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According to media reports recently, Tesla is preparing to launch leasing products for its Model 3 electric sedan in order to boost demand. Currently, the cheapest Tesla Model 3 costs $42,900 before any incentives are factored in. That's still a far cry from the $35,000 entry price that many Model 3 intenders have been waiting for, but we'd guess a lease option with lower monthly payments could definitely kickstart a new wave of sales.
The experts at the nationwide lease marketplace, Swapalease.com took a stab at seeing what a Tesla Model 3 lease price structure could look like. They also compared it to various structures of a BMW 330i sedan. Click here to see the cost structure breakdown.
People want a lease program for Tesla. On Swapalease.com, the company's most recent Q4 lease report showed that search demand for Tesla has increased 34% YOY (compared with 25% for BMW).
"Our customers have been wanting more leasing from Tesla for a while now, and the quality of their vehicle makes a lot of sense financially for a lease, especially when you consider the fact that people want to change electric vehicles more frequently and Teslas do a great job in vehicle retention," said Scot Hall, Executive Vice President of Swapalease.com.
Click here to see the possible lease pricing structure of a Tesla Model 3 according to Swapalease.com.
Let me know if you would like to set up a call with Scot Hall from Swapalease.com to discuss further.