The current story on leasing
- Where will we get the materials for batteries?
- Many industries will be competing for those materials
- EV sales are on a downhill slide
- Leasing advantages list
- Different terminology
- To shop lease you must know the terminology
- Research is still key
- Closed end
- Open end
- No maintenance
- Divide or multiply by 2400 for the interest rate or the lease factor
- Acquisition, inception, termination
- Guaranteed resale value is wonderful
- residual
- sign and drive
- Wear and tear
- Annual mileage allowance
- Term is best 36 months or less
- Trading elsewhere is still a question