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Leasing enquiries for new EVs skyrocket by 44%


The Subaru Solterra emerged as the most expensive vehicle on the list.

Despite the prevailing cost-of-living crisis and recent interest rate increases, the demand for new electric vehicles (EVs) is experiencing a notable year-on-year acceleration, according to data from Leasing.com. The car leasing comparison site’s proprietary data reveals a substantial 44% increase in enquiries for electric vehicles during Q4 2023 compared to the same period in 2022. The surge in demand is attributed to a shift in consumer behaviour, with savvy individuals increasingly turning to online leasing offers rather than opting for traditional Personal Contract Purchase (PCP) deals in dealer showrooms.

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new EVs skyrocket