I see a lot of lease vs. buy threads on the forum but not many lease + buy out versus finance threads. I'm trying to think through leasing versus financing of a Model X, and the idea of leasing for 3 years to see if I like the car and then having the option to either return it or buy it out seems very attractive to me. The alternative is financing it for 72 months @ 2.5% APR.
If I lease the car, is the buy out cost calculated at the beginning of the lease or is the market value at the end of the lease? And how is the buy out cost calculated? For example leasing might still protect me from 3 years of high inflation if the buy out cost is calculated at year 0 instead of year 3.
Anything I'm missing here? Thanks!
If I lease the car, is the buy out cost calculated at the beginning of the lease or is the market value at the end of the lease? And how is the buy out cost calculated? For example leasing might still protect me from 3 years of high inflation if the buy out cost is calculated at year 0 instead of year 3.
Anything I'm missing here? Thanks!