Hi Everyone
I have reserved a model 3 and plan on leasing it for 3 years. I have never leased a car before always paid cash but when I ran the math of roughly a $70k model 3 (guess at a ludicrous cost) I would come out ahead when I factor in 100% business expense... compared to buying it cash.
The question I have is in the past I drive roughly 15k to 20k miles a year and that at the high end put me at 60k after 3 years.
Now I wondered what would happen with the 50k mile warranty and after calling Tesla they said I would be on my own for the last 10k more or get a extended warranty just for the last 10k miles.
I understand the miles over 15k will cost .25 a mile. I still come out ahead compared to my 14 miles to the gallon CTS-V...
Any other ideas on what I could / should do?
Risk the last miles or get the warranty but sound like a waste of money...
Thank you
I have reserved a model 3 and plan on leasing it for 3 years. I have never leased a car before always paid cash but when I ran the math of roughly a $70k model 3 (guess at a ludicrous cost) I would come out ahead when I factor in 100% business expense... compared to buying it cash.
The question I have is in the past I drive roughly 15k to 20k miles a year and that at the high end put me at 60k after 3 years.
Now I wondered what would happen with the 50k mile warranty and after calling Tesla they said I would be on my own for the last 10k more or get a extended warranty just for the last 10k miles.
I understand the miles over 15k will cost .25 a mile. I still come out ahead compared to my 14 miles to the gallon CTS-V...
Any other ideas on what I could / should do?
Risk the last miles or get the warranty but sound like a waste of money...
Thank you