Never thought I would consider leasing a car, but it’s about my girlfriend. She is self-employed and has currently a VW Polo (2006) with 250.000km and a couple of issues (heating and air conditiong doesn’t work anymore and some wierd noises with the front right wheel). We came to the conclusion that it’s not worth anymore spending xxxx CHF on repairing it, so she needs a new car. She drives 140km/day and probably around 36.000km/year. We thought about 2 options:
A) Buying a used car for ~20k with 2 years of warranty left.
B) Leasing a Tesla Model 3 for 5 years without a first downpayment and without intent of keeping it afterwards.
As her father owns the block, there wouldn’t be an issue for installing the 530 CHF Wall Charger from Tesla. Which would give her the ability to charge it at home during the night (0.09 CHF per kWh). The Tesla Model 3 Dual Range in black including 8 tires costs 59’180 CHF. Leasing rate would be 760 CHF per month (40.000km/year). Warranty of battery/motor up to 8 years or 200.000km, so covered for the planned 5 years of driving it. So I made the following calculations, assuming she drives 180.000-200.000km in 5 years:
A) Buying a used BMW 1 for 20k and selling it afterwards for 7k will result in a value losing of 217 CHF per month. Gas will cost her 240 CHF per month. Insurance/tax 150 CHF per month. Tires, services and possibly some repairs 150 CHF per month. As she is self-employed she’ll be able to reduce her taxable income with all these costs, resulting in net costs of 80% or 605 CHF net per month.
B) Leasing the Tesla for 760 CHF per month. Charging it for 60 CHF per month. Insurance/tax 150 CHF per month aswell. Basically no service needed, just replacing tires after 2 years, so expexted 100 CHF per month. In total 855 CHF net per month.
We did a testdrive yesterday and this car is just amazing. It’s way above something like a BMW 1 or Mercedes A-class in my opinion. Probably closer to a BMW M3 or Mercedes C-class. So it’s not really a 1:1 car comparison but rather just a comparison of costs and if it makes sense.
Here is a good review if you care to watch: https://youtu.be/kbulCM90w8w
So what do you guys think? Would it make sense to lease the Tesla?