Gen(R3)Xer
Well-Known Member
Vehicles depreciate the longer you have them and the more miles you put on them. This is especially true with EVs because there’s not a ton of data on battery replacement costs (although it’s becoming cheaper year-by-year), battery chemistry advancements/breakthroughs (like sodium-ion or solid state), and the demand/feasibility of autonomous driving and AI features requiring more and more powerful hardware for computing.
Until this stabilizes I’m leasing. If it stabilizes while I’m leasing I will buy out the lease. Always make sure you have this option and that the residual value is not above the market value when it’s time to buy. If it is, you can always walk away.
Until this stabilizes I’m leasing. If it stabilizes while I’m leasing I will buy out the lease. Always make sure you have this option and that the residual value is not above the market value when it’s time to buy. If it is, you can always walk away.
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