[ogre_codes]

Teslas are still pretty new, but generally speaking leasing them is not a great choice. The terms are fine, but financially you are better off buying one and selling it after 3 years. They tend to hold their price a lot better than a Mercedes or a BMW.

[jillesvangurp]

That makes them a great choice for lease companies. Lease companies are popular for company cars in e.g. the Netherlands and the UK. EV adoption in that market is very high because of this reason. I agree it makes less sense for private ownership; though the lack of hassle associated with ownership is worth something to some people as well.

Fully charged recently did an episode on second hand value of EVs. Basically, lease cars are sold in auctions and they indeed hold their value amazingly well. Most EVs produced since 2012 are still on the road and are still very decent value.

[ogre_codes]

There are definitely reasons leasing is appealing, dealing with trade ins and resale can be a big headache.

I tend to hang onto vehicles for 7+ years regardless so it’s not a big issue here.