Tesla Model 3 vs Model Y in Hawaii?

Ask the Hackrs Buy/Finance
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Hello all,

I’m currently debating between a Tesla Model 3 and a Model Y to finance in Hawaii. My decision is largely influenced by the potential equity retention in a year or two as I plan on selling it, or at least have that option.

While I’m leaning towards the Model 3 due to its lower MSRP and resultant lower monthly payments, I’m curious if the Model Y could potentially hold its value better and offer a better return when sold.

One of the reasons I am considering tesla is their price tag is consistent and they are readily available. No need for additional shipping fee and wait time of 2-4 weeks

I’d appreciate any thoughts, experiences, or data you might have. Thanks in advance!

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I see no reason to assume a better TCO with the Y, so go with the 3.

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Captain America Lol GIF by mtv

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I’d get the Y on the islands.

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Lol I meant what you see on their site is what you pay. dealerships here throw wild numbers at you.

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Agree. Y has more utility and price difference isn’t significant.

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You are saying that because it is a bigger vehicle and therefore better on the island?

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I could be wrong on this but once the new M3 comes out, I was expecting a lower demand for the older ones

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Who knows what will happen but I wouldn’t expect either to hold their value as your base case. Way too many of them, other competitors in the market now and too much government money being thrown at them.

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Probably depends on how much cost cutting they do

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Bingo. Same with the fed money. Once that’s gone, are people still willing to buy the base model 3 at 40k with no other incentive?

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If you needed a large vehicle, I doubt you would have asked about a 3 in the first place.

Bigger for the sake of being bigger :-1:t2:

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I’d say keep the Lexus, get the Y if you qualify for all incentives and HUI the hell out of it :joy: @Half-ez

EDIT: That was somebody else with the Lexus :joy:

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At least that one doesnt have a scheduled sunset for another decade.

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I actually reached out to VW dealership and they provided the following numbers. This is my first attempt at this so I could use all your guidance here. Here are the numbers:

LEASE DETAILS

CAP COST - $ 40,290.00

DEAL CONTRIBUTIONS - ($ 7,500.00)

Acquisition Fee - $699

License Fee - $650

Doc Fee - $395.00

State inspection - $ 25.00

FEES - $ 1,769.00

ADJUSTED CAP COST
$ 34.912.40

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IMG_3090703×411 48.3 KB

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I would want a AWD vehicle in Hawaii. Not just for rain, but beach/light off-roading.

So it would be a Y.

Having said that, I can’t imagine driving that much in Hawaii where the additional EV/Hybrid costs offset the added expense.

But I’ve only gone as a tourist.

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Isn’t Model 3 the size of a BMW 3 series? I would consider one but I’m not stooping down to get into a vehicle that small. I have a hard enough time getting into my son’s 328i.

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To be honest, there is not much off roads/beach driving in Oahu, at least not where I live. Other islands definitely.

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Model 3 might actually be lower than a 3 series.

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