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Options to bridge the gap to the M3 release

Options to bridge the gap to the M3 release

So I need a new car now...but that seems silly when I expect to get my model 3 in 2-3 years. I was curious what other people were doing to get around this problem. Leasing? Getting something used? Public transit? (not really an option for me)

Any thoughts appreciated.

CraigW | November 10, 2016

If you simply cannot wait, then considering a lease is reasonable. The real problem may be your driving habits. If you have any open-road trips in your future, you may find - after taking delivery of your Tesla - that you want to drive more miles/year than allowed under the lease.
As an open road car, the Tesla is competitive with anything ever made. With auto-pilot (even 2.0) the car simply cries out for long trips.
I put 60,000 miles on an early 60, driving all over the U.S. - fantastic.
I have put 25,000 miles on a 70D, driving all over the U.S. - even more fantastic.
Be careful of the mileage you accrue on your leased Tesla.

Rocky_H | November 10, 2016

Perhaps lets change this:
"So I need a new car now"

to this:
"So I need a ... car now"

If you want to lose the least amount of money, probably just buy a used car that's about 10+ years old and drive it for those 2-3 years and then sell it when you get the Model 3. A used car that old is already mostly depreciated, so it won't lose much value in a few years, so you'll get most of your money back when you sell it again.

cb500r | November 10, 2016

I would also go for a used car, with all necessary equipment.
I would search for a car below 10 000€, as this is the limit for many.
On the other side, I would go for a car with less than 8years age.
In my past I've read a statistic that the chance for a failure is doubled from 4 to 8 years.
Only as an example with world wide known car, you can go for a VW Golf VII for 10 000€ or a Ford Focus of same age. These cars are famous and you will for sure find someone who wants to buy it.
Except you have a 220kW-version like I do... not famous and hard to sell.

Calibrotha2000 | November 11, 2016

Yep I also cosign the used car route. Literally get something with great gas mileage and find a seller that is only selling to upgrade not because anything is wrong with the car. Just like previously stated you'd be able to resell it fairly fast with little too no loss depending on the deal you get. A car with 130k miles and one with 145k miles is gonna be valued the same

SamO | November 11, 2016

Buy a Bolt. Consumer Report calls it a "dorky little box.

/s

topher | November 11, 2016

Pick up a used 2008 (or so) Prius. Two years won't drop its value much, and savings on gas may pay for a bigger battery on your model 3.

Thank you kindly.

bernard.holbrook | November 11, 2016

Used 2 year old car on EBay.

You get a reduced price on the car/suv and it's still covered under warranty. I bought my last three cars there because of the fraud protection when I imported into Canada. I'm sure there are some other sites where you live but you get the idea.

saltsman | November 12, 2016

A Chevy Volt or Cadillac ELR are great cars. EV drive around town, but with a gas generator to make up of the lack of any GM charging infrastructure when on the road. They're not a Tesla, but they very good.

A used Gen 1 Volt has rock sold reliability and can be had fully optioned in the ~$15,000 range. The ELR is super quiet and comfortable if just need two seats.

freifallspoiler | November 16, 2016

I (located in Germany) bought a used 2008 Prius Gen2 to fill the gap. When the M3 comes to Europe this car will be at or around it's end (having done 200.000km until then) and it will be time to go full electric.

PhillyGal | November 16, 2016

+1 on a slightly used car. Especially if there is something fun or unique you've always wanted to try out like a 4x4 or convertible.

Research cars that have good residual values. Yes to Toyota, Subaru, some Jeeps.

No to: luxury brands, Hyundai/Kia.