Visual
Well-known member
Thanks for the clarification! Then leasing does seem like a good option - especially to have the peace of mind of being able to turn the keys over at the end of it as opposed to worrying about resale values (especially if battery tech improves significantly in the meantime).
Michael, don't forget that though you're paying only 2.9% vs 4.9 for the lease, the 2.9% is on the ENTIRE purchase cost, so you're paying extra interest over the lease - which is fine if the numbers work out in the end (total cost of ownership for the number of years you keep the car), but its cash out of pocket.
Amit
Michael, don't forget that though you're paying only 2.9% vs 4.9 for the lease, the 2.9% is on the ENTIRE purchase cost, so you're paying extra interest over the lease - which is fine if the numbers work out in the end (total cost of ownership for the number of years you keep the car), but its cash out of pocket.
Amit