Maybe they’re expecting more down for your auto/FICO history? Only thing I can think of…
These cars just don’t lease that well.
That or you input a certain monthly you wanted to be at, so to meet that amount the system wants X dollar amount down? That’s my only thought, but these cars are just poor to lease. If you’re really really in love with the vehicle, maybe finance.
I have had friends who put 20k down on their Tesla’s and thought they were being smart… seems to be normal/expected to fork over ton of cash on these vehicles
How much do these cars even last usually? If they can last significantly longer than a gas vehicle, then buying one used would just make more sense financially. Seams like the program is set up to take advantage of lessors, no?
These leases are closed end meaning that you can’t buy it out at the end. Effectively it doesn’t matter how long they last. Given the build quality issues, they should be an arm and a leg out of warranty but that’s my completely uninformed opinion. If you like it, you can finance it under much more reasonable terms than a lease.
Paying a premium for tesla vehicles. Not even worth it.
Damn joke. More people driving the car for status symbols than it being electric. People who can afford to pay $750 a month for a model Y “deal” can afford $2.78 a gallon for gas.
As much fun as it would be to do the usual “Tesla build quality is awful” route that so many of us want to say on posts like this… let’s maybe stick to just helping OP out.
As much as that itch is dying to be scratched by myself too.
Try to
Do you qualify for any tax credits/incentives? That would maybe allow financing to make more sense
Totally agree, so you can spend basically the same amount of money on a used one and actually have an asset you can sell again or trade for something else? Didn’t know about the high cost of repair out of warranty though… that’s crazy. How the hell are EVs supposed to launch us into the future if we can’t afford them lol. I agree with what @Traderx said. Status symbol, nothing more.
No sales tax in NJ. And I agree with the lot of you. Financing would make more sense with these. However, giving the type of vehicle, I wouldn’t see myself wanting to own this for more than 3-4 years.
