50k Tesla 3 leases in NJ similarly to 50k bmw or Mercedes.
Of course not going to lease as good as a vehicle still getting 7k fed tax credit, but it’s MSRP isn’t as inflated as it was because of that.
Not quite. Unless you get a really bad lease deal on those BMWs. $35k Tesla doesn't lease anywhere close to a $34k Ioniq. Right now, there's $14,000 incentives for that, so even taking out $7,500 from the tax credit, it's still not close. Besides that you can negotiate selling price of the Ioniq lower than MSRP by a couple of thousand. Residual is slightly better on the Tesla, but interest rate is also high. All those make it much more expensive to lease.
I'm not talking about if it's in the same league or not. It's not.