Benefits of Leasing
As of 2017, drivers in the United States now lease almost 80% of battery electric vehicles and over 55% of plug-in hybrids.16 The study found that the lease rate for nonelectric and non-hybrid vehicles is only about 30%.
Required:
1.
Explain the reasons for leasing the electric car by the drivers.
Leasing the electric car by the drivers will give various benefits as follows:
2.
Explain the reasons for leasing the electric car at higher rate than others by the drivers.
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