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Does EV Life offer leasing?
Does EV Life offer leasing?
Peter Glenn avatar
Written by Peter Glenn
Updated over a year ago

We do not currently offer leasing, in part, because our EV Climate Loans offer similarly low monthly payments while giving you the ability to keep your equity invested in your EV.

If you lease a car over and over, your monthly payments go on indefinitely. In contrast, the longer you keep your electric vehicle after your loan is paid off, the more value you get out of it.

In 2017, nearly 80% of EVs were leased because the technology seemed risky. Today, 72% of EVs are financed (not leased) because the technology has matured.

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