Tesla Motors Club
I have driven a c300 Mercedes for about 21 years. Every three years, I return my Mercedes and get a new one.
My lease end is approaching and I am considering a Tesla Model 3 versus a Mercedes C300 Coupe. The sticker on the Tesla is about $40,000. The sticker on the Mercedes is about $51,000.
Yet, with $2,500 down, the payment on the Tesla is $595, and the Mercedes is $625. I have always been told the general rule of thumb that on a 3 year lease, $1000 decreases the payment by $30 a month. In this case, there is a $30 difference in the lease price, and an $11,000 difference in the sticker prices.
Question: Are Model 3 leases too expensive given the price of the car? Why?
Thanks in advance.
My lease end is approaching and I am considering a Tesla Model 3 versus a Mercedes C300 Coupe. The sticker on the Tesla is about $40,000. The sticker on the Mercedes is about $51,000.
Yet, with $2,500 down, the payment on the Tesla is $595, and the Mercedes is $625. I have always been told the general rule of thumb that on a 3 year lease, $1000 decreases the payment by $30 a month. In this case, there is a $30 difference in the lease price, and an $11,000 difference in the sticker prices.
Question: Are Model 3 leases too expensive given the price of the car? Why?
Thanks in advance.