Should you lease or buy an electric car? Top 9 considerations
Leasing vs. buying an EV comes down to the type of freedom you want.
5 min read
Dec 18, 2025
Rebecca Betterton
Writer, Auto Loans and Personal Loans
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4Years of experience
EXPERTISE
- Auto Loans
- Personal loans
- Personal finance
- Budgeting
EDUCATION
- Certified Financial Education Instructor℠, National Financial Educators Council
- Bachelor of Arts in Strategic Communications, Elon University
About the author
Rebecca Betterton, a Certified Financial Education Instructor℠, is a writer for Bankrate who has been reporting on auto loans since 2021. Through her writing, Rebecca aims to provide clarity and accessibility to the automotive loans industry as the cost of financing new and used vehicles continues to climb due to steep inflation.
She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car, but recently widened her scope to cover personal loans and other debt topics. Prior to her time at Bankrate, she was a social media reporter and copywriter.
When Rebecca isn’t researching recent trends in personal finance, she is an avid runner and a lover of interior design.
Rebecca beyond Bankrate
Rebecca wants you to know
Rebecca understands the anxiety that comes with heading to a dealership. She is passionate about empowering readers to make informed financial decisions in the showroom through focused advice and guidance. Outside of that, she has spent the last year researching EV financing and trends to make it more accessible for all sorts of drivers.
Rebecca's latest articles
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What’s the minimum credit score to buy a car?
There is no minimum credit score, but lenders have varying minimum requirements.
4 min read Dec 17, 2025 -
What’s your state’s average car loan balance?
Delinquencies are returning to pre-pandemic levels — see where your state lands.
4 min read Dec 17, 2025 -
They’re easy on your budget, but is buying a rental car a good idea?
Rental cars are driven hard by renters, but they offer solid advantages to a buyer.
3 min read Dec 17, 2025 -
Should I buy a new or used car? Here’s how to decide
There are pros and cons of getting the latest model.
4 min read Dec 17, 2025 -
What’s the average car loan length?
Pick the shortest term length you can comfortably afford.
4 min read Dec 17, 2025 -
How does the Fed interest rate affect car loans?
Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
3 min read Dec 10, 2025 -
Car interest rates may come down as the Fed drops rates
Prepare for high rates of inflation if you plan to buy a vehicle this season.
5 min read Dec 10, 2025
