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Model 3 Lease Available

tesla.com

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Re: Model 3 Lease Available

#31

Post by AndrewBissell »

abtinf wrote: post #23
hhs wrote: post #9

According to the website, it looks like a Model 3 base (i.e., with Standard Plus Rear-Wheel Drive; Solid Black Paint; 18" Aero Wheels; All Black Partial Premium Interior; Autopilot) would have a purchase price of $39,500. This would have an estimated lease payment of $504/month, with $3,000 down, 36 months, 10,000 miles. And then estimated savings would be added depending on one's respective EV state rebates. At the…

What is the reasoning to put money down on an auto loan or lease?

To stave off a Tesla bankruptcy for another 2 weeks or so?

Re: Model 3 Lease Available

#32

Post by jakobegger »

I assume this means that the promised 35k Model 3 will never come to Europe, just as all the sceptics predicted.

I preordered a Model 3 on launch day, but I requested a refund when I saw that the car costs 60000€ instead of 35000€ to 40000€ that I had hoped for.

It's unfortunate -- I love the Model 3's minimalist interior design (judging from pictures) -- but this is not a car I can afford to buy right now.

Re: Model 3 Lease Available

#33

Post by AndrewBissell »

burlesona wrote: post #17
monochromatic wrote: post #15

Earlier quoted context omitted.

Why bother inflating the stock price before filing for bankruptcy? I don’t see the point.

It seems like it’s more about making the long-term forecast look better and getting rid of cash on hand which would otherwise be owed to creditors. Not saying I buy the argument, but that’s how I understand it.

Yes, and to not head to into bankruptcy with huge lots full of unsold inventory cars scattered about the country. Although I doubt that this leasing option will do much to move inventory.

Re: Model 3 Lease Available

#36

Post by Hypx »

jedberg wrote: post #29
AndrewBissell wrote: post #13

Earlier quoted context omitted.

It actually never existed, except as a configuration fee grab. There have been no confirmed sightings of a base $35K Model 3 with fabric interior and manual seat adjusters.

That's because they don't start shipping until this weekend.

From what I gather, no production of the $35K version was ever ordered. Therefore there could not have been anything to ship.

Re: Model 3 Lease Available

#37

Post by cjbprime »

hbcondo714 wrote: post #27

The HN profile of the user who posted this is "currently working at Tesla" Edit: removed my comment about insider information per the link provided in replies.

Huh? It's a public blog post on Tesla's website. It doesn't matter who posted it.

Re: Model 3 Lease Available

#38

Post by gaogao »

hbcondo714 wrote: post #27

The HN profile of the user who posted this is "currently working at Tesla" Edit: removed my comment about insider information per the link provided in replies.

Sharing a press release is absolutely not insider information. I don't know what you're getting at.

Re: Model 3 Lease Available

#39

Post by kylecordes »

ABeeSea wrote: post #16
samcampbell wrote: post #2

>> Please note, customers who choose leasing over owning will not have the option to purchase their car at the end of the lease, because with full autonomy coming in the future via an over-the-air software update, we plan to use those vehicles in the Tesla ride-hailing network.

There is no way any of these model 3s end up in an autonomous ride share. Especially with only cameras and no LIDAR. I guess it does give them cover for not offering the option to buy at the end of the lease. Wouldn’t be surprised if they reverse this in 2-3 years.

Sometimes I wonder if the much-ballyhooed short-sellers actually work in the Tesla marketing department :-)

I know that companies get a lot of flak for saying hedged things. But Tesla could really benefit from some hedging. This pronouncement in absolute terms that there will be no lease-end buyout is ridiculous. It depends entirely on future factors unknown today (to us or Tesla), whether they will give customers the option of buying out when the lease and actually arrives, and they know it.

So why not just say so? How about: “Tesla leases do not guarantee the right to buy-out at lease end, because we hope to use some of the after-lease cars for a future ride hailing network.”

Sure, it's a few more words to parse. But it would be one less thing for people to complain about. And it would be true and forthright. It is very good to be seen as true and forthright when asking customers to spend tens of thousands of dollars on something.

Re: Model 3 Lease Available

#40

Post by bob_theslob646 »

aerovistae wrote: post #8

Uh, wait. They're taking the Model 3 Standard off the menu....so.....that means the $35k version just got stopped? Sigh. It's a bit sad for me because I have been a bigger fanatic for this company than almost anyone, for maybe 9 years now, and my passion is fading. I recognize how hard the thing they're doing is, and how they're doing everything they can...but the repeated dishonesty is just very off-putting to me. I…

You have to call directly or go to a dealer to get access the standard one.

> "Given the popularity of the Standard Plus relative to the Standard, we have made the decision to simplify our production operations to better optimize cost, minimize complexity and streamline operations. As a result, Model 3 Standard will now be a software-limited version of the Standard Plus, and we are taking it off the online ordering menu, which just means that to get it, customers will need to call us or visit any one of the several hundred Tesla stores. "

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