"Their rates reflect the state of play from five years ago."With this pricing strategy, their profits are obviously high and consumers are overpaying to go electric.
"If leasing companies' prices reflected the realities of the market, more consumers would have access to affordable new EVs ."Is the cost of electric cars 'coming down'?Sales of new petrol and diesel cars will be banned in the UK from 2030, meaning more consumers are looking to make that first purchase of an EV car in the coming years.
Leasing businesses - such as Lex Autolease, Arval, ALD and Leaseplan - account for a fifth of new car purchases. A report by the Energy and Climate Intelligence Unit published on Monday said the government's approach to electric cars means motorists risk missing out on a total of £9bn of savings by 2043 by continuing to run petrol cars.
Last year, it was reported the cost of charging an EV using public charge points on a pay-as-you-go basis has
Utter nonsense. Used EV prices are dropping considerably whilst Petrol/diesel used vehicle prices are still fairly flat currently. EV were always going to depreciate faster due to shorter lifespan of the batteries which likely cost more to replace than value of the car.
Never saw that coming!