Experian Report: Consumers Leasing EVs at a High Rate
AutoSuccess
MARCH 19, 2025
With electric vehicles (EVs) continuing to become a viable option for prospective vehicle shoppers, one trend stands out: EV buyers opting to lease. By comparison, EVs only made up 2.11% of new vehicle leases in Q4 2020. In Q4 2024, the average interest rate for a new vehicle was 6.35%, down from 7.16% a year ago.
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