If it’s just a city car and you’re budget conscious, get a bolt lease. Otherwise. You can’t go wrong w the Tesla.
Here’s a pic of mine. This is as base as an SR+ gets (free paint/black interior/aero wheels). I had a Bolt hack from Jan I transferred for a $2k profit. I wanted to stay electric for a work commute I do where there is a Tesla supercharger in the middle. It’s a really fun car to drive and overall a much better EV than a Bolt, but the Bolt value still can’t be matched.
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Wow that is a long time! have you been approved yet and now just waiting for letter?
“Letter” is delivered through e-mail, unless you opt out for a mailed paper approval packet (don’t recommend it though) Mine took about a month-but I had submitted all paperwork and watched all videos in the same 2 hrs I applied… if you delay documents, it adds to the wait times too.
Thank you… Can’t wait!
Same here, finished the application within 2 hours and submitted all required docs. Still, it’s been 6 weeks still not a word.
Wait, you submitted application for a lease and Tesla has not provided the result (approved / declined) for 6 weeks?!
That’s really a long time. I got approved from ICE manufacturers in a day. Also, what “required” documents do they need?
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Haha, no-he is referring to the CVAP grant application for $5,000 
Oooh… my bad. 
Does anyone know how Tesla calculates their leases currently?
Do they have a residual and MF set across the board or does it vary by region? Do they calculate based off MSRP or selling price?
Any current data points on model 3 lease structure?
Doesn’t directly answer your questions, but this Tesla lease calculator helps.
https://www.tesla.com/support/tesla-leasing
There’s no zip code entry so I think the rates are national. You can see the RV/MF effects of different trims/models using the same msrp on different models/trims. Leasing remains not the way to go on a Tesla.
You enter the delivery zip code and it adjusts it for various local taxes.
Additionally the MF and residual may vary by packages.
I still cant tell if the residual is based off selling price or msrp.
Get lease worksheet from your Tesla Sales Advisor from the store. It’s based on “vehicle price”.
I have to say the lease is pretty bad, though. MF is 0.002375 with RV of 57% (36/12). Might as well finance it.
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Even with a minor carfax you will always beat the RV set by USB on a Model 3 or Model Y. MS, MX are a little more questionable but are still relatively strong.
RV is based on selling price iirc too. Makes it even worse when you have a discounted car.
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There was a brief window in time where that wasn’t the case and USB was not happy with Tesla over it.
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Nice car! hope your enjoying it.
how’s the drive on it compared to the other EV on the market today?
still not sure if I can pull the trigger for an all electric vehicle.
Not sure with with M3 or MY, but the worksheet Tesla gave me for Model X (white exteriro, no FSD) show this:
1). Finance (72 months): $1,272 / month ($3K down)
2). Lease (36/12): $1,273 / month ($3K down)
So seems that finance is a better approach.
As for RV, again, not sure how it goes but the Model S have been dropping in price, which in turn will affect resale value:
2018: $96,000
1/2019: $93,000
2/2019: $83,000
3/2019: $86,000
6/2019: $80,000
5/2020: $75,000
10/2020: $72,000 -> $69,420
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I am very happy with it thus far. I haven’t driven any other EV-(I’ve never ever test drove any of my previously owned cars either). Compared to my '17 Hellcat-it is quicker at launch and I drive it in SPORT mode all the time, so handling has been superb. The AUTO PILOT is a great feature-I use it all the time and car handles very well while in AP. Didn’t feel the itch for the FULL AP at $8,000 upgrade as of yet, so sticking with the basic AP features.
I only charge it at Superchargers $0.19-$0.22 per kwh, so 250 miles cost me roughly $10 which is still 3 times cheaper than a gas car (they gave me 1000 miles of FREE charging) or EvGo network chargers will have $1,000 card sent to me for FREE, at home would be a lot cheaper-but live in an apartment so no way to charge at home at $0.04/kwh plugged in once at a FREE Volta charging station-but it is slow to charge and 2 hrs maybe gain 50 miles of charge… so, all in all very satisfied with it and plan to get the Cybertruck when it comes out in 2021/22
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