Your advice appreciated!

[Jumper]

Hey community!


I could use your advice.


I have a 2016 Model S (June, post-facelift, pre-AP2) on a 3 year lease that expires in (you guessed it), June 2019.


I like my car a lot, but am not sure what to do come end-of-lease.


Do I:

1. Lease into whatever new Model S hotness is on the market come June ‘19?
2. Buy my own car outright?
3. Buy a Model 3?
4. Buy some other muggle car and fondly remember my 3 year midlife “Wizard” crisis?

Thanks for your intuition gang.

 

[brkaus]

They increase the residual by $7500 due to the tax credit. It saves you n the lease payments, but Makes it unlikely that a buy-out would be a good deal.

 

[trace]

It all depends on what you want. Do you want AP2 or eventually full self driving? If so upgrade, else if you like it and there's no range issues keep the car.

 

[David29]

I face the same question, but 9 months from now. In my opinion, you are way ahead of yourself. The options may change by the time you need to make a decision. More EVs will be available, the tax rebates may change and will likely be reduced, the market value of used Model S cars will adjust to the availability of Model 3, etc. Relax for now, enjoy your Model S, and try not to think too much about it for another 6-9 months, at least!