Lease or buy tesla? Considering future discounts as costs go down

[Anonymous]

Anonymous wrote:

Anonymous wrote:It almost never makes sense to lease a car.

Except in the case of EVs. The tech is changing so rapidly that you may well want to replace/upgrade sooner than you otherwise might want to. A lease also gives you an easy out if it turns out that the tech doesn't suit you. And, if you do like the vehicle and the residual value justifies it, you retain the option to buy the vehicle at the end of the lease term. Sometimes leasing incentives also bring the total cost of ownership well below that associated with an outright purchase, but that needs to be considered case-by-case.

That was very informative, thank you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It almost never makes sense to lease a car.

Except in the case of EVs. The tech is changing so rapidly that you may well want to replace/upgrade sooner than you otherwise might want to. A lease also gives you an easy out if it turns out that the tech doesn't suit you. And, if you do like the vehicle and the residual value justifies it, you retain the option to buy the vehicle at the end of the lease term. Sometimes leasing incentives also bring the total cost of ownership well below that associated with an outright purchase, but that needs to be considered case-by-case.

That’s idiotic. It’s not like advancing tech renders your car immobile.

Occasionally leasing can work out better for low volume cars but Musk isn’t giving any deals.

They are only operational because they have a lot of capital from being meme stock. They are a good luxury car company if you can afford repairs and early replacement. Which does speak to the advantages of leases for an unreliable car. https://insideevs.com/news/731559/tesla-least-reliable-used-car-brands/

[Anonymous]

If money is a problem and/or consideration, why not work on that. Tesla stock goes up and down $50 within a month. You should be in Tesla stock buying low and selling high, and then buying/leasing the car with someone else's money.
There are better stocks ofcourse to get it done.

[Anonymous]

I am a basic betch and I will never get a Tesla, not because I’m trying to make a statement but because I don’t want to think about Elon musk more than necessary. That can’t be good for the brand.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP, will try to give you a real answer. We have leased our last two Teslas and think that works out well for the same reasons that you are considering it. (It also works out better if you are above the income limit for the tax credit, for as long as that lasts). For the PPs, I am a proud Democrat and DC leftie, but I don't think that my purchasing decisions should be based on the majority stockowner of a company. I have no love for Musk's politics, but the reality is that Tesla has done a great deal to improve the environment in this country and has a great product that is vastly better than the others right now. I use my Tesla on long road trips and will never do that without full access to the Tesla charging network. It is not helpful to anyone (and not the Democratic party for sure) to scream and fuss at people who disagree with you about whether to boycott Tesla who otherwise support all the things you care about.

There are other options. Give me a break.

My family member worked for Tesla as an engineer until recently. When they purchased their latest EV, they didn’t choose a Tesla. That spoke volumes to me that the Tesla isn’t necessarily superior to every other EV.

[Anonymous]

I do not believe Tesla allows lease buyouts at the end of the lease - you have to return to Tesla.

[Anonymous]

Anonymous wrote:I do not believe Tesla allows lease buyouts at the end of the lease - you have to return to Tesla.

That would be classic Musk. Use an artificially low residual value leading to high lease payments relative to what they should be then sell it used for a premium.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I do not believe Tesla allows lease buyouts at the end of the lease - you have to return to Tesla.

That would be classic Musk. Use an artificially low residual value leading to high lease payments relative to what they should be then sell it used for a premium.

Ha, they announced a retroactive change to this policy literally yesterday.

Have a Tesla now, will never buy another one again.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It almost never makes sense to lease a car.

Except in the case of EVs. The tech is changing so rapidly that you may well want to replace/upgrade sooner than you otherwise might want to. A lease also gives you an easy out if it turns out that the tech doesn't suit you. And, if you do like the vehicle and the residual value justifies it, you retain the option to buy the vehicle at the end of the lease term. Sometimes leasing incentives also bring the total cost of ownership well below that associated with an outright purchase, but that needs to be considered case-by-case.

That’s idiotic. It’s not like advancing tech renders your car immobile.

Occasionally leasing can work out better for low volume cars but Musk isn’t giving any deals.

They are only operational because they have a lot of capital from being meme stock. They are a good luxury car company if you can afford repairs and early replacement. Which does speak to the advantages of leases for an unreliable car. https://insideevs.com/news/731559/tesla-least-reliable-used-car-brands/

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I do not believe Tesla allows lease buyouts at the end of the lease - you have to return to Tesla.

That would be classic Musk. Use an artificially low residual value leading to high lease payments relative to what they should be then sell it used for a premium.

Ha, they announced a retroactive change to this policy literally yesterday.

Have a Tesla now, will never buy another one again.

Tell us more. This would be good information.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It almost never makes sense to lease a car.

Except in the case of EVs. The tech is changing so rapidly that you may well want to replace/upgrade sooner than you otherwise might want to. A lease also gives you an easy out if it turns out that the tech doesn't suit you. And, if you do like the vehicle and the residual value justifies it, you retain the option to buy the vehicle at the end of the lease term. Sometimes leasing incentives also bring the total cost of ownership well below that associated with an outright purchase, but that needs to be considered case-by-case.

That’s idiotic. It’s not like advancing tech renders your car immobile.

Occasionally leasing can work out better for low volume cars but Musk isn’t giving any deals.

They are only operational because they have a lot of capital from being meme stock. They are a good luxury car company if you can afford repairs and early replacement. Which does speak to the advantages of leases for an unreliable car. https://insideevs.com/news/731559/tesla-least-reliable-used-car-brands/

+1

It might though. What if there’s some new battery/charging technology that comes out that makes it impossible to charge your car except for at home? Sure you can still drive your car but you won’t be able to go on any road trips with it

[Anonymous]

Anonymous wrote:We are thinking of purchasing another Tesla and have previously purchased one. However, with the uncertainty of the pricing and the fact that used values go down because new models are being discounted every day because of improvements in their assembly lines and their commitment to lowering costs, does it make sense to lease one rather than purchase? What are everyone's thoughts?

This is not the reason the price of Teslas are falling. They cut prices because of competition. There are better EVs that are less expensive vs Tesla. Tesla’s technology is out of date. Many of the Tesla buyers have bought from other manufacturers and like the newer EVs from different manufacturers better.

[Anonymous]

Tesla recently reduced prices on several of its electric vehicle models primarily due to slowing sales, increasing competition from other EV manufacturers, and a desire to stimulate demand in a market where sales were declining, particularly in key regions like China and Europe; this strategy is often referred to as a "price war" to regain market share

[Anonymous]

tariffs on china evs will save tesla us market

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I do not believe Tesla allows lease buyouts at the end of the lease - you have to return to Tesla.

That would be classic Musk. Use an artificially low residual value leading to high lease payments relative to what they should be then sell it used for a premium.

Ha, they announced a retroactive change to this policy literally yesterday.

Have a Tesla now, will never buy another one again.

Tell us more. This would be good information.

Every piece of the car is the cheapest materials and parts you could find. The car squeaks and creaks like crazy. I feel like I’m driving a golf cart as I can hear everything while driving and the suspension is awful.

I’m tired of the extreme minimalism. I’m tired that there’s been barely any updates since my model 3 was announced like 8 years ago. Im tired of the extreme price cuts that make my vehicle extremely underwater to an extent never seen before by any other vehicle manufacturer. I’m tired of the Tesla fanboys defending every wrong move the company makes. I’m tired of Elon.