The SEB Bank has just announced that during the first nine months of this year, financing for new electric vehicle leases in Estonia increased by a quarter over the same period last year, while the purchase price of E-cars has dropped by an average of EUR 7,000.
The bank’s nine-month data show that financing for new electric cars rose by nearly 27% as against the same period last year. Used cars involved the greatest growth with an increase of 34%.
“The increasing purchase of used cars is a natural thing in a market where demand for E-vehicles is on the rise,” says SEB’s leasing manager, Rein Karofeld. “As more electric cars appear on the streets, people who have been thinking about buying one feel more confident, and the range of used vehicles will therefore expand in future. Today such cars are primarily favoured by customers who are seeking a second family vehicle, as well as those who want to assess the convenience of E-cars. The price of new electric cars has fallen during the past year, but the average price differential between new and used vehicles remains at a level of around EUR 15,000, which often leads to a preference for the latter.”
When it comes to E-car brands, preferences have not changed much over the year. Tesla and Škoda remain at the top of the charts, and good vehicles are currently available at somewhat lower prices. A year-on-year comparison shows that the price of new and used E-cars has dropped by an average of EUR 7,000.
Source: BNS
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