You should 10000% not be leasing an EV with the intent to buy it after. The residual will be higher than the value of the car. Hell, the residual will be higher than the value of the car in a year.
EVs (as of now) are cars you lease for cheap, enjoy, and return & repeat the process.
Like others have said it will likely will be worth less than your buyout at the end of the lease. In which case the rational decision is to ground the vehicle at lease end.
They did for DAS too. I have also put the DAS into that zero apr credit card as well. Total of about 5800$ 12 month no interest. It should yield me about a 260$ income for that year with tbills.
I even donāt mention potential gain with covered calls i am selling, lol. This is hypothetical of course.
Oh. Yeah likely.
Although considering the inflation and increase in new vehicle msrps, plus the 15k discount on msrp, it may not be that far away from residual. Unless i put 20k a year to it lol
Thatās exactly what Iāve been doing with mine - new CCs with bonuses and zero interest. Also selling covered calls but got burned big time on NVDA and PLTR as they ran away on me.
Thatās like $16k? For one of the worst EVās?
Hard pass from me but to each their own.
Iām in a $9k single pay loaded Equinox EV, AWD RS, for 24 months, the only thing Iām not happy with is that they donāt offer an upgraded audio system. I replaced the speakers but itās not enough, needs amplifier(s) but Iām not going that far with a lease. 18 months leftā¦
Iād love to have a $369/mo. payment on our RZ450e. The 300e wasnāt available when we got our 450e. The DC charging speed on our 450e has never been an issue and I like how we can slow it down to give us time to eat.
I made my own sunshade for it, which is an absolute must in these parts.
Iād rather have the 300e for the improved range and efficiency. Our 450e isnāt bad but could be better. About 3.4 Miles/kWh in Summer and about 3.1 in winter here in SoCal. Range is about 200 miles even on the 18" wheels. Ours is a 2023, so hopefully they have made some further improvements.
Itās a solid, smooth EV and the HUD is nice too. I just wish our payment wasnāt $840/mo for another year+.
But yeah, get more miles. Even 10k wasnāt enough for my parents (they also have an RZ450e).
Efficiency is great on these cars. Almost 4miles/kwh (3.9 average for me) is superior to many suv size EVs out there.
It is much better to get high mpg gas or hybrid car if the efficiency is low on EV. Electricity is not cheap in California.
Plus, Iād rather drive a lexus quality. Slow charging is not an issue either if you use home charger 90% of the time. In fact it does not financially sense to use paid fast charging.
My plan is to keep the car after lease. It does check the boxes I need. I used an egolf for 6 years, and this is definitely a step up, from range perspective