I've always said, Tesla is a tech company that sells cars. Tech declines in value. Hence, I would never buy one of these cars. I've leased my prior Tesla's and been very glad I did so. For those that keep cars for more than 5 years, leasing doesn't make sense. If you keep cars for 3 years or less like I do, do the math leasing almost always pencils out cheaper in the end. Even with Tesla's higher than average lease prices based on pricing of the car.
I always penciled in the option to purchase following the lease end.
However, just read Tesla is offering a lease for the Model 3, basically at more than the loan cost. $2,000 less down. Payment is about $50 less, BEFORE SALES TAX, so it's actually higher. And it says "YOU DO NOT HAVE TO OPTION TO PURCHASE AT THE END OF THE LEASE".
I certainly hope people read that fine print. Other than GM's EV back in the 1990's, which cost $1,000,000 per car to build, I've never heard of an auto lease where you couldn't buy the car at the end? Wow. The EV1 by GM was like $400 per month, so it was a bargain for a $1,000,000 car. Tesla wants to charge you the same as it costs you to buy it, then keep the car at the end. For people that give their cars back at the end, may not matter, but takes away the option of being able to sell the car if it's worth more than your buyout or simply if you decided you want to keep it.
Another off the wall move by Tesla. No clue how this is going to go over with customers. Again, time will tell.
Posting this just to make sure people read the fine print.
While I would lease any other Tesla, absolutely wouldn't enter this kind of lease for a Model 3.