OooOooTheMonkey
Lifetime VIP Member
Sort of. It’s priced on a best guess at what depreciation will be when the contract is taken out. After taking the contract out the price is locked in. When you take it out you have the opportunity to consider the cost and decide if it’s worth it or not compared to the alternatives, so the depreciation being factored into the price is hardly an issue.Depreciation is ultimately the problem of the owner/leaser as with increased interest rates and uncertain residuals, this will all be factored into the monthly lease costs and make them significantly more costly. The only thing which slight edges leases for EV's is contract hire includes the cost of road tax which is much lower on EV's......for now.