I was doing the math on leasing an EV and really seems to work. With the EV deprecation, you are actually coming out ahead of buying in many cases. A friend did this with a Kia a few years ago and looks like its a valid option.

It works because the manufacturers are willing to defer the hit and eat the depreciation themselves in three years. If the leases were honest and the residuals accurate, it would be a wash with buying.