Returning Lessees Should Be Prepared for a Price Shock

While U.S. new vehicle sales are expected to drop in 2019, average transaction prices and interest rates are climbing fast. That spells a potential bad day ahead for drivers reaching the end of their lease, Edmunds warns.

Those looking to get behind the wheel of a new sedan in the coming year might have to spend some quality time with a calculator.

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  • Zerofoo No.My wife has worked from home for a decade and I have worked from home post-covid. My commute is a drive back and forth to the airport a few times a year. My every-day predictable commute has gone away and so has my need for a charge at home commuter car.During my most recent trip I rented a PHEV. Avis didn't bother to charge it, and my newly renovated hotel does not have chargers on the property. I'm not sure why rental fleet buyers buy plug-in vehicles.Charging infrastructure is a chicken and egg problem that will not be solved any time soon.
  • Analoggrotto Yeah black eyeliner was cool, when Davey Havok was still wearing it.
  • Dave M. My sweet spot is $40k (loaded) with 450 mile range.
  • Master Baiter Mass adoption of EVs will require:[list=1][*]400 miles of legitimate range at 80 MPH at 100°F with the AC on, or at -10°F with the cabin heated to 72°F. [/*][*]Wide availability of 500+ kW fast chargers that are working and available even on busy holidays, along interstates where people drive on road trips. [/*][*]Wide availability of level 2 chargers at apartments and on-street in urban settings where people park on the street. [/*][*]Comparable purchase price to ICE vehicle. [/*][/list=1]
  • Master Baiter Another bro-dozer soon to be terrorizing suburban streets near you...