Model 3 Highland Performance/Plaid Speculation [Car announced 04.23.2024]

[jjrandorin]

That quote wasn’t from me was it? I never said you don’t pay depreciation on a lease. I said that it is irrelevant how much the car is actually worth after a few years because they automatically take it back without even giving you the opportunity to buy it.

Leasing is simply a bet on depreciation. You are betting that the leasing company has overvalued their car and they are betting that you have undervalued it.

You are always paying depreciation on a lease. You are just hoping that they have underestimated that depreciation for this particular car.

your actual quote was "a lease makes all this irrelevant" and "all this" in that context was the depreciation discussion. Anyway, this is pretty off target to the thread, so I wont be commenting on depreciation in this thread any more.