Tesla lease buyout

[coffeeabhi]

13 hours ago, csrcsr said:

Ok it will be taxes on the car minus what we paid in the lease got the math , 

So basically if u get 7500 credit no brainer

If you are not getting 7500credit for whatever reason lease approach will help you to get 7500 and you pay interest as opposed to 0% still better than paying full 51

To decide whether to lease or buy, usage also matters. If your annual usage is < 15k miles, you can go for lease. Otherwise, its better to buy as there will be 25c per mile penalty for extra miles. Some people drive Teslas 100-150 miles a day, for them buying is best! EVs have life upto even a million miles in the first 7-8 years without much battery degradation. While gas cars can last upto 200k miles over a period of 15 years..

And for Teslas, the tires should be changed every 20k-25k miles, which costs ~$1500. You may have to spend $1500-$3000 just on tires before you return the car in a lease.