Leasing vs Buying a Tesla (Dec 2023) Cost Breakdown
Vložit
- čas přidán 30. 11. 2023
- Why we decided to finance a model 3 over leasing. Updated leasing down payment is now near 7,000+
Order a tesla using my referral link to receive 6 months of super charging on a 3/y and 3 months of FSD: www.tesla.com/referral/robert...
2024 EV Tax credit updates. Model 3 RWD/LR will no longer qualify come Jan 1 2024. Point of sale credits will apply which is a win for qualified models and buyers. Schedule a demo drive here: www.tesla.com/referral/robert3199
Wow. Thx for this info lease vs buying. Helped me immensely.
Thank you for the information. Great video.
Model Y after tax credit now 32000 for RWD or 38000 for LR AWD : www.tesla.com/inventory/new/my?arrangeby=plh&zip=85253&range=200&referral=robert3199
crazy! have to take delivery by tomorrow though
Thank you bro
Where I live rent it’s around 130 USD per day. It’s a easy and huge no. Here in Thailand model Y will cost around 56K
Tesla lease does not allow buying the car at the end of the lease.
Just save up and pay cash for used or new! Why give away money to the banks and be strapped down with payments?
Bought our 2023 base Model 3 (zero options or upgrades) in September 2023 for $28k cash! $7500 rebate and $4k deducted for buying one already available on the lot!
Can you go “zero down” with the lease? I understand you have to pay the rest of the fees, but if I don’t want to put anything outside of that down is it allowed. Ty!
it seems so. you can play with it on tesla.com on the payment calculator. when i change the payment to 0 down, the Model 3 base for example is about 500 per month
Wow the lease is a lot more expensive than I thought
Looks like the referral no longer gives a discount
Yeah I noticed that after posting. Looks like just supercharging + FSD for 3 mo
The existing inventory discount at least makes up for it!
It seems like you’re just buying a headache when you are trying to sell it. Who buys the car back? Tesla when that happens they will not give you a good amount for the car. Either way you look at it, buying or leasing you will still end up spending more money or losing money.
Need to know the residual. This will be in the contract so you know exactly how much the car would cost if you decided to by it outright at the end of the lease.
You can’t though
@@deej628not really that difficult to see that currently a model residual is about 50% with the calculator telsa has. The $7500 is coming off of about 21k for the model 3 rwd basic color wheels and black interior about 42K as built.
Is zero down lease a option?
Yes
Tesla just updated lease options for existing inventory. Because of the new price adjustments cannot lease existing.
"Lease Unavailable
This vehicle is not able to be leased due to the adjusted price
Only cash and loan purchases are available on vehicles with adjusted prices. Select a vehicle without an adjusted price if you are interested in leasing."
@@RobertSchmittcheck the mileage on the car. I noticed you can still see the lease price breakdown on a discounted new vehicle but not the demo vehicles (which have an even better discount!)
can you do Uber while leasing a Tesla?
No
Yes but what you need to do is… Read more
We do get the federal tax credit. It’s up front off the total amount of the car. This is better than waiting until tax time.
Correction, the disposition fee is NOT due when you lease.
Thank you for sharing! What is the fees due at delivery if you don’t mind sharing? I plan on leasing on early April. Thanks again!
@@Western.Confrence I paid the order fee, of course, then I paid $1957.67. I sent an email to my Tesla advisor asking how that fee was calculated. Some of these numbers are probably specific to what state you live in. The fee consists of first month's payment, registration fee, lease acquisition fee, title, filing fee, minus the $250 registration fee.
@@SueC56 thank you so much!
i think tsla you cant buyout a lease thats stupid , every other manufacture you can buy it after the lease
I feel like you will be able to, but they're reserving the right to set the price at that time, vs most leases have a prescribed buyout price. Weird choice by Tesla, seems to me they're betting on their cars not depreciating too much
It's changed over the years. Overall Tesla wants to take it back because it adds to their fleet of full self driving robotaxis that have been massively subsidized by us.
In previous years you could buyout the S.and X but now none of the cars have this option.
You used to be able to buy out the model x and model s. Not sure if that changed
Or they can refurbish them and sell them on their used inventory for not a that much of a chunk less than brand new.
@@ATGATI think telsa is betting on unlocking a bunch of software on the returned car and selling it for a premium. Their used cars don’t even show the buyer the pictures and people are getting them.
Too fast and not suitable for people like me.
However, cost of ownership of Tesla for 3 years is almost double of leasing it for 3 years.
Looks like you can put $0 down on a lease
Yeah but then you’ll have to… Read more
Wait, so Tesla lease is not a good deal
It's more expensive than most people will think!
Tesla leases are terrible. It doesn’t matter your term you cannot buy out your lease after you term has expired? How is that even allowed? And from my experience Tesla is the only manufacturer that does this. And I am not sure why though?
They will let you extend your lease another year
@@RobertSchmittno lease is ever cost effective vs buying the car. If the sole purpose is saving money cash or finance with a good chuck down.
@@kennordsfan1494because when you lease a Tesla you’re agreeing to… Read more
What was your credit score ?
Around 800
Tesla makes you remove your window tint when returning your lease 😢
😔
You should probably bring up the fact that most vehicles depreciate max 20% over a 3 yr period. Tesla depreciates 40% over that same time period. Being able to re sale this vehicle at any decent price is basically never happening.
I’m pretty sure it’s because the lease stipulates that… Read more
@@whitemailprivilege2830 the lease stipulates the depreciation? Pretty sure the market does that.
Most are down 40% in 3 years actually