If you’re thinking about purchasing a new EV this year, leasing has recently become more attractive because of recent changes to federal EV tax credits. This tax credit “work around”, as it’s called in a recent article by Axios, coupled with higher interest rates, could be enough to make leasing an attractive option. Still, if you plan on keeping your new EV greater than 5 years, buying probably makes more sense.
Click link here to read more about the new EV tax credits.