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Any good 3rd party leasing options for model 3?

coolmanfever

Member
Dec 1, 2019
540
478
toronto
Hello All,

I just placed a reservation for the model 3 SR+ and paid the deposit. According to the sale rep, Tesla only sell or finance model 3 directly to customer. Tesla does not do direct leasing.

I have enough cash to buy model 3 directly so I do not need to finance the car. However, I am a business owner and can write off monthly cost of leasing. I would like to consider the option of leasing instead of paying car up front if financially makes more sense.

Is there any good 3rd party leasing options for model 3? or is it just better to buy the car with cash since 3rd party leasing company would charge extra fee? I am based in Toronto.

Thank you.
 

Alex_San

Member
Aug 26, 2019
11
12
Toronto
Vehicles in respect of which an incentive is paid under the new federal Incentive for Zero-Emission Vehicles Program will be ineligible for the 100-per-cent write-off.

So does this mean that if you get the $5000 incentive for SR+ you can't write it off?
 

Biscuitman

Member
Oct 22, 2019
303
145
Ottawa
Vehicles in respect of which an incentive is paid under the new federal Incentive for Zero-Emission Vehicles Program will be ineligible for the 100-per-cent write-off.

So does this mean that if you get the $5000 incentive for SR+ you can't write it off?
Better speak to your tax preparer, this is new territory for everyone . I got nothing in the way of incentives , so am looking for 100% right off on my LR M3
 

Ocelot

Member
Jul 2, 2012
879
1,314
Canada
Reading the tax write off, it does not explicitly say “new vehicle” but I presume as it’s an incentive to switch to electric it needs to be new?
 

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