Shmee said the F8 has become a collectable

Not sure if that was sarcasm but Tesla actually leases very few of their vehicles. In 2023 it was only 3.9%. https://stockdividendscreener.com/auto-manufacturers/3-key-charts-that-summarize-tesla-automotive-leasing-revenue/

 

Wtf . Lemme see them weiners

 

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you're misreading the info-- when you see "subject to lease accounting", that isn't how many were leased vs purchased.... that is how much money they make 'from their leasing program'... that 3% is their allocated earnings.... over 25% of just the S were leased which is WAY low compared to 'normal'.... and this is because of COVID and all that madness where leasing died for everyone in the past 3 years due to money factors/rates and factory programs--- however, that leasing number is going to back up (and already has started) to over 80% due to the $7500 rebate as opposed to $7500 tax credit for purchase. plus, the programs they just put out would make anyone an idiot to ever buy an EV, especially Tesla... it'll probably get close to 100% leasing this year and next.

 

Please go look at Tesla earnings report. They lease very few vehicles. There leases are horrible and most people finance. The model 3 is the lowest price and the one that is leased the most. It is only 25%. https://insideevs.com/news/687351/tesla-model-3-becomes-first-ev-enter-top-10-leased-vehicles-us/

Tesla had total revenue of 96 billion last year. Leasing revenue was 2.12 billion.

 

I'd rather have a yellow 458 any day. Also can't stand Shmee. Once got 0:45 into one of his vids. Never again.

 

Ugh. Leasing revenue has nothing to with how many cars they leased vs purchase. Remember, Tesla, the company is one thing and Tesla the leasing company/bank is another. Just like all makes. Chrysler, Mercedes, Volkswagen etc— there’s the manufacturer, the bank, the dealership, the brand etc…. All different companies. Anyway, don’t wanna argue but Tesla leases are AMAZING right now and they were better than most during past few years when everyone else was way out of whack… almost all Teslas are leased and not purchased.

Tesla the manufacturer leases out some of their cars directly for tax purposes and income as well as lease out other equipment hey have or invented or whatever… THIS is the leasing income/money you’re seeing reported.

The dealer BUYING the car from the manufacturer and LEASING it to the user is a different thing entirely

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https://www.bnnbloomberg.ca/tesla-relies-on-leasing-less-after-repeatedly-slashing-prices-1.2017545.amp.html

I give up too. Given you 3 articles with facts and you have provided not a single source other than your opinion. May want to do some quick google research. Btw, Tesla does not have any dealers. It is direct sales.

 

Ye this was silly. Everyone is right. And the Tesla store is still separate from the manufacturer. They just call it a store instead of a dealership.


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OMG Todd, please do some research. https://www.hotcars.com/here-is-why-tesla-has-no-dealerships/
This has been the basis of numerous lawsuit. The stores are owned exclusively by Tesla. The employees are employees of Tesla. In some states that’s illegals and the article talks about how they get around it. Tesla is the manufacturer and they own the stores.

 

Yes correct... Tesla the company owns the dealership/store and sells you the car directly via the internet. You go in the Tesla store and order your car via the internet with them.
https://en.wikipedia.org/wiki/Tesla_US_dealership_disputes

 

Definitely correct. But the 3% leasing allocation revenue number you saw is nothing to do with how many teslas are leased to the public vs purchased. Anyway, none of this is worth explaining…. Let’s get back to the topic which is the amount of F8’s available is pretty thin in my book. And the amount they made was also quite low vs other models. It probably wasn’t intended to be less than 488 or 458 etc but that political flu thing made it a much lower production model and combined with being the last (for now) and the Pista engine etc blah blah blah, means it’s all good news for the F8


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But that’s not what Todd says. lol. And Tesla are great to lease. LOL. Every model except the y/3 the lease is more expansive than to finance. Probably the worst lease of any car out there. The y/3 used to be that way but Tesla has finally realized they had to start subsidizing the residuals to move inventory. Even with their big push they are only leasing 1 out of every 4 model y/3.

Have to give them credit as they have a loyal customer base and people keep their cars for a long time. They are smart and haven’t really redesigned their cars so people with a 5 year old car look the same as a new one.

Anyway back to the topic at hand. Shmeee

 

Argh. It is single handedly the absolute BEST lease out there right now! Model S and Y are sign n drive for 4-500/mo! Even with the .9% financing they just put out, that would put your payment in the 700’s and you’d lose half+ value instantly with the EV… so no one will buy one of course. argh, ok shut up both of us… it doesn’t matter

… and what’s even more is you can’t even buy out the lease. Which is a good thing since it won’t be worth anywhere near its residual value

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fyi: when we are comparing or using "tesla" in the same senstence with Ferraris, its time to move on

 

This thread has been truly entertaining. Comedy gold actually. Thank you everyone.

 

The only topic that would be better would be "458 or 488? which sounds better?"

 

I'm bored here... see ya!

 

Please please please show me where a model S is sign and drive for 400-500/month!!!! I will send you $100 by Venmo when you do.

 

Sorry, I did mean to say model 3, not S- you’re correct– my mistake on that. But 3 of my employees here at the dealership just got them… it’s a national program. Aggro AF— 2 got the 3 for 450 and one got the Y for 500…. Other friend in Mass got his for 350/mo with 1600 down so that one seems a little weird but the program is insane for the 3 and the Y right now.

And my GSM did buy his cos he drives 65 miles each way to work each day so he’s just gonna run it into the ground and doesn’t give F that it’ll be worth nothing when it’s done. He bought it for 38,900


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Reread post #63. Tesla just, for the first time started incentivizing the 3/y due to poor sales. They used to be bad leasing but are better now and the most recent numbers as reported by Tesla is they are now leasing 1 out of 4 model 3/y due to the new programs. They also lowered the price by almost 10k. Before the new pricing and incentives that car was 800/month to lease and no one was leasing them.

 

Is Tesla opening up for Motley Crue on the summer tour?

 

Yes and they’re dedicating ‘Love Song’ to me and mkraft


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When leasing a Tesla enters the chat on whether an F8 is a collectible, you know we're all about to do this ...

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Todd and I got matching T-shirts for the concert.