Tesla model Y lease shows up with no buyout option

[Just another man]

This lease deal is hilariously beneficial for Tesla.

You pay them $4500 for the privilege to pay $500 a month to drive the car.

Then you will turn it back over to them, so they can use it in their fleet to earn extremely high margin revenue for Tesla.

Alternatively - you buy on loan, and use it in the robofleet to earn you money...

 

Plus, $512/mo with $4500 down and only 10k miles a year is ludicrous.

 

That price doesn't include the 1125 destination fee, 75 doc fee, local registration costs, or sales tax.

For me that adds another 2k, plus 45/ month sales tax.

 

I'm a believer in leasing for some business owners at times…. but not for Tesla. They really make it very unattractive.

 

100% - they want to maintain high demand so they can pump out every single Model Y off the line and not have them sitting around

The lease strategy is a fantastic way for them to put out a few hundred thousand cars over 2-3 years that will come back into their ownership by the time they hope the network is ready

 

To all complaining about no buyout:

Hardly anyone buys out their lease they just give it back at the end and get a new model. If you’re planning on buying it then just long term finance instead.

And really the buyout price is usually more than you can find the same user car in the open market for.

[JW Insider]

2 hours ago, Michael Krewson said:

And really the buyout price is usually more than you can find the same user car in the open market for.

But you might pay a bit more for the advantage in knowing just how well the car was maintained, how carefully it was driven, etc. Right? You know and trust the "previous" owner, because it was you.