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Off-lease EV pricing is shaping up as a costly problem for automakers’ finance arms
As more electric vehicles come off lease, automaker finance units face a difficult choice: hold to earlier resale assumptions and price above the market, or cut prices and absorb profit damage.
Key Takeaways
- Automaker finance units may face major losses as off-lease EVs return to the used market.
- If they keep prices aligned with older resale estimates, the vehicles may be overpriced for buyers.
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DT Editorial Team··via autonews.com