Tesla M3 - Cash / Contract Purchase / Hire Purchase

[ThMo0118]

I have a current lease ending in March 2020 and I am close to pulling the plug on a Tesla Model 3.

What is everyone's thoughts on the three different ways that Tesla offer to finance the car - any personal experiences and/or recommendations?

Any advice would be much appreciated. I have knowledge of the different financing methods generally which is not a problem, it is just whether one is particularly advantageous here.

Many thanks!

T

[ThMo0118]

Dave Hedgehog said:

M3P @ 51k, using Tesla's 4yr value at £23,750

50% deposit for out right purchase, or to cover the lease/pcp/hp deposit and banking the rest

taking the total payments and deducting any deposit left and asset left i came up with this

lease (3/48 10kmiles @£590) - £7000 (some lease companies are happy to take over your car when u have a vin allocated
Tesla PCP (assuming car handback zero value @ 48 months) - £14000
Tesla HP (highest monthly + 5 year) - £24,000
Purchase (25k loan @2.9% over 4yrs) - £29,000


this is approx of course

Edited by Dave Hedgehog on Wednesday 4th September 11:36

Hi mate - excuse my stupidity, do you mean to say that a lease company will take over my current lease once I had a Tesla vehicle allocated? Do you have names of any companies?

[ThMo0118]

HalcyonRichard said:

Availability may be a problem but this is hard to beat on cost grounds and conveinience

https://www.evezy.co.uk/

monthly cost monthly commitment hand it back any time ALL costs covered

Insurance
Breakdown cover
Wear & Tear
Service & Repair
Charging

M3 from £599/month

Yeah weighing up costs although 599 is steep, is a complete no brainer when everything is included