[Lio]

The problem as I see it is that for EVs more of the total cost of ownership is in the inital purchase price so they are very expensive to buy new.

That means that the used price can also quite high because of that initial purchase price. For a lot of people it's still a bit of a reach without some kind of finance.

However, with new cars there are all sorts of discounts, grants and 0% interest purchase deals depending on where you live.

With used EVs all the loans I've seen have much higher interest rates and so don't end up costing much less than buying new with a 0% deal.

Why pay a bank for used when you pay the same to the manufacturer's finance company for new?

With the current rate of improvement of EVs I wonder if leasing isn't the best deal currently.