Leasing has hit a staggeringly high percentage for plug-in electric vehicle sales in the US, according to an Experian Automotive report.
Theres a few reasons for that happening one being that the federal tax incentive is already wrapped into the monthly lease payments. Those purchasing the car could wait as long as 15 months to get that check in the mail.
NADA Used Car Guide recently put out a report on how bad things are for resale values of these new-to-the-market electric vehicles another reason to have a lease.
While the leasing penetration is high, its not exactly unexpected that it would be one of several incentive structures being offered by government and OEMs to move the metal. There quite a few issues to be addressed for consumers to buy in range anxiety, battery life, charging time, and charging station infrastructure development.
Click here to read more about the leasing vs. purchase issues, including why some consumers will be more interested in loan instead of lease.The Article Clear Winner in Leasing vs. Purchase for Electric Vehicles appeared first on Automotive Digest.