I think longer lease terms are well suited to EVs as they are holding value better than ICE and that can only continue as we approach 2030. Even before residuals got silly, prices held firm with 3 year old Konas sitting only £5-7k below new prices and the longer range models closer. Now, many are cheaper new…
My concern is that with these longer leases the customer will be the ones bearing risk either with continued high APs or contribution to MOT costs.
I'm Autistic, if I say something you find offensive, please let me know, I can guarantee it was unintentional.
I'll try to give my honest opinion but am always open to learning.
Mark