BoltIsMyP51 wrote:Who leases a vehicle & only puts 4K/year on it???
I noticed a similar pattern when shopping the lease-return BMW i3. Yes, it had an inherently short range, but most of those coming back off lease had very few miles on them. Best guess is they were leased because of the "new thing" and a good cocktail party/country club conversation piece.
Just me, but I've never understood leasing at all. However, I can tell you who buys a Bolt and drives it 4,000 miles a year; a retired couple who live in a medium-sized city and use the Bolt only for local errands.
The Bolt is perfect for our use and is always the first choice for a local run. There is a 2004 truck for haulage and a 2011 SUV for road trips. We fully depreciate our vehicles.
FWIW, since they became a thing, I knew a BEV would be perfect for our use. However, we had another paid-for ICE sedan in the garage and no matter how we did the math, with our limited driving, a BEV would never pay for itself. Finally, we just decided we wanted a Bolt and have been smiling ever since.