Joseph Yoon with Edmunds said that more than 300,000 electric vehicles are expected to be returned from leases, sending a wave of used EVs and hybrids into the market. He said that influx is likely to ...
Falling resale values on returning lease vehicles may drive massive industry losses by 2028.
New Lease Program Sets Industry Mark for Access Horsepower Leasing is Changing the way Americans access the Motorcycle ...
Good morning! It's Thursday, May 15, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. This is where you'll find the most ...
Used EV sales in the US hit a wholesale record in Q1 as off-lease supply grows fast, pushing more affordable electric cars ...
Tesla last November ended an unusual policy that prohibited U.S. leasing customers from buying their cars at lease-end. The policy started in 2019, when Tesla announced that customers could lease its ...
For years, leasing was a great option for consumers to offset high EV price tags, as well as rapidly developing technology, ...
Tesla has reversed a long-standing policy that prevented lease customers from purchasing their vehicles at the end of their term, signaling a shift away from its previously stated plan to reserve ...
There is a unique similarity between the wave of off-lease EVs currently hitting the markets and the 2008 financial crisis ...
Shares of EV giant Tesla Inc (TSLA) are trading 2% lower on Thursday morning after Reuters reported that the company sold off-lease cars to new buyers instead of adding them to its proposed robotaxi ...