Hi all – I need an advice! My EV lease ends in about two months, and I expect the residual to be roughly $2k above market value. I plan to keep driving the car for no more than six months after lease end, and I’m considering a buyout. My reasoning: **•** This model depreciates heavily in the first two years (about $20k) and was eligible for the EV credit; year three depreciation was about $3k. **•** I’ve already paid sales tax through the lease, and my state doesn’t double-tax lease buyouts. **•** I’m slightly underwater, but any new purchase or lease would add fees and taxes that would easily cover…
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