Why You Should Buy – Not Lease – Your Next Electric Car

From Transport Evolved.

Buying any car these days is pretty stressful, but if you’ve been eagerly waiting a new electric car to arrive (and you really don’t want to go back to the back of the queue) do you buy or lease in today’s turbulent market?

We think the answer is pretty simple – and here’s why.

00:00 Disclaimer
00:13 Introduction
01:28 Not a song
02:03 Lease or Buy?
03:14 Tesla Model 3 Rear Wheel Drive Lease Vs Buy
04:35 Leases used to make more sense…
05:05 But Automakers are killing buyout options
06:31 The future (with second-hand leases)
07:50 Good for automakers, bad for customers
08:22 The dangers of at-end-of-lease charges
09:32 Leasing EVs once made sense, but now Buying is more prudent
09:51 Interest rates now favor buyers not leasees
10:21 Buying is an investment, leasing is not.
11:13 Traditional automotive depreciation isn’t happening at the moment
12:13 Final Buying Tips

Presenter: Nikki Gordon-Bloomfield
Camera, Coloring: Michael Horton
Art and Animation: Erin Carlie
Editor, Audio and Producer: Nikki Gordon-Bloomfield
© Transport Evolved LLC, 2022
Join this channel to get access to perks:

This video was made possible thanks to the kind donations of our supporters on Patreon and Ko-fi. Join them in supporting us.
Support us on Patreon: https://www.patreon.com/transportevolved

Buy the team a coffee — or a meal!

Support us by buying some merch at https://www.redbubble.com/people/TransportEVd/shop
Follow our ‘second’ channel – Transport Evolved Take Two, at https://www.youtube.com/transportevolvedtake2
Join our Discord server at https://discord.gg/U3tnkGNfCA
Follow the show on Twitter https://www.twitter.com/TransportEvolve
Use the TE Aptera referral code – i.refs.cc/zz56EbIi – but watch our explainer video FIRST: https://youtu.be/mwzwEssgqNI
Sign up for EnergySage at https://www.energysage.com/p/transportevolved

— SUPER SECRET BONUS – But only if you like the singing: https://youtu.be/yv1llAA0ZGw