Under A Year Left On My 2018 S75D Lease...

[mrbulk]

...and I am kinda torn, mainly because although I still love my car and there is nothing wrong with it, the Model Y looks a bit tempting plus I already have a low-number reservation for my real lust-inducing object, a Cybertruck Tri-motor.

But the lease expires too early - in March of 2021 or about 10 more months - so I will be left without a Tesla for maybe a year before the CT becomes available (I am around number 4,000 in line if the sequencing theory on CT reservation numbers is accurate) and I don't want to get a Model Y for only a year (would lose my A$$ big-time selling after just one year) ...

I guess I could just pay off the residual on my S75D next March (about $52,500) and sell it a year later when the CT comes available? Although I might still lose money ... but at least it has EAP so the FSD upgrade for me if I kept the car would just be $4000 rather than $7000...and I've only driven it a total of 16,500 miles over the past two years including two long distance (Vegas to Reno) Supercharging trips (yeah I'm old and retired) so the car was hardly driven.

So what do you folks think I should do?

Thanks in advance for any ideas...

 

[AMPd]

You can extend the lease another 6 months and see what the status of the CT is at that time.

 

[mrbulk]

You can extend the lease another 6 months and see what the status of the CT is at that time.

Hmmm, TOTALLY did not know that! So Tesla will extend my lease for 6 months? Is it only in 6-month increments, or can I go three months, or nine months, or...?

And thanks for providing me with at least one alternative.

 

[mrbulk]

...in fact if Tesla could extend my lease for a year (till March 2022) with an early-out clause if I buy another new Tesla, that would create the Perfect World for me, automotively at least.

 

[croman]

Very brave or foolhardy to take a very early production Tesla. Especially one so vastly different and experimental. No way Tesla nails this when their demo even failed with the window.

Now I've got a reservation too and I think eventually it will be the best option but give them at least 6 months of churning out mistakes before you toss your hat into the ring. So maybe you'll want to budget more time that you (or Tesla) thinks before deliveries of something a real consumer would want begins.

 

[mrbulk]

Very brave or foolhardy to take a very early production Tesla. Especially one so vastly different and experimental. No way Tesla nails this when their demo even failed with the window.

Now I've got a reservation too and I think eventually it will be the best option but give them at least 6 months of churning out mistakes before you toss your hat into the ring. So maybe you'll want to budget more time that you (or Tesla) thinks before deliveries of something a real consumer would want begins.

Hmmm, how much time do they allow a buyer to "delay" delivery? Like what some did on their Model 3 reservations for varying reasons.

 

[AMPd]

Hmmm, TOTALLY did not know that! So Tesla will extend my lease for 6 months? Is it only in 6-month increments, or can I go three months, or nine months, or...?

And thanks for providing me with at least one alternative.

It’s a month to month extension, 6 months max.

 

[FrunkLover]

I just went through (...continuing to go through) a similar mental exercise, except my timeline is sooner, July this year. Several here helped me go through the pros/cons. Ideally I'd get a Y, but am also concerned about early production models. Plus, I don't know how this virus will impact delivery, quality, etc. CT seems to have extra hurdles, since it is 100% new (vs. the Y being based on the 3), and I just read it may be re designed a bit.