What's better? Thinking of leasing model y. Looks like Tesla including $7500 credit in lease now and has no income limit. Monthly price looks decent. Worried about buying due to the following reasons: - continued price drops - falling rates but can't refinance - don't quality for $7500 government credit. Family TC too high. TC 330k
Let someone with lower TC in your family buy it then transfer ownership. Lease is for suckers unless it's your employer paying.
After doing the math, I leased a Tesla model y
Lease then buy out
Biggest downside of tesla lease is you can't buy it out, but you can just buy a used Tesla afterwards and it's the same thing I guess
Isnāt lease throwing away money, afaik there is no buy out option for Y.
It's renting a car š¤· that's not throwing money away imo. A car is depreciating property so it's not something I care very much to own. People buy a car and it's worth like 1/3 of what you bought it in 5 years. Tesla price drops made that depreciation even worse.
Donāt get either terrible car
The way Tesla continues to attract buyers for its clearly inferior products is just mind boggling.
They are stylish cars and model Y is well priced with cool tech.
1) Model S is stylish. 3 and Y have become so commonplace that they look more faded than stylish. 2) Cool tech in Model Y is more or less available in other cars except may be the fart sounds. 3) Within 1-2 years, Ride quality and interior (main things that should matter for a car imo) will make you long for better cars priced in similar range. There is a reason why Tesla cars especially Y are reviewed poorly these days (model s is an exception as always). 4) Tesla EPA ranges are notably overblown and are comically coming down at the same time. 5) Major advantage that Tesla cars have over others is supercharging network which is going to be useful mainly long drives. At the same time, using EVs for road trips is a bad idea that will lose its sheen after 1-2 drives.
Donāt lease a Tesla. They hold their value longer, have less maintenance required, and keep their original charge decently well after some time. My criteria for leasing is usually unreliable/high maintenance cars like BMW/Range rover where the depreciation hits harder much faster.
Don't think Tesla been holding value well at all actually. People buying Model Y for 60k back in March 2023 now offered 40k to sell lol.
Some data on model 3 https://www.reddit.com/r/TeslaLounge/s/gOFlwAnOv9
Not giving Musk money is better
Liberal tears š
Get a Rivian R1S or a Kia EV9
No self driving
why not buy gas suv