Tesla is already getting to work trying to move more Tesla Model 3s from factories to customer homes before the end of the year. It sent out a new mailer a couple of hours ago offering what is truly a super low monthly leasing price — “for now.” The monthly … [continued]
In this article, I explain that Tesla has dropped its lease pricing so much that it costs the same to lease a Tesla Model 3 as a Toyota Corolla! Comparison of Buying the BMW 3 Series, Toyota Corolla, and Tesla Model 3 with a Loan I wanted to include this … [continued]
For this piece, I will use the information on Tesla’s website to determine if paying cash, taking a loan, or leasing is the best option if you want a Tesla Model 3 Standard Range Plus (SR+). The twist here is I did these calculations for Switzerland, Norway, the Netherlands, China, and the UK. These were some of the most popular markets for Tesla in Q1 2019. I added in the UK, since it has been suffering for 3 years and deserves some attention.
I haven’t seen an announcement, but noticed on Twitter people talking about a $399 per month lease on a Tesla Model 3! Comparing the old deal to the new deal, the down payment required has gone up by $1,500, from $3,000 to $4,500, but the monthly payment has gone down from $504 a month to $399 a month. That more than makes up for the higher down payment — $105 times 36 months is $3,780, and subtracting the $1,500 increase in down payment brings you to $2,280 in savings).
