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Reply to "Lease vs. Buy for an EV "
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[quote=Anonymous]DH and I are looking at getting a Polestar. I am going back and forth between buying and leasing. We have never leased before and the car we are replacing is a 98 corolla so it has been a LONG TIME. I would not normally ever think to lease, but DH really wants an small EV truck. There is nothing on the market right now that fits that description, but there could be in a few years. So just unsure if it makes sense to buy when we could be getting a new car in 5 years. I am so used to keeping cars forever. Obviously, I know that we could sell the polestar in 5 years if we find a small truck DH likes. But also know that theoretically tech could change and batteries could be a lot better in 5 years, so not sure if it would be worth much if the tech really takes off. We would have to finance the polestar, but would can put a decent amount down do I think the monthly payment would be the same if we lease or finance, we just obviously would have to put less down. 5K vs. 20K. I know if we purchase I will be getting 7500 back, so I guess it is really 5K vs 12500. Anyway, any thoughts? [/quote]
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