Is Toyota’s BZ4X lease plan a stroke of genius, and are Tesla, Kia, Hyundai and others missing a trick?

AutoExec Summary
Toyota’s BZ4X electric car can be owned through a full-service lease deal, a first for Toyota Australia. The lease covers registration, insurance, service, tyre replacement, roadside assist, and connectivity subscriptions. The cost to purchase a BZ4X outright is expected to be over $70,000, which is a significant barrier for Australian Toyota loyalists. The lease is a smart alternative to avoid the risk of purchasing a car that may not suit your lifestyle. The lease deal also protects against potential crashes in the used EV market. Other significant EV players have not offered such a lease deal, but if EV sales cool, other brands offering such leases would appear likely.

Brands mentioned: Toyota, Tesla, Hyundai, Kia, MG, BYD, Nissan, Mazda, Peugeot.