Tesla model 3 P lease or buy?

Tesla model 3 P lease or buy?

Author
Discussion

jimbouk

Original Poster:

430 posts

194 months

Wednesday 4th December 2019
quotequote all
Yes I am the OP with the hydrogen car, I’ve sipped the koolaid....

Now I need a Tesla model 3 too, what’s the smart money doing buying outright or leasing? Would be looking to keep it 3 years and do 45k miles, will be taking advantage of the forthcoming bik rates, cash is earning next to nothing and available in the company,

Would normally buy, but what are thoughts on residuals? Will technology have drastically moved forward, making the current offering old hat?

Leasing removes the financial risk (hence leasing the Nexo) but don’t like paying for that option if it’s not needed.

jimbouk

Original Poster:

430 posts

194 months

Wednesday 4th December 2019
quotequote all
But what happens if a new govt gets in the next 3 years and says nasty rich capitalists with Tesla’s should not get tax breaks anymore and the the bik rates revert to 16% or maybe 50%....

jimbouk

Original Poster:

430 posts

194 months

Friday 13th December 2019
quotequote all
Thanks for the advice, looks like the lease deal is going to win this time.
Will check that I’ll have a fully functional app first though.