Depends. Buying an EV rather than leasing it the dumbest fucking thing ever. Same rule applies in the case of ultra luxury or exotic cars — leasing is how you managed to depreciation rather than take it in the shorts on those

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Like number 1 stated it’s only lucrative to lease vehicles that have a steeper depreciation curve than their retaining value after the lease’s term. Otherwise it’s basically a rental expense on top of the depreciation that you pay and it’s usually a 3.9% rate. It’s not disclosed upfront however they tie it in as something called money market etc

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