large fraction of their budget.
That's part of the reason why I think an EV would be ideal, if a
suitable model is affordable; no more gasoline bills, and much cheaper
per mile to charge. Once the purchase is made, it'd practically be free
transportation for them.
b&
On May 6, 2015, at 1:55 PM, Rick Beebe via EV <ev@lists.evdl.org>
wrote:
Might be worth checking out the lease options. I'm leasing a Smart ED
for $124/mo with $250 down. A Smart's not the best freeway car but
it's great around town. I've seen deals on Leafs for under $250/month.
--Rick
On 05/06/2015 04:50 PM, Ben Goren via EV wrote:
So, my parents are okay. But, apparently, their '89 Lincoln Town car
might not be...somebody pulled out of a driveway in front of them
faster than could be avoided...resulting in smoke coming from the
engine compartment and suspected possible frame damage.
So...if the insurance company winds up totaling the car, as we
suspect they might...can anybody suggest an inexpensive EV suited to
a retired couple?
It would need to be freeway-capable with a reliable won't
strand-them 50-ish mile range in a Phoenix summer with modest air
conditioning usage.
The biggest potential problem would be budget...they're on a fixed
income. They have some, but not much, money they can supplement an
insurance settlement with, and I can probably pitch in a few pennies.
I'm hoping the used market is mature enough that there might be
something worthwhile there.
Suggestions most appreciated.
Thanks,
b&
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