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Still think that buying a new car is always much cheaper than leasing if you’re playing for keeps? Not true, particularly when it comes to electric vehicles. We found that current factory lease offers on 22 different EV models dispel that myth with terms that pass the entire commercial clean vehicle Federal tax credit to the lessee, enabling the lessee to eventually own the vehicle for thousands of dollars less than paying cash upfront or taking out a loan.

1. 2024 VinFast VF8 Eco

Cash: $51,448; Lease-to-own: $34,063. Lease-to-own savings: $17,385

With an average monthly cost of just $218/month, the 36-month, zero-down, $199/month lease deal on the Vinfast VF8 Eco tops our list of factory lease offers for September and is currently by far the cheapest EV lease in the nation, made possible by a total of $18,500 in lease incentives. According to the Vinfast website, the lease comes with an option to purchase the vehicle at $21,712 after its three-year term is up. Adding 36 payments of $199 to the $21,712 residual, plus the $695 acquisition fee due at signing and $350 fee to exercise the purchase option (which is unusual – Vinfast and Nissan are the only ones I’ve seen that charge for this) adds up to $29,921. Assuming a 9% state tax rate on all payments as well as on the $18,500 lease incentive results in a total after-tax lease-to-own cost of $34,063. That’s over $17K less than the after-tax cost of buying the $47,200 SUV outright.

VinFast-EV-deliveries-Q4
VinFast VF 8 (Source: VinFast)

Capable of sprinting from zero to 60mph in five seconds, the VF8 can carry five passengers along with a conservatively measured 13.2 cubic feet of cargo behind the rear seats for up to 264 miles on a full charge. Find a Vinfast VF8 in your area.

2. 2024 Subaru Solterra Limited

Cash: $54,195; Lease-to-own: $37,801. Lease-to-own savings: $16,394

Subaru is now advertising a three-year, zero-down, $379/month lease on the 2024 Solterra in very-well-equipped Limited trim, which is $50/month more than the basic (albeit well-appointed) Premium trim that Subaru has been offering at $329/month since early spring. That extra fifty bucks a month buys additional safety features and amenities such as a 360-degree camera system, parking assistance, 20-inch rims and tires, LED fog lights, power folding mirrors, power front seats, a heated steering wheel, heated rear seats, digital key, power tailgate, wireless phone charger, Harmon Kardon audio, and a huge 12.3-inch center display that replaces the Premium’s 7-inch display along with its annoyingly thick bezel.   

According to Subaru’s website, the Solterra Limited lease comes with an option to buy for $20,385 (a 42% residual value) after making 36 monthly payments of $379, resulting in an after-tax lease-to-own cost of just $38,342, assuming a 9% state tax rate. That’s over sixteen grand six grand less than either paying cash up front or taking advantage of Subaru’s 72-month 0% financing offer, both costing $54,195 after adding a 9% tax on its $49,720 MSRP.

Subaru-three-row-electric-SUV
Subaru Solterra (Source: Subaru)

Visually, the Solterra bears an uncanny resemblance to the Toyota bZ4X, as the two are built on the same dedicated modular EV platform and share quite a bit of sheet metal. Currently available only in all-wheel-drive, the Subaru carries 29 cubic feet of cargo behind its rear seats, accelerates from standstill to 60mph in 6.5 seconds, and travels up to 222 miles on a full charge in Limited trim. 

Folks that can live without the bells and whistles of the Limited trim might opt for the $46,340 Solterra Premium, which ekes out another 6 miles from a full charge for a total of 228 miles, thanks to rolling on a lighter 18-inch wheel and tire setup. The end-of-term buyout on its 3-year, $329/month lease is $20,390, yielding a tax-included lease-to-own cost of $35,840, which is $14,671 less than a cash-up-front after-tax cost of $50,511.  

Despite offering enticing factory lease terms on the 2024 Solterra for most of the year, Subaru dealers in some areas are advertising deep discounts on the 2024 Solterra, many of them at $7K or more, to attract customers. Any discount from MSRP will drive a vehicle’s lease-to-own cost even lower, perhaps in this case to an after-tax outlay that may approach $30K. Check for Subaru Solterra deals near you.

3. 2024 Toyota bZ4X XLE AWD (NY/NJ/CT)

Cash: $49,067; Lease-to-own: $33,701. Lease-to-own savings: $15,366.

In New York, New Jersey, and Connecticut, an all-wheel-drive 2024 Toyota bZ4X XLE (MSRP $47,309) can be leased at $219/month for 36 months, $3999 due at signing, with the option to buy for $17,977 at the end of the lease. These attractive terms are due in large part to a $16,250 lease incentive that significantly reduces the capitalized cost of this five-seat SUV with a 228-mile range, zero to sixty time of 6.5 seconds, and 29 cubic feet of cargo space behind the rear seats.

During the three-year lease term, tallying up the $3999 plus 35 payments of $219 (the first month is paid for at signing) adds up to $23,464. After an assumed 9% tax rate on the up-front capitalized cost reduction, down, and first payment ($1732) as well as on each subsequent payment ($20/month), the total cost to lease the bZ4X is $14,106.

At the end of the lease term, buying the three-year-old bZ4X at its incredibly low 38% residual value will cost $17,977 plus $1618 tax for a total of $19,595. All-in, the lease-to-own cost adds up to just $33,701.

In comparison, paying cash up front at delivery or opting for Toyota Financials’ 0% APR loan instead of the lease will cost a whole lot more, even with a current $2500 purchase incentive: $47,309 MSRP plus $4,258 tax minus the $2500 incentive equals $49,067. That’s a whopping $15,366 more than taking the lease-to-own route!

Toyota-EV-production-suppliers
2024 Toyota bZ4X (Source: Toyota)

In California, Toyota is featuring a cheaper bZ4X XLE lease, but the terms apply to a $45,699 front-drive model in XLE trim that can travel up to 252 miles on a full charge. At $219/month for 36 months, $2999 due at signing, and an option to buy for $17,823 after three years, the tax-included lease-to-own cost is $33,149, which is $14,671 cheaper than a $47,312 tax-included cash purchase at MSRP.

The bZ4x has been selling quite well this year, thanks to Toyota clearing out dealer lots last April in a matter of weeks by dropping the average monthly lease costs of 2023 and 2024 bZ4X XLE models down to bottom-testing $191/month and $227/month respectively. By May, dealers were taking reservations for allocated and in-transit vehicles, some of them charging a premium over MSRP. Toyota has been gradually ratcheting up lease prices in the months that followed, and at a current effective lease cost of $323/month, supply and demand seems to be balancing out as the number of bZ4X sitting on dealer lots slowly increases. Although most dealers are still asking for MSRP or more, we did find a handful of dealers offering bZ4X discounts between $1000 and $2000.  Let us help you find a good deal on a Toyota bZ4X in your area.  

4. 2024 Lexus RZ450e Premium

Cash: $53,731; Lease-to-own: $42,370. Lease-to-own savings: $11,361

Lexus currently has a lease offer on its $56,175 RZ450e Premium that includes an $18,500 incentive, resulting in an incredible $429/month for 27 months, $1999 due at signing. The option to buy at lease end with a residual value of 43% (per data from the Leasehackr.com “Rate Findr” tool) is $24,155. Summing the $1999 with 26 subsequent payments of $429 plus the $24,155 buyout, then applying an assumed 9% tax rate calculates to a tax-included lease-to-own cost of $42,370. Built on the same EV platform as the aforementioned Subaru Solterra and Toyota bZ4X, the RZ distinguishes itself from its two siblings with a more upscale look and feel inside and out. The five-seat all-wheel-drive luxury SUV capable of 220 miles on a full charge is slightly longer and wider, which accommodates a more spacious passenger volume and larger 34.9 cubic foot cargo hold behind the rear seats. It’s also much faster than the bZ4X and Solterra, blasting from zero to 60mph in 4.6 seconds.

Lexus-Toyota's-EV-plans
2024 Lexus RZ 450e Premium in Iridium (Source: Lexus)

Need to spend less as well as go further between charging sessions? The front-wheel-drive RZ300e (MSRP $51,475) has a lease offer of $399/month with $1999 at signing and a lease-end buyout of $22,134, which works out to an after-tax lease-to-own cost of $39,134, over $3K less than the RZ450e and just $1333 more than the Solterra Limited. Capable of 0-60mph runs of about seven seconds and going 266 miles on a full charge, the RZ300e sacrifices the RZ450e’s muscle car straight-line performance in favor of 46 more miles of range.

The RZ seems to be selling briskly, thanks to huge lease incentives and a bit of dealer participation, with dealer discounts from MSRP ranging from $500 to $3,326. Look for a great deal on a new Lexus RZ300e or RZ450e near you.

5. 2024 Volvo C40 Core RWD

Cash: $59,836; Lease-to-own: $52,360. Lease-to-own savings: $7,476

Volvo currently has a lease offer on a rear-wheel-drive C40 in Core trim that is $459/month for 36 months and $3949 due at signing. According to lease calculators on Leasehackr.com and Edmunds.com, the residual on a 3-year, 10K mi/year lease is 50%, which calculates to an option to buy for $27,448 at lease end, resulting in a lease-to-own deal that’s over $7K less than an all-cash transaction at a 9% tax rate.

Volvo-C40-XC-40-EVs-4
The C40 Recharge / Source: Volvo Cars

This four-door five-seater with 15 cubic feet of cargo space aft of its rear seats goes from zero to 60mph in 6.9 seconds and runs for 297 miles on a full charge in rear-drive configuration. Those yearning for more performance can opt for the all-wheel-drive twin-motor configuration that rockets from standstill to 60mph in 4.5 seconds and travels 257 miles on a full charge. The C40 in either form may seem a bit pricey compared to its competition, but a number of Volvo dealers are offering hefty C40 discounts to compensate. Find a great deal on a Volvo C40 in your area.

6. 2024 Nissan Ariya Engage FWD

Cash: $45,251; Lease-to-own: $39,023. Lease-to-own savings: $6,228

Nissan is currently running a $10,000 incentive on the 2024 Ariya, which translates into some of the most alluring lease terms since its introduction last year. In its most basic form, which is the Ariya Engage in front-drive, standard battery configuration with an MSRP of $45,515, leases at $289 per month for 24 months and $4119 at signing. Leasehackr.com and Edmunds.com lease calculators show a 56% residual on a two-year, 10K mi/year lease, which when multiplied by the MSRP, calculates to an option to buy for $23,548 at lease end after adding a $300 fee that Nissan charges to exercise that option. With an assumed 9% tax rate, its lease to-own cost comes out to $39,203, which is over $6K less than a tax-included all-cash purchase of this five-passenger SUV that carries 22.8 cubic feet of cargo behind its second-row seats, goes 216 miles on a charge, and accelerates from standstill to 60mph in 7.5 seconds.

Nissan-Ariya-electric-SUV
2023 Nissan Ariya electric crossover SUV (source: Nissan)

Those that have more of a need for speed, range, and amenities might want to consider a $56,565 Ariya Platinum+ e-4ORCE, which is a decked-out all-wheel-drive Ariya equipped with a larger battery that hustles from zero to 60mph in five seconds flat and travels up to 257 miles on a full charge. At $419/month for 24 months, $4249 at signing, and an option to buy at $34,239 at lease end, its after-tax lease-to-own cost is $58,874. That’s a $2,781 savings from a tax-included all-cash purchase, but it seems a bit expensive at almost $20K more than the lease-to-own cost of the base model. However, there are a number of dealers offering incredible Ariya lease terms that makes the well-equipped Ariya worth considering. Get a great Nissan Ariya offer at a dealership near you.

… and the rest

Below is a list of EVs included in this study, sorted from highest to lowest lease-to-own (LTO) savings. Here are a few random thoughts/observations after staring at the list for too long:

  • The cheapest EV we evaluated – the 2025 Nissan LEAF S (MSRP $29,815) – is even cheaper in the lease-to-own scenario, with an after-tax lease-to-own cost of $27,880. That’s $3218 less than the after-tax cost of an outright purchase at MSRP, assuming a 9% tax rate.
  • Those that have been cross-shopping GM Ultium platform siblings probably know that the MSRP of a Chevrolet Blazer EV AWD LT is $1600 cheaper than that of a Honda Prologue AWD EX. However, leasing to own the Prologue should result in a nearly $5000 after-tax savings over a cash sale, making the lease-to-own Prologue cheaper than a Blazer EV cash purchase by over $3000. But what about leasing the Blazer EV? By our calculation, the two-year Blazer EV lease featured on Chevy’s website results in an after-tax lease-to-own cost that’s $1146 more than a cash purchase, due in part to a high residual (65%, according to Edmunds.com), thereby making the Prologue an even more attractive choice from a cost perspective.
  • At the bottom of the list are eight EV models with lease-to-own costs that are greater than a cash purchase. So is it a bad idea to lease these EVs if you’re playing for keeps? Not necessarily, if your plan is to actually finance the purchase. For six of those eight EVs, the lease-to-own strategy should cost less than taking out a loan with the same drive-off amount as the lease it’s being compared to. Two outliers, the Cadillac Lyriq and Ford F-150 Lightning, were the only EVs on the list that should be cheaper to finance rather than lease-to-own, specifically for buyers that qualify for the $7500 Federal EV tax credit. Why? Well, for the $62K Caddy, a ridiculously inflated residual on its two-year,10K mi/year term (80%, per Edmunds.com) makes it cost-prohibitive to buy out the Lyriq lease. As for the F-150 Lightning, taking advantage of Ford’s financing incentives (1.9% rate and $2000 cash back on 2024 models, or 0% interest rate and $2750 cash back on 2023 models) result in a lower cost-to-own than employing the lease-to-own strategy using the current factory lease terms.
Year/Make/Model/Trim Cash LTO LTO
Savings
%
2024 Vinfast VF8 Eco $51,448 $34,063 $17,385 34%
2024 Subaru Solterra Ltd $54,195 $37,801 $16,394 30%
2024 Toyota bZ4X XLE AWD $49,067 $33,701 $15,366 31%
2024 Subaru Solterra Premium $50,511 $35,840 $14,671 29%
2024 Toyota bZ4X XLE FWD $47,312 $33,149 $14,163 30%
2024 Lexus RZ450e Premium $53,731 $42,370 $11,361 21%
2024 Lexus RZ300e Premium $48,608 $39,134 $9,474 19%
2024 Volvo C40 Core RWD $59,836 $52,360 $7,476 12%
2024 Nissan Ariya Engage FWD $45,251 $39,023 $6,228 14%
2024 Honda Prologue AWD EX $48,957 $44,013 $4,943 10%
2024 Kia EV6 LLR RWD $44,084 $39,524 $4,560 10%
2025 Genesis Electrified GV70 $73,447 $69,088 $4,359 6%
2024 Volvo XC40 Core RWD $58,582 $54,446 $4,136 7%
2025 Nissan LEAF S $31,098 $27,880 $3,218 10%
2024 Hyundai Ioniq 5 SEL RWD $45,687 $42,753 $2,933 6%
2024 Fiat 500e $37,164 $34,284 $2,880 8%
2024 Nissan Ariya Plat+ AWD $61,656 $58,874 $2,781 5%
2024 Acura ZDX $64,277 $62,405 $1,872 3%
2024 Kia Niro EV Wind $38,054 $36,214 $1,840 5%
2024 Ford Mach-E Prem RWD $45,629 $43,992 $1,637 4%
2024 MB EQB 300 4MATIC $56,518 $55,354 $1,163 2%
2024 Kia EV9 LLR RWD $58,658 $58,079 $579 1%
2025 Mini Countryman SE ALL4 $49,573 $49,064 $509 1%
2024 Chevrolet Equinox EV LT $38,192 $37,765 $427 1%
2024 MB EQE 350 4MATIC SUV $75,702 $75,503 $199 0%
2024 BMW iX xDrive50 $87,248 $87,061 $187 0%
2024 Hyundai Ioniq 6 SE RWD $40,024 $40,808 -$784 -2%
2024 Genesis GV60 Std RWD $50,652 $51,570 -$919 -2%
2024 Chevrolet Blazer EV AWD LT $47,213 $48,359 -$1,146 -2%
2024 Audi Q4 e-tron 55 Prem + $58,786 $60,063 -$1,277 -2%
2023 Ford Lightning Lariat $68,219 $71,590 -$3,371 -5%
2024 BMW i4 eDrive35 $52,111 $55,586 -$3,475 -7%
2024 Audi Q8 e-tron Prem + $76,596 $81,794 -$5,199 -7%
2024 Ford F-150 Lightning Flash $66,898 $73,559 -$6,661 -10%
2023 Ford F-150 Lightning XLT $51,869 $58,941 -$7,072 -14%
2024 Cadillac Lyriq RWD Tech $57,678 $68,143 -$10,465 -18%
2024 Ford F-150 Lightning XLT $61,448 $73,269 -$11,821 -19%
EV Lease-to-own (LTO) savings over cash purchase, assuming a 9% tax rate

One final note: Although some manufacturer lease offers conveniently state a residual value, most ads don’t make mention of it or contain weasel words like “Option to purchase at lease end for an amount to be determined at lease signing.” In any case, if you’re playing for keeps, ask for the residual value during negotiations to set expectations and verify that it’s not inflated, then check what’s written in the contract before signing on the bottom line.

As always, check our Electric Vehicle Price Guide and Electric Vehicle Lease Guide for the best deals on EVs in the US.

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Trump blocked wind projects, and now 17 states and DC are suing

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Trump blocked wind projects, and now 17 states and DC are suing

Seventeen state attorneys general and DC are fighting a Trump executive order that froze permits and funding for all onshore and offshore wind projects on January 20.

The coalition is asking a federal judge to declare the executive order illegal and prevent the Trump administration from obstructing wind energy development. It was filed in federal court in Massachusetts.

New York attorney general Letitia James is leading the coalition. James said, “This arbitrary and unnecessary directive threatens the loss of thousands of good-paying jobs and billions in investments, and it is delaying our transition away from the fossil fuels that harm our health and our planet.”

Federal agencies have stopped issuing permits for wind projects across the board and even pulled the plug on the fully approved Empire Wind in New York, which was already under construction. Developer Equinor, majority owned by the Norwegian government, went through a seven-year permitting process and is considering separate legal actions.

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Massachusetts attorney general Andrea Joy Campbell said that Trump’s “attempts to stop homegrown wind energy development directly contradict his claims that there is a growing need for reliable domestic energy.”

The coalition argues that the action violates the Administrative Procedure Act and other federal laws because the Trump administration, “among other things, provides no reasoned explanation for categorically and indefinitely halting all wind energy development.”

Trump’s executive order puts billions of dollars in state investments at risk, jeopardizing everything from wind industry infrastructure to supply chains and workforce training that’s already well underway.

The coalition consists of attorneys general of Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, New Mexico, Oregon, Rhode Island, and Washington. 

Read more: Trump admin halts $5 billion NY offshore wind project mid-build


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Listen up, car dealers – you need to start selling EVs the way you sell tow rigs

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Listen up, car dealers – you need to start selling EVs the way you sell tow rigs

Professional salespeople love to talk about “the steps of the sale,” a tried-and-true process that guides every customer from curiosity to closed. But when it comes to electric cars, that old-school hustle can fall flat, leaving dealers struggling with how to fit them into their familiar playbook. But what if I told you, dear dealer, that there’s a whole category of vehicles on existing dealer lots that need to be approached in exactly the same way as an EV to score a successful sale that you’re already familiar with?

That category: Heavy-duty tow trucks. Here’s how selling one is a lot like selling the other.

That’s right, greenpeas – selling a tow-rated pickup truck to someone who’s buying it primarily to haul a trailer, boat, or RV is a delicate thing that requires salespeople (and sales managers) to approach their customers with a lot more patience and empathy, and a lot less, “what can I do to get you to drive this home, today?” And, as we go through the whys and hows, I think you’ll agree that all the heavy truck selling wisdom we’re going to cover today will help you sell more electric cars, more often, and for more money.

1. Discovery is where the deal gets done


When it comes to heavy-duty tow vehicles, most smart dealers understand that their customer probably has a better understanding of their individual needs than they do – but it’s still a good idea to go over that understanding during the discovery phase of the sale.

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Has the customer factored in the weight of the trailer and the weight of everyone and everything else inside it? What about the weight of water, tools, or animals? Do they fully understand the concepts of GVWR and GCWR, and the difference between trailer weight and tongue weight? Will they have enough range, when fully loaded, on their standard fuel tank or will they need an aux. tank? What about the future – are they thinking about upgrading their RV or hauling bigger loads longer distances?

In other words, the customer has to trust that the vehicle they’re about to buy from you will meet their needs and fit into their lives today, while also meeting their needs in the foreseeable future. That’s what it looks like in a truck, but now apply that to an EV.

Has the customer mapped out the routes they take every day to make sure they can make the drive? That might sound ridiculous to you and me, but what if they’re depending on a single DC fast charger out on a rural stretch of highway to get the EV to meet their needs? What if they think 200 miles of range is 200 miles of range, but they like to drive 80+ mph (on Chicago’s I-290, that’s a minimum safe travel speed), do they understand that speed impacts range as much as weather?

Tools like Chargeway are great for helping dealers explain EV charging speeds, the impacts of speed and topography on range, and – especially in this era of NACS adapters – where buyers of used or off-lease EVs can charge up and get back on the road.

In either case, the salespeople who take the time in discovery to understand their customers’ needs and become consultative partners will make a sale, the ones who rush through the process won’t, and the ones who sell their customers the wrong thing will make a problem (if not an expensive lawsuit) for the dealership.

2. Options really do matter


When you’re selling a conventional ICE-powered crossover to a typical suburbanite, moving your customer up or down a trim level doesn’t typically impact their use case. Sure, they might have to keep their foot planted a little longer to get up to highway speeds or learn to live with cloth when they really wanted leather or vinyl vegan leather, but they’ll still be able to get five-to-seven adults from point A to point B with the same general effectiveness.

That’s not true when it comes to trucks that are going to get put to work. There, the difference between one axle ration and another can have a huge impact on driver comfort, towing capabilities, and fuel economy – and going from a one-ton truck that’s just outside the customer’s budget to a half-ton that you happen to have on the lot could get someone seriously hurt or killed.

On an EV, the difference might not be so dramatic, but the difference between a Nissan LEAF SV Plus with a 212 mile range and a Nissan LEAF S with 149 miles of range? That could mean the difference between getting to grandma’s house in three hours or five – that’s assuming your customer could even find a CHAdeMO port in the first place!

It may be tempting to switch the customer to a vehicle you have on the lot (especially if that vehicle happens to be an aged unit with a fat spiff on it), but the long-term pain isn’t worth the short-term gain on this one.

3. Information is your friend


This might feel like a duplicate of the discovery phase, but think of it as a member of the “measure twice, cut once” advice genre. That is to say that, sure – the customer thinks that new 5th wheel RV they have on order weighs 11,000 lbs., but does it? Did they add any options of features (see no. 2) that make it heavier? Get the information from the RV manufacturer or dealer and confirm as much as you can. That extra work will help keep your customer safe and build trust.

Similarly, you’ll want to verify your assumptions when it comes to EVs. Is that once-a-month 300 mile drive really 300 miles, or is it 330? Is there more than one charging option available on their preferred route? Is the customer able to make their trip without changing the way your they drive? Are they willing to change up where they stop, or for how long?

When it comes to EVs, especially used ones that came onto your lot as part of a trade deal that you may not be intimately familiar with, I cannot stress how much route planning apps like Chargeway or A Better Route Planner can help salespeople answer questions about electric vehicles confidently and correctly, generate trust, and drive referrals.

4. Aftersales support is critical


Successful salespeople follow up – not just with prospects who are still shopping, but with customers who have already bought. And, just as RVers know other RVers, RV salespeople who get positive feedback about a local dealer who takes the time to make sure their customers get the right truck know RV customers who might need a right truck of their own.

Yes, those RV salespeople might expect a $100 bird dog bonus to send their customers your way, but the money on its own isn’t enough. They have to know they can trust you with their customers, and you build that trust in steps 1-3, above.

It doesn’t take a genius

BMW Genius bar; via BMW.

If there’s one company that absolutely gets it when it comes to helping customers discover whether or not an EV can fit into the way they live, work, and drive today it’s BMW. Their take on the Apple Genius Bar helps consumers set reasonable expectations, understand charging speeds, and build customer loyalty – that’s why they’ve snatched the top spot in the J.D. Power U.S. Electric Vehicle Experience (EVX) Ownership Study for the last few years.

The reason BMW is consistently pulling ahead? It seems to come down to education. “First-time EV buyers are receiving minimal education or training,” explains Brent Gruber, executive director of the EV practice at J.D. Power. “Dealer and manufacturer representatives play the crucial role of front-line educators, but when it comes to EVs, the specific education needed to shorten the learning curve just isn’t happening often enough. The shortfall in buyer education is something we’re seeing with all brands.”

And, if you’re still not quite convinced that you need to learn how to sell EVs to be successful on the sales floor, think again.

Overall, 94% of BEV owners are likely to consider purchasing another BEV for their next vehicle, a rate that is also matched by first-time buyers. Manufacturers should take note of the strong consumer commitment to EVs as the high rate of repurchase intent offers the ability to generate brand loyal customers if the experience is a positive one. In fact, during the past several years, the BEV repurchase intent percentage has fluctuated very little, ranging between 94-97%. This year’s study also finds that only 12% of BEV owners are likely to consider replacing their EV with an internal combustion engine (ICE)-powered vehicle during their next purchase.

J.D. POWER

Listen to an EV convert who has desked an awful lot of car deals, greenpeas – if you treat every EV customer the same way that crusty old fleet rep treats his truck buyers, you’re going to sell a whole lot of EVs. And, if you’re a brave enough little toaster to follow up and ask for that referral, you’ll find that EV buyers know other EV buyers.

Happy hunting.

Original content from Electrek.


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Tesla Cybertruck inventory skyrockets to record high

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Tesla Cybertruck inventory skyrockets to record high

Tesla’s Cybertruck inventory has skyrocketed to a new record high of more than 10,000 units. The vehicle program is in crisis.

We reported at the beginning of April that Tesla ended the first quarter of 2025 with at least 2,400 Cybertrucks in new inventory available in the US.

There’s no exact way to track Tesla’s inventory in the US, but there are ways to track Tesla’s Cybertruck listings. Sometimes, Tesla may have many vehicles with the exact same configuration at the same location and it will only publish a single listing for it.

Therefore, Tesla might have been sitting on more Cybertruck inventory.

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A month later, the number of listings in the US has skyrocketed to over 10,000 Cybertrucks, according to Tesla-Info.com:

This surge could be due to an actual net increase in Cybertruck inventory, but Tesla is also heavily discounting the trucks at varying rates, creating several different prices and, therefore, more listings.

At an average sale price of $78,000, Tesla could have almost $800 million worth of Cybertrucks.

Due to low demand, Tesla appears to have significantly slowed down Cybertruck production in recent months. Therefore, this surge is likely more about Tesla discounting the vehicles, exposing the broader US inventory, than an actual major increase in inventory due to more production.

Many of the Cybertrucks in inventory were built in 2024, so they are already at least four months old. Tesla still has ‘Foundation Series’ Cybertrucks in inventory, which it stopped producing in October 2024—more than seven months ago.

Tesla recently launched the Cybertruck RWD, but it has given up on making it with a smaller battery pack and instead removed many important features.

Electrek’s Take

This is about as bad as it gets. Over 10,000 units account for about two quarters of Tesla’s Cybertruck sales.

It already looks like Tesla has slowed Cybertruck production down to a crawl, but I wouldn’t be surprised if it pauses it soon. The hard part for Tesla is to admit defeat.

The Cybertruck RWD using the same battery pack as the AWD was already a sort of admission that Tesla found the vehicle program to be too small to be worth being produced with two battery pack sizes. The automaker did the same with Model S/X when the program’s volumes shrank following the launches of Model 3 and Model Y.

It looks like under the current circumstances, Tesla will have issues selling more than 20,000 Cybertrucks per year in the US despite having planned production for 250,000 units.

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