My thoughts on leasing an EV
I won't get into all the details, but I looked into several EV's, including Tesla, Nissan Leaf, Chevy Bolt etc. did a bunch of test drives, put numbers down to paper, and in the end, I ended up leasing a 2020 Hyundai Ioniq EV in November. And it was the best decision I made all year! It wasn't the most powerful, nor did it have the longer ranges of some of its competitors, but what it did offer was the best value. 178 miles on a full charge, 10 year powertrain warranty, and $190 a month for a 36 month lease ($3500 down, I got back $2000 from the State of California and $800 back from PG&E, our local utility company). It's not only a very nice looking car, but well built with leather seats, fully loaded and very easy to use infotainment system. It only has 138 hp, but EV motors don't need a lot of power because of the amount of torque they produce. In a gasoline engine, 138 hp is a no go, but with an electric motor it's like driving a 180 hp 4 cylinder. It's extremely smooth at 80 mph on the highway, and has a pretty awesome self driving mode when using the adaptive cruise control.
But the best part is what it costs us to drive...between my solar and the EV plan I am on, about $55 a month in electricity costs. And the best part...My wife or I just plug it in at night before we go to bed and it's fully charged and ready to go in the morning. No gas stations to visit. And if ever in a pinch there are more than 30,000 charging stations in our area that are no more than 5 minutes away.
My plan over the next 3 years is to wean my wife off of her van, and when our lease is up to sell the van and replace it with a Ford Mustang Mach E. Right now the Mach E gets about 300 miles on a charge, but in the next 3 years they will probably have a 400 mile fast charge battery. Also with the current administration favoring EV's, I anticipate tax credits going up and prices of EV's going down

I won't get into all the details, but I looked into several EV's, including Tesla, Nissan Leaf, Chevy Bolt etc. did a bunch of test drives, put numbers down to paper, and in the end, I ended up leasing a 2020 Hyundai Ioniq EV in November. And it was the best decision I made all year! It wasn't the most powerful, nor did it have the longer ranges of some of its competitors, but what it did offer was the best value. 178 miles on a full charge, 10 year powertrain warranty, and $190 a month for a 36 month lease ($3500 down, I got back $2000 from the State of California and $800 back from PG&E, our local utility company). It's not only a very nice looking car, but well built with leather seats, fully loaded and very easy to use infotainment system. It only has 138 hp, but EV motors don't need a lot of power because of the amount of torque they produce. In a gasoline engine, 138 hp is a no go, but with an electric motor it's like driving a 180 hp 4 cylinder. It's extremely smooth at 80 mph on the highway, and has a pretty awesome self driving mode when using the adaptive cruise control.
But the best part is what it costs us to drive...between my solar and the EV plan I am on, about $55 a month in electricity costs. And the best part...My wife or I just plug it in at night before we go to bed and it's fully charged and ready to go in the morning. No gas stations to visit. And if ever in a pinch there are more than 30,000 charging stations in our area that are no more than 5 minutes away.
My plan over the next 3 years is to wean my wife off of her van, and when our lease is up to sell the van and replace it with a Ford Mustang Mach E. Right now the Mach E gets about 300 miles on a charge, but in the next 3 years they will probably have a 400 mile fast charge battery. Also with the current administration favoring EV's, I anticipate tax credits going up and prices of EV's going do
There are quite a few threads on here and you will get both viewpoints (for and against) EV's. They can get quite "interesting" some times.

Interesting statistic you mentioned is that there are 30K charging stations in your area - California - the EV capital of the US! Which apps do you use when you want to charge outside your home? ChargePoint / ChargeHub / PlugShare / EVgo ?
Last edited by Hameed; Mar 10, 2021 at 06:08 AM.
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There are quite a few threads on here and you will get both viewpoints (for and against) EV's. They can get quite "interesting" some times.

Interesting statistic you mentioned is that there are 30K charging stations in your area - California - the EV capital of the US! Which apps do you use when you want to charge outside your home? ChargePoint / ChargeHub / PlugShare / EVgo ?
There are fast chargers everywhere here, over 30K of them. They are at shopping centers, hotels, places of work, but we have never had to use one. We plug the car in at home after 9PM, and it's fully charged by the morning. The lowest the charge has ever gotten with driving all day all day, with a couple of trips to the East Bay is 50 percent. We do have I beleive have ChargePoint in case we need to hit a charger
There are fast chargers everywhere here, over 30K of them. They are at shopping centers, hotels, places of work, but we have never had to use one. We plug the car in at home after 9PM, and it's fully charged by the morning. The lowest the charge has ever gotten with driving all day all day, with a couple of trips to the East Bay is 50 percent. We do have I beleive have ChargePoint in case we need to hit a charger
When I drove a Model S back in 2016, I was smitten, but couldn't afford one at the time. I knew right after that very short 15 min drive I had to get one, it was a complete no brainer.
Fast forward to 2019, I was finally able to get a used 2016 one and I made it work financially. I now have a permanent "Tesla grin".
Last edited by AMIRZA786; Mar 10, 2021 at 11:58 AM.












