I’ve test drove the ID.4 and Model Y recently, and at this price point I would absolutely recommend the Model Y for those that can wait until September to take delivery. The ID.4 is a nice car that I honestly have no complaints about except for feeling that performance is slightly lacking. It has a lot going for it, and I can see why OP would choose it. Voice controls and the lighting is cool, the stereo is adequate, and the driver assist features are functional. The overall driving experience isn’t amazing, but definitely above average for the brand and segment. There’s a certain premium for it being a brand new, trendy vehicle as well.
Still it’s absolutely mind-boggling how close they are to lease, even with an inflated chip shortage price increase of $3,000 on Model Y. I used Model 3 as an example since I didn’t think the Model Y Long Range All-Wheel Drive would compare so well. In fact, adding the $3,680 all-wheel drive option to an ID.4 at this lease structure would make it around $50/month more expensive than Model Y.
After taking a closer look at Tesla’s lease calculator, the due at signing amount oddly includes first month payment and a $695 acquisition fee. I’m going to assume taxes and fees are additional, but as far as fees are concerned we’re only adding registration.
A down payment of $2,305, which would make the amount DAS exclusive of first month’s payment an even $3,000, brings the monthly payment to $614/month. That adds 76 more miles of range in comparison and a 0-60 time that’s almost twice as quick. Additionally it includes premium audio, which isn’t an option on the ID.4, and Autopilot which is similar to ID.4’s driver assist suite but more capable.
For being advertised as “the people’s electric SUV,” I don’t see that reflected in the lease or finance payments.