I ran the numbers through several different calculators and leasing seems to be a better option.
SR+ with Purchase price of $42,000, $4,500 down, 36 months, 10k miles is around $430
I don't buy Model 3 would hold a residual value of 65%+ after 5 years. With model Y and Truck coming out within next 3 years along with all other brands coming out with their own EVs. And I don't think people would want to purchase SR+ after 3 or 5 years (degraded battery, less miles...)
So I'm thinking leasing it for about 3 years and see what comes then.
And advice?
SR+ with Purchase price of $42,000, $4,500 down, 36 months, 10k miles is around $430
I don't buy Model 3 would hold a residual value of 65%+ after 5 years. With model Y and Truck coming out within next 3 years along with all other brands coming out with their own EVs. And I don't think people would want to purchase SR+ after 3 or 5 years (degraded battery, less miles...)
So I'm thinking leasing it for about 3 years and see what comes then.
And advice?