#1 cleantech news, reviews, & analysis site in world. Support our work today. The future is now.


Autonomous Vehicles

Published on May 29th, 2019 | by Vijay Govindan

0

Tesla Model 3 Business Lease In Germany Should Send Chills Down Audi, BMW, & Mercedes Spines

May 29th, 2019 by  


Recently, we found out the German Tesla website introduced business leasing for the Model 3. Here is an example from the Tesla site. Congrats for those of you wanting a business lease in Germany!

Figure 1: Pay only part of the full price with a low down payment and low monthly installments for the duration of your lease contract. At the end of the term, you return the vehicle. Fields include deposit, annual kilometers, and running time.

With a downpayment of 4,548€ for a Standard Range Plus, here are the monthly payments by term:

Running Time 10,000 km 15,000 km 20,000 km 25,000 km
24 months 735 € mtl. 735 € mtl. 754 € mtl. 773 € mtl.
36 months 575 € mtl. 587 € mtl. 599 € mtl. 612 € mtl.
48 months 493 € mtl. 502 € mtl. 511 € mtl. 538 € mtl.

Figure 2: Tesla German business lease amounts by annual kilometers. For an extra 40€ a month, you can get an extra 15,000 km a year (go from 10K km to 25K km). Switching to a 48 month lease from 24 months can result in lease savings of more than 30%. These prices do not include VAT.

Model 3 vs German Competition

Let’s compare the Model 3 Standard Range Plus with popular premium German vehicles, such as the Mercedes-Benz C300, Audi A4, and BMW 330i base models. All comparisons have a 4,548 € deposit, 48 month term, and 25,000 km lease.

Model SR+ 330i Audi A4 C300
Leasing payment 538 € mtl. 509 € mtl. 411 € mtl. 508 € mtl.

Figure 3: Lease payments for Tesla and German competitors.

Tesla is price competitive. That’s impressive, considering the car needs to be transported from California and pay import duties. It does not take into account all vehicles having feature parity (or better) or the superior fuel efficiency of the Model 3. When both are considered, the Model 3 SR+ is an excellent value. Remember my previous articles, it is better to pay cash, then purchase, then lease in most countries. A business lease may have other advantages over a full cash or monthly purchase.

For the ease of using the website: Tesla is first, Audi second, BMW third, and the Mercedes-Benz site took me 30 minutes to figure out a lease price. Mercedes-Benz, your German site is way too complicated and very slow. Perhaps it is user error for a non-native German speaker. Perhaps not.

 A Cool Observation

I have noticed Tesla integrating more Tesla Energy products into the buying process. I have seen it on the Tesla app, and now I observed it on the German website. This is a great way to drive sales and interest across Tesla Energy. For many dreaming of a lifestyle minimizing Co2 and pollution, solar panels and a Powerwall charging your Tesla vehicles are the way to go.

Figure 4: Tesla advertising solar panels and Powerwall on the pay tab of the German site.

Tesla video included on the Tesla app as well.

Why a video that came out 1 year ago only has 28 likes is something I wonder about. You can access this page by scrolling from right to left on the main screen of the Tesla app. The bottom of the app includes a cool animation of using solar and a Powerwall to fuel your home.


Thank you to the six people who used my referral link to order a Tesla! If this article helps you decide to order a Tesla, take advantage of my Tesla referral link to get up to 1,000 free Supercharging miles. Here’s my code: ts.la/vijay59877

If someone else helped you more with your purchase, please use their referral code.

Disclaimer: I currently own Tesla shares. A recent discussion with $TSLAQQ folks confirmed they are more worried about Tesla’s finances and profit than advancing the world towards sustainable energy. I disagree with their approach. This article is my opinion and is not meant to be investment, financial, or car buying advice. Please see a properly licensed financial advisor to discuss investments. Follow me on Twitter @vijaygovindan17 or send me an email at vijay@importantmedia.org. 
 
Follow CleanTechnica on Google News.
It will make you happy & help you live in peace for the rest of your life.




Tags: , , , , , , , , , , , , , , , , , ,


About the Author

Vijay Govindan is a Cleantechnica writer part-time. Through his writing Vijay seeks to elevate the realized potential of humankind. Against human trafficking. Tesla Model 3 LR owner. His claim to fame is Tesla and Elon have commented, liked or re-tweeted an article he wrote with the Tesla community. Just once. ;) https://cleantechnica.com/2019/06/23/our-new-tesla-myths-page/ #WeChooseTesla, #RenewableEnergy and #YangGang supporter. Long Tesla shares. Has a healthy skepticism of the Q branch of the Tesla investment community. Made it to one $tslaq block list. Follow him on Twitter @vijaygovindan17. If you read this far, wow, 👏🏽 and 🙏🏽.



Back to Top ↑