Sunday, December 22, 2024

Leasing has become significantly more expensive – electric cars are to blame

There is an ever-increasing uncertainty about the resale value of electric cars, which pushes up the price of leasing. Leasing is otherwise very popular. Especially in Denmark.

Danes lease cars like never before. But it has also become significantly more expensive for them. One reason is that the leasing companies must compensate for lower resale value.

Reuters writes that.

Resale value has generally become more difficult to predict because the car brands have been thrown into a price war on new cars. And then there is only one place where the leasing companies can get a fair amount of financial security. Namely in the customers' pockets.

– If we are pushed very, very hard for everything to be electric too quickly, my shareholders will say that they do not want to take the risk, and then we will have to exit the market.

READ ALSO: Charging operator has gone bankrupt with huge debts

– Let's be honest: without us, who takes the risk? says Tim Albertsen, director of the leasing company Ayvens, the former ALD, to the news agency.

Figures from the German Center Automotive Research show that an electric car, which costs just over DKK 340,000 from the factory, has become DKK 2,500 more expensive to lease than it was three years ago.

There is significantly less uncertainty about the corresponding petrol car. Also when it comes to resale value. Therefore, it has become slightly cheaper to lease than three years ago. But it's not much. On the other hand, higher fuel costs should be expected as a starting point.

According to the research firm Autovista, electric cars have a lower resale value today than before the pandemic compared to petrol cars.

Read more exciting news from and about the world of cars right here!

Latest

Don't miss

All Danes have lost 2.3 billion in the car giant's bankruptcy

The pension company now admits that it has lost...

Giant charging operator has collapsed – kept customers' money

Swedish charging operator Eways owes more than 100 million...

This is how bad electric car batteries are after 260,000 kilometers

Batteries in electric cars lose capacity. But not as...

Police warn against cheap tuning from Temu

It can be so cheap that it's a bad...

Car giant in crisis – will lay off another 10,000 employees

German Bosch, one of the automotive industry's largest subcontractors,...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Honda Prelude returns with fake gear shift

The reborn Honda Prelude will make a comeback in 2026. After a 26-year absence, it will be with a 2-liter gasoline engine and fake...

Inspectors sound the alarm – find the same fault on every fourth car

The Swedish chain of inspection centers Bilprovningen is now sounding the alarm because inspectors find the same defect on every fourth car. The Danish...

Saab says no – will never be a car brand again

Industrial giant Saab AB, which owns the rights to the name Saab Automobile, is not interested in releasing the license for 'the world's most...

France drops state support for small electric cars – can't afford it

In a somewhat bizarre political move, the French government has decided to drop all state support for electric motorcycles and small electric cars like...

Calls electric car life-threatening – MG4 involved in serious accident

Several owners are calling the electronic stability program (ESC) in the Chinese MG4 life-threatening. And now a serious accident has occurred in Sweden. According...

Bankrupt Fisker has sold more electric cars than Volkswagen

There's no avoiding a bizarre dispute on official sales lists in the US - bankrupt Fisker Inc. has sold more electric cars than Volkswagen....

The crisis is total – Volkswagen fires 35,000 employees

That's not happening right now. But by 35,000, Volkswagen will have laid off 35,000 employees and closed several factories. The settlement was reached on...

New test: The electric car is poor in cold weather

The electric car is not the solution for everyone. And now a new Swedish test shows that the technology falls short when it gets...

Stockholm banned from introducing the world's strictest environmental zone

While all municipalities in Denmark have been allowed to introduce zero-emission zones from the New Year, the city government in Sweden's capital Stockholm is...

Porsche sounds the alarm – 8,000 employees' jobs are at risk

The Volkswagen Group's crisis has reached Porsche, with the brand recently announcing that it may be forced to lay off 8,000 employees. At Porsche,...

BMW owner with illegal Christmas decorations escaped huge fine

An older BMW was clearly illegal when the police spotted it on the highway. Yet the owner got away with a raised index finger....

Huge charging operator bankrupt – owes over 100 million kroner

On Wednesday this week, a restructuring plan was rejected, and on Thursday, charging station operator Eways decided to throw in the towel. The bankruptcy...
footer.txt Viser footer.txt.