Good if you want a new car every (lease term).
Josh Luthman Office: 937-552-2340 Direct: 937-552-2343 1100 Wayne St Suite 1337 Troy, OH 45373 On Sat, Mar 21, 2015 at 12:10 PM, Josh Reynolds <[email protected]> wrote: > Who is leasing vehicles in 2015? Wasn't this a proven bad idea > mathematically as soon as vehicle leasing became "a thing"? > > On March 21, 2015 7:54:38 AM AKDT, Travis Johnson <[email protected]> wrote: >> >> Hi, >> >> Here is a question... if Tesla has such a great car and company (winning >> Consumer Reports car of the year, two years in a row), why is their >> lease rate so bad? Can they not find a leasing company that is confident >> in their cars? >> >> 36 month lease on a $115,420 car requires $7,141 down and is still >> $1,446 per month. That's puts the residual close to 50% after 36 >> months, which is extremely low. Chevy trucks are around 58%, and some >> cars like the Honda Accord are closer to 65%. I have done a BMW lease on >> a 535d (MSRP of $70,000) for 36 months with $0 down that was $670/month. >> That's close to 65% residual after 3 years. >> >> It would seem people are not confident in the Tesla vehicles, which are >> "software upgradeable". I wonder what the issue is? >> >> Travis >> >> > -- > Sent from my Android device with K-9 Mail. Please excuse my brevity. >
