LEASING VS BUYING YOUR NEXT ELECTRIC CAR IN 2025

EV Channels Review

In this insightful video, Kyle Conner strongly advocates for leasing electric vehicles in 2025, citing significant depreciation as the primary driver for this recommendation. He highlights personal experience with a Tesla Model S Plaid losing $100,000 in value within three years, attributing this to manufacturer price cuts and market oversupply. Conner explains that leasing protects consumers from this steep depreciation by fixing the residual value, regardless of the car's actual market worth at lease end. Additional benefits discussed include the "leasing loophole" for the $7,500 federal tax credit, which can be baked into monthly payments, and the advantage of always having the latest hardware and software advancements in rapidly evolving EV technology. While acknowledging potential downsides like mileage caps and the importance of low down payments, Conner concludes that leasing offers a financially sound and technologically advantageous path for most consumers navigating the current EV market.