It has tax benefits and reduced out of pocket expense. In the case of electric, we leased our Leaf since we knew better batteries would be here in 3 years.
Rory From: Af [mailto:[email protected]] On Behalf Of Josh Reynolds Sent: Saturday, March 21, 2015 9:10 AM To: [email protected] Subject: Re: [AFMUG] Tesla 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]<mailto:[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.
