
Ch1pbutty
Super Poster
VIP Member
Might be better off leasing, then any drop in value is not so much of an issue. Lower monthly payment than purchasing outright. If battery technology improves then you are not left with a short range lemon (versus outright purchase) , just hand it back at the end of the lease.I do want an EV but the above makes me less confident on buying now. I do think further reductions are needed in the second hand market and wonder if others feel the same.
I wonder if this is partly driven by volume of EVs bought new for company car tax benefit. A steady (and increasing) volume of these will be coming to the second hand market (but obviously without the taxi savings) and so further pushing down prices.
(+ You normally get the option to buy the car at the end of the lease, offer is usually comparable to auction price...so if prices do come off further you could benefit)
If you not able to fit a charger at home, then a Tesla is worth considering as then you get access to the dedicated charging network at a reasonable rate.