Tusker Model 3 Highland Prices....

[wow400]

I've got a 2yr old M3 via the company Tusker scheme (on a 24 month lease) which is up for renewal.
They have just got the 2024 'Highland' model on their website and for exactly the same duration / mileage colour / spec (LR AWD, Black/Black, 18" std wheels, no extras) works out at £3984 extra over the 24 month lease period (£166 extra per month).
Does that sound right?

 

[Burley]

Presumably interest rates are higher for leasing than they were two years ago? Probably explains most of the increase you're seeing I would have thought. I doubt it's Highland related..

 

[MrT3]

Interest rates and vehicle valuation at the end of the term have both gone against you over the last 24 months. If your scheme also includes insurance then that too will have contributed to the increase.

 

[wow400]

Aah, like a muppet I forgot about the interest rates!
Yes, it includes insurance too so that doesn't help.
Thanks for the replies

 

[Bouba]

Just seen my first ever Highland in the flesh here in France

 

[ringi]

Unlikely Tesla will give lease companies good deals until backlog of 'Highland' demand fullfilled.

What will they change to extend your existing lease?