Until recently, it made pretty good sense to lease, rather than purchase, a new EV. Compelling incentives made a three-year contract a lot more appealing to electric car shoppers, allowing them to keep up with technology advances and avoid the steep depreciation that EVs typically face. Today, however, people shopping for a Volkswagen ID.4 crossover or ID. Buzz retro van may be in for an unfortunate awakening, as those vehicles’ lease rates have gone through the roof.
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