Despite the environmental and energy benefits that electric vehicles offer, the absence of tax incentives, such as tax breaks, tax discounts or direct subsidies, makes it difficult for consumers to opt for these types of vehicles.
Some countries, such as the United States, have implemented tax incentives to promote the acquisition of electric vehicles, offering credits of up to 7,500 dollars. These incentives are intended both to encourage the purchase of this type of vehicle and to stimulate the production of electric units.
In Mexico, the lack of incentives for the purchase of electric vehicles represents an obstacle in the massive adoption of this technology.
Eric Ramírez, director of the consultancy Urban Science for Latin America, highlights that as the prices of electric vehicles in the market decrease, banks and finance companies of the brands must look for more flexible alternatives instead of limiting themselves to traditional approaches. , such as financing through a branded financial institution or a bank.
“You need to think about how to make electrical products more accessible to customers. If we try to rely on a single marketing channel, the process will be slow. We need to expand the options available… We need to explore these types of schemes to make them more innovative and thus accelerate adoption in the new market,” he adds in an interview with Expansion.
Lease instead of buy?
Leasing an electric vehicle instead of buying one has several significant benefits. First, leasing offers financial flexibility, as the monthly lease payment is often lower than the payments on a loan or financing to purchase a vehicle. This allows consumers to access state-of-the-art electric vehicles without incurring a high initial cost.
In addition, leasing an electric vehicle avoids the risk of devaluation of the value of the car. As electric vehicle technology is constantly evolving and improving, newer models often offer technological advances and improvements in battery range. This scheme allows upgrading to newer models at the end of the contract.
During the past year, specialized leasing companies acquired 53,031 new units, which represented an annual increase of 24.3%, according to data provided by the Mexican Association of Vehicle Leasers and the Mexican Association of Automotive Distributors (AMDA). Of the total number of vehicles purchased, 4.0% corresponded to electric and hybrid vehicles.