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How does leasing an electric car work?

Drive Electric

When you lease a car, a finance company effectively buys it from the manufacturer and leases it to you for the duration of your contract. It’s a great way to drive a brand new car without having to finance the entire cost. It was only around 15 years ago that EVs could barely travel 50 miles before running out of juice.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

They leased a few (at a loss) to those that could afford it. Posted by: Green Chambers | Apr 14, 2009 12:25:03 AM Battery tech is still not advanced or reliable enough for an affordable pure EV, hydrogen fuel cells like in the FCX Clarity may be the clean future, but there are too many technical and infrastructure hurdles to overcome.

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