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Why Most Electric Cars Are Leased, Not Owned

Jan. 3, 2018, 1:52 PM

Jeffrey Jablansky is the very model of a savvy electric-vehicle early adopter. He opted for a Chevrolet Bolt early last year, choosing a vehicle far ahead of all others by his preferred metric: electric range per dollar. But he never considered buying the car; instead, he pays $220 per month to lease the vehicle.

“I just think in three years I’m going to be delighted at what else is available,” said Jablansky, who writes about cars as a freelance journalist. “And we’re going to laugh one day that we used to plug cars in for eight hours at a time.” ...