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electric car lease or buy?
user
i might be missing something, but i always understood that leasing is about managing cash-flow in a business. you have a fixed monthly out-going as opposed to an up-front payment. my accountant (here in germany) recommended: pay cash, take a loan (often the manufactures offer good rates) or lease - in that order. the leasing company has to raise the cash from somewhere and they don't want to make a loss on the deal. they will probably know better than i how to manage that and will therefore be calculating in the projected resale value at the end of the leasing period. i can't see how an electric car would make any difference here. these people are probably better informed about the resale value of any type of car than i am. my feeling is to buy using a loan from the manufacturer. the rates are often good and i have also got good deals on insurance as a part of that package. here in germany the sales tax (vat) can be immediately claimed back in full when the loan deal is signed.
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