It's Now Cheaper to Lease a Tesla Model 3 Than a Toyota Camry

I’d recommend doing a Tesla test drive. I did it for giggles and immediately bought one.<p>Im actually a big truck person but I put my identity on pause (so to speak) because I loved the car so much.<p>Everyone who knows me can’t seem to process that I don’t have a truck.<p>(Also the test drive was very low key. Schedule online, Just greet the guy, and he sends you off on your own for a drive. No pressure when you come back either.)

The comparison isn&#x27;t exactly fair. I love my Tesla and won&#x27;t go back but if I&#x27;m not mistaken when leasing other brands you can buyback the car at the end of the term which isn&#x27;t the case when leasing a Tesla.

Why do people think model 3 should be more expensive than a Camry?<p>They are not even in the same class of vehicles, model 3 is closer to a Toyota Corolla than a Camry.

No CarPlay&#x2F;Android Auto, No Buy.

Instead of slashing the sale price, incentivizing leases seems to be the go to for now in the EV market. You can only kick the can so much -- 2024 December will be a glorious time to buy vehicles.

As someone who has been new car shopping for the first time recently, its absurd how much some of these cars are. A new prius at the top trim costs ~43k, whereas a lexus actually costs less than 42k for a higher level trim<p>The Prius gets ~60mpg whereas the Lexus gets ~42mpg, so it seems like it would pay for itself a bit more over time if you drove it into the ground, but at that price, it makes no sense to stick with the lower build quality cars.

The auto market comes in waves. Not that long ago supply was thin and dealers were adding big markups to the cars that were available. Now many dealers are backed into a position to practically beg you to take cars off the lot. Show up with cash and play hardball. It’s a buyers market.

As it should be, the Camry is a very reliable car that can be with you for 20 years and still be kicking. The only maintenance it usually requires is the basics, like oil and brake pads. That&#x27;s not the case with Tesla.

While true, it&#x27;s not exactly a &quot;fair&quot; comparison given the federal subsidies involved.<p>&gt; When purchasing, the restyled mid-size Camry hybrid is still more affordable than the Model 3, with a base MSRP of $29,804, whereas the Tesla’s entry-level sedan retails for $40,380 (including destination) and doesn’t qualify for the $7,500 federal tax credit.<p>So as a United States taxpayer I say to Tesla Model 3 owners: You&#x27;re welcome.

Elon is against heads up displays for some weird reason, and also CarPlay&#x2F;android auto. Those are important features in 2024.

Love my truck but it is not my daily driver. Only drive it when I need to carry stuff in the bed. I have driven several electric cars. They are fun to drive but they don&#x27;t seem ready for prime time yet. Once charging gets consolidated and more widely available I will look at them again.

It’s only cheaper if you own a single-family home, or otherwise have the unlikely luxury of access to an electric vehicle charger at your home or place of work. Renters will mostly have to stick with the Camry.

It should be cheaper. Toyota is a much better car.

I&#x27;d rather have the Camry. Wake me when the model S becomes cheaper to lease than a Toyota Camry. Now we&#x27;re talking.

I know it&#x27;s leasing, not owning. Given current track record, a minimally maintained 2025 Toyota Camry will probably outlast Musk. Also, a Camry is substantially cheaper to maintain and repair. My local mechanics can probably rebuild a Camry in their sleep with parts readily available.

Makes sense for essentially overpriced e-waste. Extreme hybrids or GTFO. Im talking gennys or low cc choked to all hell for emissions, hell drop a goldwing engine in it. I want my 2500+ mile per tank utility vehicle, preferably made by a company with real experience... like Honda, or Toyota.

I am usually the first person to steer away from taking moral standpoints, but I don&#x27;t support the culture of lithium mining, making children work just so I can have a shiny new car&#x2F;phone&#x2F;laptop whose battery will inevitably die in a couple of years effectively becoming junk that&#x27;s thrown in a landfill.<p>China&#x27;s near defacto monopoly on lithium batteries is also very concerning. Unfortunately we cannot eliminate it from our lives due to its&#x27; ubiquity and cost, but I&#x27;d rather not buy an electric car that supports this industry.<p><a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=Y9jscWk2DMg" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=Y9jscWk2DMg</a> is a good watch on this topic.