Looks like Leasing is back in a big way. Leasing EV is taking the forefront, but even ICE vehicles continue to lease in large quantities. Even if there are a ton of people on LH who hate ICE leases and complain about how dumb it is to lease ICE in every single thread that discusses an ICE vehicle.
88% of Polestar is leased? 61% of Porsche is leased despite their lease program not being attractive? That piques my interest in the demographic of folks who lease.
Updated information for Q1 2024. @gasdoc is rolling in his grave seeing EV as less than 10% share, but all these EV leases taking every extra penny of subventions and discounts.
I’m in a high income demographic and I’m the cheapest SOB you’ve ever met.
But you’d be surprised at who drives a Por-shaaa. I’m talking the base Macans and Cayennes, not the GT3s. It people who can barely swing a payment but need to drive the badge. See also 3-series BMWs and C-class Mercedes drivers.
Yep. Great example is a couple I know. They’re both specialist physicians. Easily $700k income maybe more? He drives a Subaru Outback. She drives a Highlander.
However for them and others like them it’s always the highest trim level available for the plebeian cars. So they’re not necessarily cheap. A fully loaded Highlander can be $60k. They just don’t scream look at me.
The ironic thing is, the entry level 3-series of prior models (E46 325i, E90 328i, etc) was an RWD platform with a longitudinal six upfront. That was way more of a drivers car than the FWD platform, transverse four X1.
Maybe it’s the result of OEMs listening to the badge chasers who complained their cars didn’t handle well in the snow on stock tires.
Well, for me, I drive a 3-series BMW because of my preference. I prefer small sedan, coupe or hatchback. 3 series BMW & C-series is the largest I want for my dd. My dream dd will be ev Benz GT in hard top convertible.
