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Model 3 Lease Available

tesla.com

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Re: Model 3 Lease Available

#41

Post by mandeepj »

reitzensteinm wrote: post #25
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…

This is just the 50 kWh Model S, rinse and repeat. Get the positive PR for launching the low cost version, attempt to sell as few as possible, then take it off the menu.

> This is just the 50 kWh Model S

Musk was upfront about this

https://twitter.com/elonmusk/status/845279423238590464?lang=...

Re: Model 3 Lease Available

#43

Post by jakobegger »

WillPostForFood wrote: post #28
Animats wrote: post #6

Earlier quoted context omitted.

Oh, come on. Reality: it's a price increase. "Model 3 Standard Plus used to cost $37,500, plus $3,000 for the Autopilot option. It now costs $39,500, with Autopilot included." No $35,000 Tesla.

* it's a price increase. "Model 3 Standard Plus used to cost $37,500, plus $3,000 for the Autopilot option. It now costs $39,500, with Autopilot included."* $37,500 + $3,000 = $40,500. Isn't that a price decrease if the price is now $39,500?

Not if a significant fraction of buyers decided to skip autopilot after seeing Youtube videos of AP driving into stationary objects.

Keep in mind that Tesla just started selling lower priced models in the US. Buyers of the base models are much more cost concious, so I assume that a lot of them would forego the AP option.

Re: Model 3 Lease Available

#44

Post by reitzensteinm »

reasonablemann wrote: post #20
AndrewBissell wrote: post #5

With no financing partner in place this is a major cash-negative move for Tesla. Some shorts have been predicting Musk would do this to try and clear out inventory and improve demand optics before filing for bankruptcy. https://twitter.com/whistlerian1834/status/10965848934824632...

Ridiculous argument that Tesla wouldn't be able to offload the leases and receive cash up front.

Lease partners won't give you 100% of the value of the vehicle up front, especially not with vehicles that have uncertain depreciation because the EV space is so new.

So depending on the margin, Tesla could absolutely be in a position where building an SR+ Model 3 and leasing it is cash flow negative (over the first 180 days, so once suppliers are paid).

But it's unlikely to be worse than leaving the factory idle, so if that's the lever they need to pull for the demand to be there, it's a no brainer. And they can always raise more money at their current lofty valuation, so cashflow negative isn't necessarily the end of the world.

Re: Model 3 Lease Available

#45

Post by xeromal »

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?

Lots of leases have down payments.

Re: Model 3 Lease Available

#46

Post by maxdo »

if tesla 3 with all that pricing failed to lure customers, then 3 or 4k will not help them at all. It's very sad but looks like nothing going to save Tesla. With this level of income, their valuation is a bubble.

Re: Model 3 Lease Available

#47

Post by xkcd-sucks »

bob_theslob646 wrote: post #35

What's incredibly interesting is that you are required to put a minimum of a $3000 dollar down payment. What was also interesting is that you forgo your right to buy back the car if you lease it, which is also odd.

Doesn't that make it a rental instead of a lease

Re: Model 3 Lease Available

#48

Post by reitzensteinm »

mandeepj wrote: post #41
reitzensteinm wrote: post #25

Earlier quoted context omitted.

This is just the 50 kWh Model S, rinse and repeat. Get the positive PR for launching the low cost version, attempt to sell as few as possible, then take it off the menu.

> This is just the 50 kWh Model S Musk was upfront about this https://twitter.com/elonmusk/status/845279423238590464?lang=...

I don't understand how your link is at all relevant to my comment.

Re: Model 3 Lease Available

#49

Post by smt88 »

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…

The deceit is disappointing for most companies people are excited about.

For a car maker, especially one with a reckless autonomous driving strategy, deceit can be homicidal.

Re: Model 3 Lease Available

#50

Post by tpowell »

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.

I don’t understand why they refuse to at least add forward-facing LIDAR. Lane paint sabotage, low-contrast lighting situations and construction are just a few risks that make me nervous to trust autopilot at highway speeds. I say this as someone that is bullish on autonomous driving and in awe of Tesla in general.
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