that's what I mean the lease works even with higher income limit, not sure if you can put $0 down but interest rate is pretty high so that might make things worse if actually leasing (and not doing lease hack)
yes, especially if you aren't eligible for the direct $7500 rebate due to income....still could possibly drop further like the rest of the auto market (2024 F150s now getting down to about 15k off for xlts)
True it is getting back close to 2019 pre-covid numbers but prices and discounts are also heading back to reality (Heavy discounts on trucks especially)…..inventory surpluses are becoming the norm again as well
tough call, I was looking at the same....right now $1600 off some 2024 inventory v full price for 2025
while it likely makes no difference in the vehicle (although some pointed out that fit and finish has improved) you will get more on trade-in in the future.....$1600 is small compared to other...
With the 2025s eligible for tax credit and the auto market as terrible as it is I’m not surprised, other teslas typically are discounted a bit in inventory so why not CT….plus referral credit went down too
Other full size trucks are discounted 10k plus now, even f150 raptors that are limited...
that was my concern too, is the initial tax baked into the monthly payments (where you would not get taxed twice) or is it included in the downpayment......to play it safe you almost would want to do $0 downpayment and then pay whatever tax is required on the buyout amount.
based on the wording of the contract that is posted they do allow it.
I also just confirmed that NJ does allow tax credit for trade in as long as the dealer uses the "Total lease payment method" and not the "Original purchase price method" to calculate sales tax
I also forgot another wild card partly because i have never leased….not sure how sales tax is when you trade in…I have a $38k trade in that I own outright and would reduce the total sales taxable amount, not sure if that applies here or not given that it is a lease……that can be a sizeable amount...
Thanks, this clears it up
So the cost in this scenario would be:
(a) the adjusted lease balance (adjusted capitalized cost of $65,235 - depreciation for each month) plus the purchase option fee ($150) in section 14
(b) any related sales tax, tags, reg, etc….we are required to pay (likely...
Pretty sure that is the case
I agree that the tax subsidies (and especially loopholes for leasing) are not a good thing for the country…..but for the buyer not bad at all and might as well take advantage if you can
Seeing these numbers really makes the lease attractive, keep the money in an index fund and at the end of the lease can see where the market is regarding buying out or not or can buy out early and pay less than if you purchased outright……normally I would never lease but the 7500 loopholes...
I wonder if they can also pass on the $7500 credit that should be applicable with the lease (it is the commercial credit loophole)….then this would be a great deal