My impression wasn’t that OP was looking to buy a new car every three years. If leasing forces them to do that, then that’s an added cost of leasing. The appropriate apples to apples is total cost of revolving leases vs owning over ten years if that’s the OP’s desire. Purchasing can involve paying cash rather than high loan/lease rate. (Again, not familiar enough with Tesla leases to know if large down payment will avoid interest costs; I suspect not, but don’t know).All other fees are equivalent to purchasing a new car every three years. Now you may not choose to purchase a new car every three years but then the comparison is no longer apples to apples.I had in mind registration and title fees also, which start to add up if repeated every few years, as well as money factor. Gap insurance if relevant/desired. Etc.“A lot of costs” =Yes, Tesla might pass through the 7500 but they’ll also pass through (and create) a lot of costs for the lease that you might not have for a purchase.
$695 Acquisition fee
$395 Disposition fee
But I’m not at all familiar with Tesla leases as it’s not a car I’d want. I’m just suggesting looking at the costs in addition to the subsidy.
Although I guess at the same time leasing provides some downside protection if you end up with a vehicle assembled with the use of soap, so there’s that.
Statistics: Posted by Pdxnative — Sun Apr 21, 2024 5:25 pm — Replies 18 — Views 829