Ep. 153: The One Where We Talked About EV Purchase & Financing Trends with Experian

Melinda Zabritski, Head of Automotive Financial Insights for Experian Automotive joins the show today to talk about the dynamic shifts in EV ownership trends, facing a notable tilt toward leasing, especially among non-luxury models. This surge in preference is fueled by appealing tax incentives (for now!) and lower monthly payments, making EVs more accessible. In 2024 there was a slight decline in buyers' credit scores and the allure of electric vehicles continues unabated, thanks to financial strategies like lease buyouts, driving a rapid expansion in the used EV market. Melinda also explains that major players like Carmax and Carvana are leading the charge in used EV financing, highlighting a growing consumer preference for affordability. As we accelerate into 2025, these trends underscore many of the changes happening in the EV market, marking a decisive era of growth and accessibility.______________________________Check out Experian's EV Resource Page for all things electric vehicle data:https://www.experian.com/automotive/ev-resource-center?cmpid=EVS_for_Everyone_______________________________This episode is sponsored by Experian. Experian is a global data and technology company, powering opportunities for people and businesses around the world. Experian helps to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using their unique combination of data, analytics and software. Learn more at https://www.experian.com/automotive/ev-resource-center?cmpid=EVS_for_Everyone________________________________🚨 SNOLA MERCH PRE-SALE is NOW LIVE 🚨We’ve got men’s, women's and *KIDS* tees featuring Eddy the Yeti, a peaceful creature who roamed about in New Orleans during NADA 2025 and has a super agitating demeanor. He's also very fluffy and enjoys causing mayhem.Shop now while supplies last → Shop - EVs For Everyone_________________________________Connect with Elena:https://evs4everyone.com/https://www.linkedin.com/in/elenaciccotelli/Let's talk on X:https://twitter.com/EVs_forEveryoneAre you connected with the show on LinkedIn? https://www.linkedin.com/company/the-evs-for-everyone-podcast/________________________Connect with Melinda Zabritski on LinkedIn: http://linkedin.com/in/melinda-zabritski-3951834