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

[Anonymous]

Anonymous wrote:

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

More importantly, what if nuclear war strikes?

Why would everyone go to extreme expense to destroy existing charging infrastructure just to stop getting charging fees from you?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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

More importantly, what if nuclear war strikes?

Why would everyone go to extreme expense to destroy existing charging infrastructure just to stop getting charging fees from you?

Apparently charging infrastructure is very creaky and they tend to break often, so if it is deprecated charging they very well may sunset it

That said, isn’t there a standard coupler now agreed to?? I really doubt any break through will change things so fast that a car won’t make it to 10-15 years. They still make Betamax tape machines for hecks sake.

[Anonymous]

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

This is what I always believed but the one year lease and residual buyout cost for our EV was lower than the cash price including dealer incentives, price matching etc. The loophole for the federal tax credit is a big part of this.

[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?

Just stop trolling.
1. Tesla's are not "committing to lowering costs" or "improvements in the assembly line"

You can not be this stupid.

Their reliability sucks.

Buying another Tesla means you literally are stupid financially.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Stop. Reconsider one's life and then purchase a non-Tesla EV.

This.

+2 Also, just saw in the politics forum that they are one of the most deadly vehicles.

[Anonymous]

Anonymous wrote:

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

This is what I always believed but the one year lease and residual buyout cost for our EV was lower than the cash price including dealer incentives, price matching etc. The loophole for the federal tax credit is a big part of this.

could you elaborate? does it apply to all EVs or tesla only? would it still make sense for a 3-year lease?

[Anonymous]

Prices will be rising, so I’d buy now.

[Anonymous]

Anonymous wrote:Stop. Reconsider one's life and then purchase a non-Tesla EV.

What's wrong with buying another Tesla?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Stop. Reconsider one's life and then purchase a non-Tesla EV.

What's wrong with buying another Tesla?

Not this pp, but I would not give that man one cent.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Stop. Reconsider one's life and then purchase a non-Tesla EV.

What's wrong with buying another Tesla?

Not this pp, but I would not give that man one cent.

What the heck are you talking about? It’s a car!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Stop. Reconsider one's life and then purchase a non-Tesla EV.

This.

+2 Also, just saw in the politics forum that they are one of the most deadly vehicles.

This is wildly untrue. Teslas are extremely safe.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Stop. Reconsider one's life and then purchase a non-Tesla EV.

What's wrong with buying another Tesla?

Not this pp, but I would not give that man one cent.

What the heck are you talking about? It’s a car!

You’re not a bright one are you?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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

This is what I always believed but the one year lease and residual buyout cost for our EV was lower than the cash price including dealer incentives, price matching etc. The loophole for the federal tax credit is a big part of this.

could you elaborate? does it apply to all EVs or tesla only? would it still make sense for a 3-year lease?

I would look at other EV’s. Tesla was the leader because the other manufacturers did not want to compete. The other manufacturers know how to build quality cars, have years of engineering expertise and EVs are a lot easier to build.

As for the lease of other EVs yes. Hyundai has a 3 year leases on ioniq 5 for like $11,500(total for 3 years deposit and all payments). That’s $4k down and $209 a month. That’s about $3800 a year!
Volvo who does not qualify for the tax break if bought does qualify it with a lease. The dealers will lease you the car, receive the $7,500 tax break, you buy the care after three month and the deal counts your payment, tax break, etc towards the price you negotiate. Basically it cost you nothing(you pay the same amount of money for the car) but you receive the tax break. I am sure other dealers are doing this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Stop. Reconsider one's life and then purchase a non-Tesla EV.

tesla are the best we are set on it, the other ones are at least 5-8 years behind

Not sure where you're getting that misinformation, but have fun with your Cybertruck. Hopefully somebody keys it soon.

Good luck trying to key a cyber truck, but Tesla is the only brand that will be around in the next few years, especially after the next administration pulls the plug on the silly EV subsidies because Tesla has made major strides in not needing any federal help by bringing down costs.

Doubtful. But enjoy your hitler mobile.

It’s sad pathetic how much you hate our environment, you climate-change denying loser!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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

This is what I always believed but the one year lease and residual buyout cost for our EV was lower than the cash price including dealer incentives, price matching etc. The loophole for the federal tax credit is a big part of this.

could you elaborate? does it apply to all EVs or tesla only? would it still make sense for a 3-year lease?

The federal tax credit for EVs phases out at higher income levels for purchases but not leases.