Is it just me or I’m seeing a ton of people transfering out of EV’s? BMW iX, i4 and i7, Mach E’s ID4’s HUMMER EVs and Lightnings as well as all the GM EV’s seem to the the majority of the cars in the Private Transfer sub. I’ve been seeing trend this for several years now. Are people that unhappy with them? I have both an ICE and an EV at home and am curious if anyone else notices this or can explain it. Generally speaking in the post Post COVID leasing landscape it seems like EV’s are the only cars out there that are/were heavily subsidized and if people are getting into an ICE equivolent it’s likely at higher payments. Curious what everyone thinks.
People don’t seem to be unhappy with them, but many people are broke or need to downsize.
This does not generally apply to the serial flippers.
2 Likes
I think you’re just seeing the byproduct of how EVs were the primary incentivized products being sold over the last 3 years, and those vehicles have to go somewhere as people age out of them.
We’ll see if the used market has any appetite for these to keep the secondary market volume healthy. A LH lease transfer is just a used car sale or CPO lease but with a funny name (Swapalease SAL).
My feeling is the allure for these as new is high (shiny new car with cool tech). But these rickety and unreliable appliances quickly become junk that few want in the long term. So they try to dump the lease at the first opportunity or return the vehicle at maturity without a second thought.
https://www.axios.com/2025/07/02/electric-vehicles-leases-tesla-ira
1 Like
Cost effective decisions made by those who may have held their noses and reluctantly swallowed the EV pill. Now that there are ICE deals to be had, maybe some of those same buyers are jumping ship to get back into what they wanted all along but couldn’t justify the price at the time. Just a theory.
5 Likes
EV or a CPO 911. Tough choice.
I think @li8625 is going back to MLites.
I’m done with cars until 2026.*
*unless someone decides to spoonfeed me a flip/exotic for 600 a month
4 Likes
Damn, this economy is that rough?
I don’t see how you’re going to go from a 911 and drive a X3.
I need to put miles on my x7
1 Like
I’m not sure this logic makes sense as EV’s were generally the best deals out there at the time. It’s likely these people arent getting rid of them for cheaper payments.
3 Likes
Depends on your situation, in Colorado you’re stupid not to have one. Free charging at work, I basically pay nothing to charge. Gotta grab another one before the party is over in September. In a couple more years, who knows what the leasing climate will look like. EV’s are great, are they as capable, no, but they are a blast to drive vs an ICE
10 Likes
In the Private Transfers on here I’d argue it’s someone who received a good deal and instead of waiting 24 or 36 months for their next new shiny vehicle, just want to get out early and go get another shiny new vehicle after 12 months. With the Big Bill I’d imagine you’ll see people try and squeeze one more turn in if possible.
I think most with an EV are pretty happy with their decision. Admittedly that’s only based on my conversations with the people I know who have one.
7 Likes
At that monthly, you maybe done with cars till 2029 
3 Likes
I have a $45k buyout option on my Lariat ER at end of lease in August 2027. That seemed insane a few weeks ago and I was certain I’d be dumping it. But with all these changes, who knows. The $1150/yr registration (plus the potential $250 EV charge that may come) is probably the only thing giving me pause.
I can certainly see why many are getting rid of their EVs though. High interest rates and even higher payments are tough to swallow right now.
I don’t need another car lol. So I’ll wait..
1 Like
You’re Probably right. I’m basing on all these IX50s listed yet consesus seems to be how great of a ride it is, so it is perplexing especially since I’m looking at finding am ixm60 in case these deals dry up.
1 Like
Lol that would be a rough transition for most.
I’m 6 months into a q8 etron from an rs etron and I can’t stand how much the q8 sucks even though it’s similar platform
If you think the economy isn’t getting worse then think again. Tariffs, slow growth, mass layoffs, wage stagnation, AI and everything else is rolling in hard.
Look at many of the transfers, at least for those that care to say why (which is admirable):
“Lost my job, switching jobs, wife/husband lost their job, longer/shorter commute but need crappier car…”
It is self-explanatory, but believe what you wish.
Correct, many are are getting rid of them for zero payment.
6 Likes
if you transfer and provide 5k of incentive, you can continue the hacking journey!
1 Like
Interesting take, considering the majority of lease teansfers DO NOT divulge such personal financial info.
Not a “take” at all. There are plenty of self-disclosures, just read them. Moreover, many also disclose what is going on when posters ask “why are you selling?” time and time again.
Right or wrong the info is there.