I'm new to the Tesla and EV world and have my eye on a Tesla Model 3 SR+. I'm doing my best over here to understand basic leasing costs but running into issues as my situation is probably a little more unique than a typical lease. I'm trying to find out what the TOTAL cost will be to lease a SR+, 10K miles a year with white exterior, black interior, standard wheels and no self driving in California with a tax rate of 7.95%. I really wish Tesla let you see the full lease cost details before you pay the $100 non-refundable deposit. The best that I could come up, based on different online calculators is this: $354 a month x 36 = $12,744 +$5,000 down payment = $17,744 +$454 in up front tax (7.95%) = $18,199 + $538 California license, title, registration fees = $18,736 + 695 acquisition fee =$19,431 grand total over three years Is this math even remotely right or did I double count anything? IF that math above is correct then I'm look at a very cheap lease thanks to: $19,431 grand total -$1,500 California Fuel Reward (Done at time of lease) = $17,931 -$5,000 for Clean Vehicle Assistance Program Grant (Done at time of lease) =$12,931 -$4,500 for California Clean Vehicle Rebate (including an increased rebate, done after sale) =$8,431 -$4,088 trade in (as estimated today) =$4,343 out of pocket costs or $120 a month. Am I doing anything wrong or, God help us, right when it comes to the math above?
If I’m not mistaken the CVRP is 2k not 4,500. As for the 5k grant, I believe it is for low-income applicants.
Low/Mid income also qualified for increase CVRP rebate up to $4500 max. Also not specified in the post, OP probably belongs to that group.