My reservation for Model 3 came up, but could not swing payment and insurance. My lease was up on 2015 FFE. Antelope Valley Ford had an ad for a 2017 FFE with leather for $22,002 with the $3,000 Ford purchase rebate ($25,002 for 9.5% sales tax). I asked for a lease comparison. They came back with an offer of $180.41 for 35 months and ZERO down including the first lease payment. Residual value would be $7,917. Total out of pocket cost would be $14,231 to purchase in three years. My wife and I went for the lease since cheaper than purchase. First, looking into Ford extended service 8 yr/100,000 m. Second, 33.5 kWh battery is a blessing - go two weeks between charges. Third, CD player, buttons and a dashboard- over 750 CDs. Listen to a CD most of the time! Base Model 3 will be purchased when Honda Clarity EV lease up in two years, but wife says Honda or Ford might have something to offer by then.
2015 FFE (Retired)
2017 Honda Clarity EV
2017 Chevrolet Impala
PS Cost was $20315 + $645 = $20960. WOW! (Extra $1,000 for lease)
Downpayment was $7,500 (Federal Rebate) + $1,750 (Ford re-lease cash rebate) for a total of $9,250.
Not a Tesla for $50,000, but FFE for $14,231 out of my pocket!
THANKS, will consider that as possibility — maybe wife will drive after two years. She drives more miles.
Last edited by Silverrabbit1954
on Mon Jul 16, 2018 5:20 am, edited 1 time in total.