But so far, those features are found in only some car models, and often are priced as extras. “Technological growth in these cars isn’t slowing down, and until it does, it’s less risky to lease,” Hammes, 25, said. Lease payments are calculated based on the car’s cost and are negotiated just as a new-car purchase would be. Soon, thanks to V2X technology, cars will be interacting autonomously with stoplights, infrastructure and other vehicles to increase road safety and manage traffic, according to a Siemens “Future of Infrastructure” report. Brauer, owner of a 2003 Chevy Malibu, decided to lease for the first time this year, signing a three-year deal on a Fiat 500e electric car.

Source: Los Angeles Times July 07, 2017 09:56 UTC