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Buying a Tesla Model Y or Model 3 and think that leasing is the cheaper financing option? Don’t let the low monthly payment fool you! Watch, and I will show you how leasing a Model Y or Model 3 might end up costing you up between $11K to over $19K or so more than financing with a traditional loan.

IMPORTANT NOTE: All of the content found in this video is based on my own personal opinion and should NOT be regarded as financial advice. I am NOT a financial advisor, or a tax professional. Please do your own research or seek professional advice before making a large purchase or financial decision.

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** All video and pictures are used with permission or in accordance with the copyright owner's stated policies and use allowance, or applicable fair use laws. **

Image & Video Clip Sources:

1. Thumbnail images and Tesla images and video clips used in the video Courtesy of Tesla, Inc. (where noted in video).

Data Sources:

https://www.kbb.com/car-news/irs-leas...

https://www.irs.gov/credits-deduction...

https://www.bankrate.com/loans/loan-c...

https://www.irs.gov/pub/taxpros/fs-20...

https://www.bankrate.com/loans/auto-l...

IMPORTANT NOTE: All of the content found in this video is based on my own personal opinion and should NOT be regarded as financial advice. I am NOT a financial advisor, or a tax professional. Please do your own research or seek professional advice before making a large purchase or financial decision.