Have you considered at a CPO lease? Or are the terms as unattractive as the new vehicle leases?I am in this position as well, and it's very disappointing. We installed an EV charger in our new house with the intention of getting an EV. Unfortunately, we waited too long, and now it looks like it's too late.
I would prefer to lease, but there are no lease deals to be had on what little EV inventory there is. Paying cash or financing is a non-starter for me because the prices of the EVs are so high, and the depreciation is so significant that you'd be underwater the second you sign the papers. It's just not a smart financial decision.
I also looked at CPO inventory, and while there are deals to be had, especially with Audi (I've been looking at the Q8 e-Tron), I would much rather lease in case the technology gets better over the next few years.
It is unfortunate, but the US is clearly shifting back to ICE vehicles. Outside of niche brands like Rivian, or economy EVs, dealers can't sell them without incentives, so they are filling their lots with ICE vehicles again.
If you find a vehicle that has the features/capabilities that you want, does it really matter if there is a new and improved version in a couple years? Assuming that there is a good battery warranty and you otherwise would plan to keep the vehicle for several years.
We have a 3-year old Volvo EV that is worth about half what we paid for it. Now thrilled about that, but not planning on selling either. So it’s sort of a non-issue.
Good luck.
Statistics: Posted by delamer — Sat Jan 10, 2026 9:20 am — Replies 28 — Views 2288