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77% Informative
Nearly 280,000 EV leases will end in the U.S. in the next two years , according to J.D Power .
For many, it will make more financial sense to lease a new car rather than buy out their current lease vehicle.
This is based on the fact that the average buyout price for most electric compact SUVs is higher than the $ 25,000 threshold that would qualify for the used EV tax credit.
The world of used EVs is going to create a buyer’s market in the coming years , but not particularly positive for struggling automakers.
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