The Canadian lease interest rate is 6.85% currently on model X / S. Perhaps in the near future they will bring to the model 3, but unless you can write off the lease best to finance at half that rate. Seems they may be discouraging leasing.
I really think it doesn't make sense to lease if you really believe in tesla long term. They have said they want the cars back after leases (ie. No buy out). The way I see it, I'll be able to send my car out to earn me money with the robotaxi network down the road and make back any money I put into the car to own it with financing
That would be great, but let's be serious. Robotaxis are very unlikely to be allowed in Canada in the next 5-10 years even if the tech catches up. We can't even use summon unless we are 3 feet from the car, so making the leap to cars driving around picking people up with nobody in them is a bit of a stretch. Even if tesla gets all that stuff working, having the tech and being allowed to use it on public roads are 2 separate things.
I leased mine, a friend owns a leasing company and did a 4yr for my SR plus here in Montreal I may do a lease transfer and get a dual motor... A lot of people don’t want to commit to a long finance, personally I wouldn’t want to finance anything longer then the warranty period.
I would also love to know the status on Model 3 leases. I don't like committing to a car beyond 4-5 years. But yikes, 6.85% interest rate is absurd. If it's actually that high then that's terrible.
Unfortunately the car has to stay registered in quebec for 4 yrs if not the 8k rebate has to be paid back
