SCHAUMBURG, Ill.--(BUSINESS WIRE)--With electric vehicles (EVs) continuing to become a viable option for prospective vehicle shoppers, one trend stands out: EV buyers opting to lease. According to Experian’s (LSE: EXPN) State of the Automotive Finance Market Report: Q4 2024, more than 50% of new EV purchases were leases, and EVs accounted for nearly 20% of all new vehicle leases during the quarter. By comparison, EVs only made up 2.11% of new vehicle leases in Q4 2020. “Leasing has always been...
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