Saturday, March 9, 2013

5 reasons to lease rather than buy an electric car

LEAF-lease-buyeditors-blog-entry3Back in the day when I thought we were going to be among the very first in the U.S. to get an electric car, I was determined to buy an EV outright, not lease one.

Now that I have had time to watch the EV revolution slowly unfold and wait on the sidelines in terms of getting an EV (we’re likely going to be in Germany for a full year, starting in August 2013, and have therefore elected to wait on getting an electric car), I’m revisiting my previous views.

If we were going to go with a plug-in hybrid such as a Chevy Volt (in my view, far and away the best PHEV due to its superior all-electric range), I might still elect to buy a plug-in.

However, if we were moving on a pure electric vehicle, I would definitely lease it, not buy it.


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