It depends on several different variables. I only lease because the math makes more sense that way. I don't put on a lot of miles and I always talk down on price. If your lease costs and your residual together are lower than sticker price than you're still saving money. It's like buying it, but with the option to give it back in 2 or 3 years if you'd rather have the latest model.
Thank you, Brett A Mansfield > On Mar 21, 2015, at 10:10 AM, 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.
