Leasing a Tesla? Here's What Happens When You Turn It In

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Published 2024-06-25
These are some things to look out for when turning in a lease on a Tesla.
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All Comments (21)
  • @Gjeebs
    Since he liked Tesla so much I suggested he look at a 22+ Model 3/Y used private sale. Private sale in AZ you don't have to pay sales tax and the new RYZN chip means updates will be coming for years to come. Also you don't have to buy a used private sale car in AZ. It can be anywhere in the US.
  • Paid $27k to drive the car for 18k miles. I paid $11k more and i keep my 2024 MYP. Crazy to lease
  • @miked3058
    Just did a 2021 MYLR lease turn in. If you lease another vehicle with Tesla they will give to $500 off the damage fees. They will also waive the lease return fee whatever that is called. I leased a 2024 MYP.
  • If you loved the car like you said you did, it's a no brainer....get the 24 m3 long range with the 7500 tax break....jeez you spend 22k to lease and get nothing when you can spend 37k and own da biatch
  • @CHITECHGUY
    When your guest said the Hyundai ionic practically given away, I looked it up out of curiosity to see. Those things brand new are $46k with 260 mile range. A Tesla model 3 SR+ new is $38,990 with 272 mile range. Unless it’s an area difference, not sure but I would totally stick with Tesla hands down!
  • @JohnMiller08
    This video came at the right time. I was looking at Model 3’s over the weekend and the highland has such good lease deals. But then I found a 2023 Model 3 Performance with white interior for $31k so… trying to decide what to do as well
  • @Ems00837
    Stop pissing away your money just buy it
  • Cadillac lyriq if he leaves Tesla. We need a review of the lyriq Gjeebs (not your grandpapis Caddy)!
  • @Riverrain123
    tell him to checkout the new model 3! its amazing
  • @MechayaAlta
    For a second around town runabout, a lease return Bolt or Leaf can’t be beat for less than $20 K. Depreciation on these cars is terrible for the first owners. We live in the Pacnw, and have a Leaf for town use and an Outback for road trips.
  • They charge for repairs, but they resale it with the same damage "as is". I just bought a used tesla coming from a lease, with scratches and damages, good deal but I guess because I accepted the tesla as it was. Got a tesla model 3 2021 with 28 tousand miles under 25k dollars. At he end after 4k tax credit savings, car ended up being 20500 +sales tax + registration +500 order fee.
  • @Lost_In_LA
    The dings were reasonably priced. I get wanting to try a new car brand but it’s such a great time for a Model 3 with the refresh this year.
  • unable to find the Rivian deal that was described. I checked California zip code and phoenix zip code with no luck
  • @gdunton1
    Thank you. I leased a 2024 Model 3 and it’s the first time ever leased. I also work from home so similar use. Did he still get some money back? In VA if the rear bumper damage was from someone else I’d have used my uninsured motorist coverage which has $200 ded if they are unknown and it would not effect my rates. Was not aware you might get money back?
  • @sarim4
    used tesla model 3's have crazy good deals rn
  • @Selimnai
    Stay with the Tesla. The software difference is emense, between a Tesla and and other BEVs.
  • Was replacing my MYP lease with M3R lease. I had error after error in the app to get pay off. I was then sent a bill of about 4K for wear and tear. Bad, bad customer support availability . It's a fatal attraction. I want to do everything to support Tesla but they make it so difficult
  • @jans6993
    0 down and $99 a month on a new Nissan Leaf. 0 down $270 a month on Nissan Aryia Evolve. (Denver)
  • @johnj2803
    Will leasing the rivian first then paying for it be wise if you do not qualify for the credit?
  • @gonzorvf
    Another important factor on lease cost is insurance. The times I’ve leased they require a very high limit insurance so it ends up costing 50-70% more than insuring a regular financed car, that’s when I understood it was better to buy because the payment + insurance when financing was almost the same as the lower payment when leasing + more expensive insurance.