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What percent of electric cars are leased?

I'm not ready to commit to an electric vehicle, but I'd like to try it for a year or two. What percentage of electric cars are leased?

Chanice Boyd · Updated on Sep 20, 2022

Reviewed by Shannon Martin, Licensed Insurance Agent.

Leasing is a great choice, but you’ll probably fall in love. According to Bloomberg New Energy Finance, 80% of the electric cars in America are leased.

isn’t for everyone. But it’s wise for those wanting to transition to all-electric transportation.

Benefits of leasing electric cars:

Faster technology upgrades.

Avoids the threat of fast depreciation.

Avoids the worry of battery degradation.

Federal incentives.

You’ll be in good company when if you decide to lease an electric vehicle.

Here are your next steps:

Download the

and find out how much it costs to insure an electric car. In less than 45 seconds, Jerry collects all of your information from your existing insurer.

Choose from competitive quotes sourced from 55+ top insurance companies, and Jerry takes care of the rest—securing your new policy and helping you cancel your old one.

No long forms. No calling around. No hard work. Just savings. The average Jerry user saves over $800 a year on car insurance.

MORE:

Is it better to buy or lease

View full answer

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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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