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Lease transfer - $8000

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mjia

New Member
Jul 2, 2022
1
0
Canada
I'm looking to get a model 3. There is a current leasee looking to transfer their lease on a 2021 base model RWD model 3, and while they did not make any downpayment on the car, Canadian government incentives were still available at the time and their monthly payments are $625 after tax, with three years left on the lease. They're asking for a cash incentive, and will cost me about $8000 after lease transfer fees.

Opinions? Thanks!
 
Do your math/logic depending on your details. How much does it cost to lease a new one today? Compare that with your additional DP 8000/36 = $222/month + DP opportunity cost.

Do you need/want the car now or you can wait for the new 2023 model?

Why is your seller transferring the lease? Knowing that might give you an idea how much you can negotiate.

Personally without doing the math I feel that you are paying to get the car immediately. A new lease would only be giving you a brand new car, but not be saving you money given higher APR and price.