I am seriously thinking of canceling my XC 40 recharge pre-order.. I’d like to I have comment on my rationale for doing so. Of the lease-purchase options, I tend to favor the lease. My reasoning is that the XC 40 will depreciate dramatically and I don’t want to bear that risk which I would be doing by purchasing. The relativ mileage limitation, battery inefficiency and the original high price lead to this conclusion
On a lease, my local dealer quoted $870 per month for a three-year, 10,000 miles/year lease with $5000 down. Comparing this to a Tesla model Y, it’s about $12,000 more over three years. At this point I think I have talked myself into canceling my preorder purely based on price because I liked car very much when I drove it a couple of times. Again, I’d like input/thoughts from anyone so inclined.
On a lease, my local dealer quoted $870 per month for a three-year, 10,000 miles/year lease with $5000 down. Comparing this to a Tesla model Y, it’s about $12,000 more over three years. At this point I think I have talked myself into canceling my preorder purely based on price because I liked car very much when I drove it a couple of times. Again, I’d like input/thoughts from anyone so inclined.