Reply To: Would you lease?

#324550
MFillingham
Participant

    It’s not a new thing that used is financially better than new.  There’s a significant level of depreciation that happens just because the car isn’t new anymore.  When 3 year’s depreciation is between 40% and 75% and lease costs have to cover that before profit and other expenses, it’s got to be expensive.

    There has to be a sweet spot where depreciation has taken a big bite out of the purchase price yet there’s plenty of warranty remaining, especially on an EV where the high voltage systems can be rather expensive.

    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