Tesla buying options.
Discussion
I'm looking at getting a MY long range dual motor, as I currently have a 2008 BMW E60 520d. My reasons for wanting to change are I need something more reliable hence wanting something newer, I'm keen to get into an EV as it will just be a daily as I have my E46 M3 for when I need something interesting to drive. The reason for the MY is I like the idea of the space, and the mrs wants something a bit higher up. While my E60 is still going strong on 150,000 miles it's getting to the age where something constantly needs replacing and as I say I just need something reliable.
There are a few options I have, so looking for any opinions or experiences if you've done the same.
- I have the salary sacrifice through work - everything covered at around £500 with a 16 week wait - likely longer as they get their cars direct from Tesla upon ordering.
- Tesla direct order - wait is looking like feb-march 27.
- Buy Tesla approved used - prices seem to be higher over other used but you do get the 1 year extra warranty.
- Octopus do a scheme where they sell off their previously leased cars, comes with insurance/ home charger etc.
- buying used - I'd be looking to spend around £25k and would like less than 40,000 miles. It's also very hard to know what's a good one as I'd want one in grey with black interior and there's plenty to choose from. Not really like a normal search for a car where options/ specs massively come into it lol. So is there anything I need to be looking for?
I've always purchased cars outright which is what makes be dubious about leasing as it just seems mad to spend that amount of money over 3 years and have nothing at the end of it. But I do get the hassle free driving and everything being included. Plus with salary sacrifice the tax benefits as I do currently pay 40% tax.
I'm not a fan of the wait times as personally I just hate waiting for things!!
But is buying a used MY sensible, due to potential depreciation and if anything goes wrong it's big money.
Any advice will be helpful as I'm torn. Realistically the only other EV I may be interested in is some form of BMW or a polestar - but they both seem more expensive - especially leasing than a Tesla. Haven't massively looked into buying private.
Thanks in advance.
There are a few options I have, so looking for any opinions or experiences if you've done the same.
- I have the salary sacrifice through work - everything covered at around £500 with a 16 week wait - likely longer as they get their cars direct from Tesla upon ordering.
- Tesla direct order - wait is looking like feb-march 27.
- Buy Tesla approved used - prices seem to be higher over other used but you do get the 1 year extra warranty.
- Octopus do a scheme where they sell off their previously leased cars, comes with insurance/ home charger etc.
- buying used - I'd be looking to spend around £25k and would like less than 40,000 miles. It's also very hard to know what's a good one as I'd want one in grey with black interior and there's plenty to choose from. Not really like a normal search for a car where options/ specs massively come into it lol. So is there anything I need to be looking for?
I've always purchased cars outright which is what makes be dubious about leasing as it just seems mad to spend that amount of money over 3 years and have nothing at the end of it. But I do get the hassle free driving and everything being included. Plus with salary sacrifice the tax benefits as I do currently pay 40% tax.
I'm not a fan of the wait times as personally I just hate waiting for things!!
But is buying a used MY sensible, due to potential depreciation and if anything goes wrong it's big money.
Any advice will be helpful as I'm torn. Realistically the only other EV I may be interested in is some form of BMW or a polestar - but they both seem more expensive - especially leasing than a Tesla. Haven't massively looked into buying private.
Thanks in advance.
A lot of ex-lease Teslas go directly into the Tesla approved used scheme, instead of eg going to BCA Auction. Whether its simply the relationship/agreement with some lease firms, or they have the ability to interrogate the (for example) service history and other car health indicators and choose, I don't know.
Any specific reason you want the long range dual motor?
Only reason i ask is that the standard rwd models drive very well and have ample performance for everyday driving, could save yourself a few quid thats all.
Having recently jumped on the lease bandwagon i can see the arguments for and against so it depends on your finances and lifestyle.
They do seem to be a decent second hand buy a few years old and the battery life looks to be very good.
Only reason i ask is that the standard rwd models drive very well and have ample performance for everyday driving, could save yourself a few quid thats all.
Having recently jumped on the lease bandwagon i can see the arguments for and against so it depends on your finances and lifestyle.
They do seem to be a decent second hand buy a few years old and the battery life looks to be very good.
I have a 2022 Model Y LR but I have ordered the new version.
Current car was paid for in cash (well cash & loan), new one will be PCH through Tesla. In terms of depreciation and running costs (currently £70/month average that includes tyres and other bits), it's pretty close between my current car and the PCH costs of the new one.
I could keep the current Y for longer which will make the car cheaper per month as the depreciation evens out, but to be brutally honest, the rode quality is awful (20" wheels) and it just scraped through the last MOT at 70k miles, don't wanna run the gauntlet again with that. Luckily, I get an allowance from work and 55p a mile so the costs are covered.
If I was you, I'd test drive both the new and old Y and then work out whether the cost of a new one (salary sacrifice or PCH) is worth it over a cheaper yet older model. For me, it's a yes, but I can understand either opinion.
Current car was paid for in cash (well cash & loan), new one will be PCH through Tesla. In terms of depreciation and running costs (currently £70/month average that includes tyres and other bits), it's pretty close between my current car and the PCH costs of the new one.
I could keep the current Y for longer which will make the car cheaper per month as the depreciation evens out, but to be brutally honest, the rode quality is awful (20" wheels) and it just scraped through the last MOT at 70k miles, don't wanna run the gauntlet again with that. Luckily, I get an allowance from work and 55p a mile so the costs are covered.
If I was you, I'd test drive both the new and old Y and then work out whether the cost of a new one (salary sacrifice or PCH) is worth it over a cheaper yet older model. For me, it's a yes, but I can understand either opinion.
andrew-6xade said:
I have a 2022 Model Y LR but I have ordered the new version.
Current car was paid for in cash (well cash & loan), new one will be PCH through Tesla. In terms of depreciation and running costs (currently £70/month average that includes tyres and other bits), it's pretty close between my current car and the PCH costs of the new one.
I could keep the current Y for longer which will make the car cheaper per month as the depreciation evens out, but to be brutally honest, the rode quality is awful (20" wheels) and it just scraped through the last MOT at 70k miles, don't wanna run the gauntlet again with that. Luckily, I get an allowance from work and 55p a mile so the costs are covered.
If I was you, I'd test drive both the new and old Y and then work out whether the cost of a new one (salary sacrifice or PCH) is worth it over a cheaper yet older model. For me, it's a yes, but I can understand either opinion.
Interesting, how did a 4 year old car just ‘scrape’ through a mot at 70k miles? Current car was paid for in cash (well cash & loan), new one will be PCH through Tesla. In terms of depreciation and running costs (currently £70/month average that includes tyres and other bits), it's pretty close between my current car and the PCH costs of the new one.
I could keep the current Y for longer which will make the car cheaper per month as the depreciation evens out, but to be brutally honest, the rode quality is awful (20" wheels) and it just scraped through the last MOT at 70k miles, don't wanna run the gauntlet again with that. Luckily, I get an allowance from work and 55p a mile so the costs are covered.
If I was you, I'd test drive both the new and old Y and then work out whether the cost of a new one (salary sacrifice or PCH) is worth it over a cheaper yet older model. For me, it's a yes, but I can understand either opinion.
Jazoli said:
andrew-6xade said:
I have a 2022 Model Y LR but I have ordered the new version.
Current car was paid for in cash (well cash & loan), new one will be PCH through Tesla. In terms of depreciation and running costs (currently £70/month average that includes tyres and other bits), it's pretty close between my current car and the PCH costs of the new one.
I could keep the current Y for longer which will make the car cheaper per month as the depreciation evens out, but to be brutally honest, the rode quality is awful (20" wheels) and it just scraped through the last MOT at 70k miles, don't wanna run the gauntlet again with that. Luckily, I get an allowance from work and 55p a mile so the costs are covered.
If I was you, I'd test drive both the new and old Y and then work out whether the cost of a new one (salary sacrifice or PCH) is worth it over a cheaper yet older model. For me, it's a yes, but I can understand either opinion.
Interesting, how did a 4 year old car just scrape through a mot at 70k miles? Current car was paid for in cash (well cash & loan), new one will be PCH through Tesla. In terms of depreciation and running costs (currently £70/month average that includes tyres and other bits), it's pretty close between my current car and the PCH costs of the new one.
I could keep the current Y for longer which will make the car cheaper per month as the depreciation evens out, but to be brutally honest, the rode quality is awful (20" wheels) and it just scraped through the last MOT at 70k miles, don't wanna run the gauntlet again with that. Luckily, I get an allowance from work and 55p a mile so the costs are covered.
If I was you, I'd test drive both the new and old Y and then work out whether the cost of a new one (salary sacrifice or PCH) is worth it over a cheaper yet older model. For me, it's a yes, but I can understand either opinion.
Mine had £2k worth of warranty work at <50k miles and needs more rear suspension work (knuckles) doing now.
Edited by andrew-6xade on Sunday 25th October 16:08
Interesting about yours on £70k and suspension made of chocolate.
I would go for salary sacrifice the wait is just what puts me off - maybe I'm too impatient.
Long range preference comes from wanting the performance and the longer range. Tbh I don't NEED the longer range, my work is 5 miles away and other regular trips I do are around a 60 mile trip so the RWD would do that fine. Will start looking at those to I think, I do want the pan roof don't know if all teslas come with the pan roof of that era. I did test drive a new RWD MY and that got me looking into teslas. And tbh the RWD was enough just thought if buying and long range is budget that would be the one.
I would go for salary sacrifice the wait is just what puts me off - maybe I'm too impatient.
Long range preference comes from wanting the performance and the longer range. Tbh I don't NEED the longer range, my work is 5 miles away and other regular trips I do are around a 60 mile trip so the RWD would do that fine. Will start looking at those to I think, I do want the pan roof don't know if all teslas come with the pan roof of that era. I did test drive a new RWD MY and that got me looking into teslas. And tbh the RWD was enough just thought if buying and long range is budget that would be the one.
The 2 year PCH lease deals on the basic Model 3 RWD are excellent. Some people who got the car through lex have managed to extend the deal to 3 years and/or increase the mileage limit resulting in significant savings over the initial monthly price.
The lead time to get the car might however be a stumbling block for you
The lead time to get the car might however be a stumbling block for you
Edited by Terzo123 on Sunday 25th October 18:39
I bought an ex lease model 3 in July from here
https://www.powerlease.co.uk/used-cars/tesla
they were conveniently local and sell loads of teslas
If you're in no rush, then you can keep an eye on their stock and if something comes up that you like then you can reserve it for £100 on autotrader
https://www.powerlease.co.uk/used-cars/tesla
they were conveniently local and sell loads of teslas
If you're in no rush, then you can keep an eye on their stock and if something comes up that you like then you can reserve it for £100 on autotrader
Brad Smith said:
Interesting about yours on £70k and suspension made of chocolate.
I would go for salary sacrifice the wait is just what puts me off - maybe I'm too impatient.
Long range preference comes from wanting the performance and the longer range. Tbh I don't NEED the longer range, my work is 5 miles away and other regular trips I do are around a 60 mile trip so the RWD would do that fine. Will start looking at those to I think, I do want the pan roof don't know if all teslas come with the pan roof of that era. I did test drive a new RWD MY and that got me looking into teslas. And tbh the RWD was enough just thought if buying and long range is budget that would be the one.
The suspension issues are pretty common for early Model Ys. The components aren't great and wear very early.I would go for salary sacrifice the wait is just what puts me off - maybe I'm too impatient.
Long range preference comes from wanting the performance and the longer range. Tbh I don't NEED the longer range, my work is 5 miles away and other regular trips I do are around a 60 mile trip so the RWD would do that fine. Will start looking at those to I think, I do want the pan roof don't know if all teslas come with the pan roof of that era. I did test drive a new RWD MY and that got me looking into teslas. And tbh the RWD was enough just thought if buying and long range is budget that would be the one.
Terzo123 said:
The 2 year PCH lease deals on the basic Model 3 RWD are excellent. Some people who got the car through lex have managed to extend the deal to 3 years and/or increase the mileage limit resulting in significant savings over the initial monthly price.
The lead time to get the car me however be a stumbling block for you
Think that boat has gone though and Mrs wants a bigger car. But yeah the wait time is annoying. The lead time to get the car me however be a stumbling block for you
spikeyhead said:
I bought an ex lease model 3 in July from here
https://www.powerlease.co.uk/used-cars/tesla
they were conveniently local and sell loads of teslas
If you're in no rush, then you can keep an eye on their stock and if something comes up that you like then you can reserve it for £100 on autotrader
Will defo take a look. Thank you. https://www.powerlease.co.uk/used-cars/tesla
they were conveniently local and sell loads of teslas
If you're in no rush, then you can keep an eye on their stock and if something comes up that you like then you can reserve it for £100 on autotrader
spikeyhead said:
I bought an ex lease model 3 in July from here
https://www.powerlease.co.uk/used-cars/tesla
they were conveniently local and sell loads of teslas
If you're in no rush, then you can keep an eye on their stock and if something comes up that you like then you can reserve it for £100 on autotrader
Would be interested in your experience with them as they’re one dealer I’m keeping an eye on for a Tesla - thanks in advance?https://www.powerlease.co.uk/used-cars/tesla
they were conveniently local and sell loads of teslas
If you're in no rush, then you can keep an eye on their stock and if something comes up that you like then you can reserve it for £100 on autotrader
Apologies to OP for going off topic.
acme said:
spikeyhead said:
I bought an ex lease model 3 in July from here
https://www.powerlease.co.uk/used-cars/tesla
they were conveniently local and sell loads of teslas
If you're in no rush, then you can keep an eye on their stock and if something comes up that you like then you can reserve it for £100 on autotrader
Would be interested in your experience with them as they re one dealer I m keeping an eye on for a Tesla - thanks in advance?https://www.powerlease.co.uk/used-cars/tesla
they were conveniently local and sell loads of teslas
If you're in no rush, then you can keep an eye on their stock and if something comes up that you like then you can reserve it for £100 on autotrader
Apologies to OP for going off topic.
The didn't have a long range available when I first phoned them, but had a test drive in a standard model 3 first, just to make sure it was comfortable enough to drive.
It was, so I kept an eye out on their website then bagsied the first long range dual motor that came up using Autotrader as outlined above. No hassle purchase, nothing has gone wrong with the car so I've no idea how they are should that happen.
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