Outright purchase v hire/lease deal

Kinny15

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First Name
James
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Jan 16, 2022
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Manchester
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Mercedes GLC
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Finally got a delivery date and actually parting with the money is now fast approaching!! Needless to say, I’m beyond excited! Here’s hoping some of you good folk can offer some advice…

Setting aside my personal financial position, what’s the general consensus on whether it’s better in outright purchasing or lease/hire deals? We’ve purchased our last few cars but this is my first EV and I’m concerned about how fast the technology is seemingly moving. I note the battery has a 5 year (I think it’s 5 years) warranty and guarantee that it’ll not fall below 70% range in that time, but is it daft to outright purchase an EV at the moment?
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