Lease affordability has surpassed purchase affordability” in a J.D. Power index that includes total cost of ownership, said Elizabeth Krear, vice president of the EV practice at J.D. Power.
Many consumers have become aware of the difference and are capitalizing on it, according to an Associated Press story.
In April, Krear said, leases accounted for 41% of all U.S. EV deliveries — four times the percentage in December, before the new federal tax credit rules took effect.