[sandworm101]

There is/was an idea that lenders would be open to larger loans for EV cars as buyers would face reduced running costs, as opposed to a IC car. That largely hasn't materialized. Lifetime running costs of EVs just aren't as low as expected, particularly in the used car market. Getting anything fixed on a 10+yo EV is hit-or-miss in terms of cost.

[natch]

My running costs have been very low. 100,000 miles and the only service visit has been a low-voltage (the small 12 volt, cheap) battery replacement. And, third party, getting new tires. Added my own wiper fluid. That's it. And power is very cheap compared to gas.

When you factor in the cost of incurring the loss of value as the resale price comes down, now you're talking about a real issue. Overall while I've saved on maintenance, it hasn't held value. So maybe it's a wash in that respect. But it's a fun car so I'm happy with it.

[natch]

I think 0.99% fixed over 72 months is pretty darn good.

[sandworm101]

1% is nice, but I think a 72-month loan on a new car is a recipe for disaster. For almost all of that time period you will be "under water" on the loan, owing more than the car is currently worth.

[natch]

True, I avoid such long loans. The rate also works for shorter terms.