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Pham Nuwen posted:I asked about leasing vs. buying a week ago and everyone basically said "poo poo's a little weird right now so leasing is as good as buying". Back in May, you yourself said to lease everything except Tesla--what changed? The difference is the intent to keep the car, rather than lease or buy a different car.
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Jun 5, 2021 16:59
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Whether leasing makes sense or not depends entirely on the terms of the lease just like whether financing is good or not depends entirely on the terms of the financing. There’s no perfect flowchart you can use to make the lease or buy decision. It depends on the specific car, the specific terms, your financial situation, and how long you are likely to keep the vehicle. The above deal is extremely lovely not because it’s a lease but because they are “hiding” 8 or 9k of your cap cost reduction to keep as profit. The numbers you need to know to evaluate a lease are capitalized cost, residual and money factor. You can generally ask on Leasehackr for that info since you can’t always trust the dealership to be forthright.
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Jun 5, 2021 17:15
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You can always check the price on a lease without the trade and just dump your car with Carvana/CarMax and pocket the cash too. I sold my last car to CarMax for $6000 when the dealership was offering $1000 for the trade.
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Jun 5, 2021 18:16
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RZA Encryption posted:Ford already turned the Explorer into a truck! This is what my mom drives. She hauls around a ton of gardening stuff and sometimes stuff her farmer brother needs moved between the plots. Pulls light rack wagons or empty seed wagons. It's rusted out and it's why I think the lightning is perfect for her.
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Jun 5, 2021 18:19
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YOLOsubmarine posted:Whether leasing makes sense or not depends entirely on the terms of the lease just like whether financing is good or not depends entirely on the terms of the financing. There’s no perfect flowchart you can use to make the lease or buy decision. It depends on the specific car, the specific terms, your financial situation, and how long you are likely to keep the vehicle. Another place to check if you're interested in leasing is Edmunds forums, you can just Google "Manufacturer Model Lease Rates Edmunds" and you'll find a thread where they have Edmunds employees publishing the money factor(interest), lease incentives and residuals for specific trims and zip codes. Once you have those you can just plug in the MSRP of the exact car you're looking at into a lease calculator along with your down payment/trade-in/credit/etc. and find out what you SHOULD be paying if the dealership isn't playing games. The manufacturers set the terms for leasing, if the dealerships not following them to a T it's the same as them charging you over MSRP or jacking up the interest rate on a regular loan and pocketing the difference. Unfortunately with the manufacturing delays and inventory levels going on right now some amount of this may be unavoidable if you really need to buy a car right now.
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Jun 5, 2021 18:52
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Pham Nuwen posted:I asked about leasing vs. buying a week ago and everyone basically said "poo poo's a little weird right now so leasing is as good as buying". Back in May, you yourself said to lease everything except Tesla--what changed? Leasing is ok and buying is ok. Leasing with the intention of buying the car later seems unwise.
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Jun 5, 2021 23:08
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I'm coming up on 6 months of owning my Model 3. Haven't had any issues with it, 3800 miles so far. My wife took it on a bit of a road trip a couple weeks ago and we discovered we've got free supercharging for a year (I thought we missed the end of the quarter delivery push, but still got it). Trips in the car were the one thing she was still unsure of, but pretty much every time she wanted to stop there was a supercharger to top up the car. And that's going from Illinois to Ohio, not a charger dense area like California. Two new chargers opened just after her trip, which would have made it even easier. She also discovered a fun trick when picking someone up from the airport on her trip. So the airports in Chicago are very serious about keeping any cars from loitering around the pickup area. If you're stopped for 20 seconds without someone starting to get into your car you'll get an angry traffic manager yelling at you to move or get a ticket. Now the airport in Cleveland operates in a different manner, and had 3 lanes absolutely clogged with cars waiting for someone to come out. The friend she was picking up was asking for the description of the car to be able to find it in the crowd, and was just told "It will be the one that sounds like an ice cream truck." And my wife uses the silly boombox thing to make ice cream truck music start playing out the pedestrian warning speaker, and the oddest thing happened: cars started just moving out of the way for her. Like Moses parting the sea, she was easily able to pick up her friend and also easily make her way back out. I can only imagine the confusion the other drivers must have felt. "I don't know why that car is playing music, but maybe I should move for them in case it's important."
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Jun 5, 2021 23:31
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Pham Nuwen posted:Here I am again with lease questions. We went down to the local VW dealer and talked out a lease for an ID.4 1st Edition. Playing with the numbers it seems ok, but I wanted to run it past the thread before we go sign things in the morning. Here's the details: This deal sucks. Even worse, you absolutely do not want to put down $8k down on a lease. If you total the car leaving the dealership, you’re out $8k.
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Jun 5, 2021 23:38
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borkencode posted:I'm coming up on 6 months of owning my Model 3. Haven't had any issues with it, 3800 miles so far. My wife took it on a bit of a road trip a couple weeks ago and we discovered we've got free supercharging for a year (I thought we missed the end of the quarter delivery push, but still got it). Trips in the car were the one thing she was still unsure of, but pretty much every time she wanted to stop there was a supercharger to top up the car. And that's going from Illinois to Ohio, not a charger dense area like California. Two new chargers opened just after her trip, which would have made it even easier. And then everybody stood up and clapped
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Jun 5, 2021 23:40
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Pham Nuwen posted:
bawfuls fucked around with this message at 01:15 on Jun 6, 2021 |
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Jun 6, 2021 00:26
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particle9 posted:Leasing is ok and buying is ok. Leasing with the intention of buying the car later seems unwise. Yes, you can think of leasing as a bet on the projected residual value - if the leasing company underestimates the depreciation you win by selling it, while if they overestimate you win by turning it in. This option costs money, so if you don't value the option then don't lease. In the present environment when used car prices are so high it would probably make more sense to sell your leased vehicle rather than turn it in, for example.
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Jun 6, 2021 00:55
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bawfuls posted:If you take these numbers and punch them into the calculator linked by particle9 and play with the "money factor" until the payments are ~$453/mo, they are charging you ~14.6% APR, which is fuckin' highway robbery these days. Yeah either they hosed up somewhere along the line or they decided to try screwing us. Either way that deal isn't happening... thanks everyone for sanity checking that poo poo. This place featured yet another salesman who doesn't understand how a tax credit works, so really it could be either, but you're probably best off assuming malice at a car dealership.
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Jun 6, 2021 01:21
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That interest rate screams "Stop by our dealership right outside your local military base! We're the ones with the American flag painted on the front windows! E-1 and above approved with no credit check!"
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Jun 6, 2021 02:46
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Pham Nuwen posted:Yeah either they hosed up somewhere along the line or they decided to try screwing us. Either way that deal isn't happening... thanks everyone for sanity checking that poo poo. Dealerships generally start at abject incompetence and then slide down the scale from there. We have a trainee who moved to the area and bought a near-poverty spec Hyundai from one of the local big-name conglomerate dealers. (The kind that has a dealership for literally every brand that is willing to deal with poo poo like that and advertises “BIGGEST VOLUME DEALER IN THE WORLD” instead of say, “We have good customer service.”) One of her trainers asked about the car, got suspicious after the description of the sales experience and gently asked if he could see the financing docs. They had sold this trainee a car with a ~$20k MSRP for nearly $40k on some ridiculous seven or eight year note in order to keep the monthly payments believable. The trainer was livid, and brought his (lawyer) wife with him as he marched his trainee down to the dealership and got them to terminate the purchase contract and take the car back (after threatening to take it to Hyundai corporate.) Trainee ended up with an almost identical car from a different dealer with a much less predatory loan. Dealerships are scum, and you should negotiate with them via flamethrower when at all possible.
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Jun 6, 2021 04:58
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Pham Nuwen posted:Here I am again with lease questions. We went down to the local VW dealer and talked out a lease for an ID.4 1st Edition. Playing with the numbers it seems ok, but I wanted to run it past the thread before we go sign things in the morning. Here's the details: I think I got a better deal with a Kia Niro EV. 36 mo. lease, 15k miles a year. No trade in. $4k down, $2k rebate (4 months later from CA). $348.90 a month. I needed the 15k miles when I got this because I had a weekly commute from San Diego area to Los Angeles. I intend to get the commercial F150 EV with the 300 mile range option when the lease is done, hook up a trailer, and become a nomad for a few years.
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Jun 6, 2021 05:15
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You tuber battery life is getting his hands on a German spec Ionic 5 in just a few minutes.
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Jun 6, 2021 06:01
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VideoGameVet posted:I think I got a better deal with a Kia Niro EV.
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Jun 6, 2021 06:46
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Has anyone picked up the oem model 3 spoiler from Tesla? I'm tempted to get one after I take delivery. There are a lot of $150-200 third party spoilers, but I imagine they're not functional. An actual spoiler is usually kinda pricey, right? (edit: Tesla's is $800 w/ installation included, not that spoilers are tough to install)
Westy543 fucked around with this message at 07:13 on Jun 6, 2021 |
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Jun 6, 2021 07:04
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CannonFodder posted:KIA still has the Federal rebate/credit/whichever, did you not put it to the cost of the lease? The dealer did. Hence the decent lease $$$ for a 15k mile/year lease. If I had waited a month, I could have gotten an insane lease on the Bolt. Oh well, the Niro is better anyway.
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Jun 6, 2021 07:10
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Please don’t ever put money down on a lease. First payment only DAS. If you have money burning a hole you can buy MSDs to drop or zero out the money factor.
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Jun 6, 2021 08:22
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Westy543 posted:Has anyone picked up the oem model 3 spoiler from Tesla? I'm tempted to get one after I take delivery. There are a lot of $150-200 third party spoilers, but I imagine they're not functional. An actual spoiler is usually kinda pricey, right? (edit: Tesla's is $800 w/ installation included, not that spoilers are tough to install) The OEM spoiler is so small I question it's usefulness (hence why I have a stealth performance that doesn't have one). Supposedly if you have them install it you can have them push a software update that uncorks the top speed from ~145 MPH to ~165 MPH but I fail to see the benefit in a daily driver and that top speed may only be available on the performance trim. Also Jason from the Engineering Explained channel on youtube had his installed by mobile service because the part wasn't available when they built his car and one side or the other of it has come loose a couple times already because the glue keeps failing. Personally I couldn't justify spending $800 for what amounts to a cosmetic difference, if you like the look of the spoiler then knock yourself out though, nothing wrong with that. IMO if you don't have a stealth performance (so the 165 MPH upgrade is not possible), I'd go with self installing one of the third party ones since they are almost certainly the exact same thing epoxied down in the exact same way and should come with the guides needed to align it.
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Jun 6, 2021 12:41
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Fame Douglas posted:And then everybody stood up and clapped That ice cream truck's name: Albert Einstein.
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Jun 6, 2021 17:14
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Sounds like Tesla has realized 4680 batteries aren't happening any time soon, the model s plaid+ is canceled because they've done extensive testing and realized no one needs a range of more than 400 miles. Somehow we'll still see bazingas posting that the cybertruck is better than the Lightning because it has a 500 mile range.
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Jun 7, 2021 00:57
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looooooooool I guess Plaid+ is further out than anticipated. Tesla..... facing delays......??? Honestly probably trying to avoid people waiting for Plaid+ when they want to sell Plaids. Which... makes sense given they have sold almost no model S cars this year, and those were really profitable afaik. Sucks for people who ordered it tho and wanted 500 mi of range.
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Jun 7, 2021 01:04
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Charles posted:You tuber battery life is getting his hands on a German spec Ionic 5 in just a few minutes. Apparently they got like 220km at 130 km/hr target speed (120 avg) in the rain. The niro got 300km albeit in more ideal conditions
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Jun 7, 2021 01:37
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gwrtheyrn posted:Apparently they got like 220km at 130 km/hr target speed (120 avg) in the rain. The niro got 300km albeit in more ideal conditions I don't know why they're making the 20" wheel version. It's so thirsty
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Jun 7, 2021 01:57
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Westy543 posted:looooooooool I guess Plaid+ is further out than anticipated. Tesla..... facing delays......??? Honestly probably trying to avoid people waiting for Plaid+ when they want to sell Plaids. Which... makes sense given they have sold almost no model S cars this year, and those were really profitable afaik. Yeah, I definitely don't buy the "plaid plain is good enough" comment from Elon. In terms of "lol not fooling anyone" lame excuses that is probably in the top 3. I would make the same guess: the 4680 production won't be at high enough volume/yield to satisfy that much demand, so the + is off the menu for the foreseeable future.
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Jun 7, 2021 02:04
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Anyone here have experience with any of the portable level 2 chargers? For example - Mustart Travel Master and AxFast, I know there are a bunch more.
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Jun 7, 2021 15:13
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Shamino posted:Please don’t ever put money down on a lease. First payment only DAS. If you have money burning a hole you can buy MSDs to drop or zero out the money factor. And just to clarify, your trade in is money down.
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Jun 7, 2021 15:16
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My boss just let me drive his model 3 he picked up yesterday, that was an expensive thing I just did as now I need to sell my Jeep and buy a Telsa.
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Jun 7, 2021 15:19
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I hope you can wait to buy your Tesla since supply and demand isn't in your favor. Can you wait a year or 2?
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Jun 7, 2021 15:21
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Nfcknblvbl posted:I hope you can wait to buy your Tesla since supply and demand isn't in your favor. Can you wait a year or 2? Ya I know there's a wait list right now. He ordered his 3 long range at the end of April.
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Jun 7, 2021 15:27
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gwrtheyrn posted:Apparently they got like 220km at 130 km/hr target speed (120 avg) in the rain. The niro got 300km albeit in more ideal conditions That's less than I was hoping for. Was that the RWD with 20" wheels or AWD?
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Jun 7, 2021 15:39
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Hi I'm on a road trip. DC charging right now. I'm realizing that a 250kW supercharger would actually suck here because I wouldn't have time to run in to Starbucks, I'd have to sit out there so I don't rack up idle fees. Hmm.
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Jun 7, 2021 16:56
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cruft posted:Hi I'm on a road trip. DC charging right now. Can't you set a max charge rate?
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Jun 7, 2021 17:01
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Nitrousoxide posted:Can't you set a max charge rate? There’s a tiny number of EVs out there that restrict DCFC rates of speed: Energica and Porsche’s Taycan are all I can think of at the moment.
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Jun 7, 2021 17:12
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Needs a set of buttons to tell it how much to slow down: "buying a coffee", "taking a poo poo", "getting lunch"
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Jun 7, 2021 17:15
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Pham Nuwen posted:Needs a set of buttons to tell it how much to slow down: "buying a coffee", "taking a poo poo", "getting lunch" It’s probably not going to happen unless if the charging stations can override the users’ preferences to get people to free up high demand locations.
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Jun 7, 2021 17:21
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Tesla charging station camping mode (called "Fame mode" for maximum user friendliness) when
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Jun 7, 2021 17:25
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The Gunslinger posted:That's less than I was hoping for. Was that the RWD with 20" wheels or AWD? Is there a RWD with 20" wheels? It's the AWD and the tires are 255 width too, which might be the real difference.
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Jun 7, 2021 17:27
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