I was quoted 62% for the depreciation value on a 39-month Polestar 2 lease. It was a higher value than I expected.
Not sure when you were quoted this. But Polestar has also been utilizing the Federal 7,500 Credit to shore up the lease residual and achieve the more competitive (lower) monthly payment on a lease. So that bumps up the lease residual at least 12 percentage points, if not more. It's an interesting tactic since the other companies that pass through the value have been using them as cap cost reductions.I was quoted 62% for the depreciation value on a 39-month Polestar 2 lease. It was a higher value than I expected.
There's definitely more on EVs right now, Mach E's also took a bath the past few months.Given your background do you see this as something particular to Polestars or across other brands as well? I'm also wondering if the federal rebate changes have had an influence broadly across the EV used car market?