idk, they attempted to degrade some features
newer ioniqs have more hard plastic for example
Tesla also went with “cheap” model idiotic downgrades
I don’t see any features get on a whole new level next 2-4 years, that would make us consider upgrading car
What are you talking about?
Link, Info, explanation?
Buying 20-25K ev is financially smarter than continuos cycle of leasing . My recent Uber was a 2022 Ev6 with 175k miles on the clock . Driver said he has never had any issues plus the car looked brand new.
Not a great strategy if the past is any guide.
No no, don’t do that. December is when you want to pounce.
They’re called Balloon Loans, Some Credit Unions offer them:
https://secure.autofinancialgroup.com/AFG/index.jsp?CUID=221375802&m
I do think for manufacturers whose fiscal yr ends in March, you can sometimes get good deals in Jan and Feb, but, yes, I think purposely waiting until the new year is a bad idea.
Like many mentioned OP, if you plan on keeping the EV for a longer time then buy it, otherwise lease… I was one of “them” that bought a 2022 Tesla Y at the peak $76K OTD in 2022, Sold it this year for a whopping $28,500 I thought to keep it for a long time and I used about $22K from my Model 3 that sold for way over MSRP as a down payment, but then a brand new 2025 Performance Y came screaming and for cheaper monthly $$$ so I went for it, used $4K in Tesla credits from referrals and the $7500 tax credit plus another $8K discount from Tesla $39K OTD with a $640/mo payment
I have no regrets though, I knew what I was getting into and enjoyed every mile driven. Calculate every step and make sure it works for your situation , otherwise just BUY A LEXUS or TOYOTA 
There was a big thread about it a few years back when PenFed stopped offering it:
I’ve build a script to check used and new inventory locally
There is 5-7k price difference on used between official dealers and used car shops
2022 │ ‘Hyundai’ │ ‘Ioniq 5’ │ ‘SEL’ │ ‘Gray’ │ ‘Green’ │ price 23k │ 24k miles | a dealer
2024 │ ‘Hyundai’ │ ‘Ioniq 5’ │ ‘SEL’ │ ‘Turquoise’ │ ‘Black’ │ 21k │ 14k miles | third party
Would you deal with used car shops, or it’s not worth it?
So far the math favors cash buy of 1-2 years used
I got an offer for new SEL 18k for three years lease
Compared with 20-25k for 2 years old
The 2022 retains Hyundai 10yr/10 warranty if CPO. The PP only has a 3 year/60
As someone who was driving over 48,000 miles per year, a preowned ev is a great idea. I cant imagine anyone else wanting one though
if those two cars have similar conditions from publicly available data e.g. no accidents, then what’s the difference? I’m paying for extra coverage I guess
what you mean “can’t image anyone else wanting one”?
Do you think that is still the case without the 7.5K EV Tax credit? I came to argue and then did the math and realized you are right.
My 72K Mach E GT has a 3 year buyout price of 33K but similar ones are selling used for 25-28K.
Checked lease deals , and even with the credit gone I can lease one for $0 down / $500 / month. Total payments on 3 year lease of 18,500.
Its not the worst deal but buying the 3 year old off lease for 25K and guessing its value will be around 10K in 3 more years means the lease isn’t significantly more and you aren’t driving a 6 year old EV.
If you are looking for ultimate lowest cost, I still think buying a used EV is it. But If you are willing to pay just slightly more with a lease you will be a lot better off.
