Why does Tesla model 3 lease have no buy option?

Tesla is offering lease for the Model 3, but it says "YOU DO NOT HAVE TO OPTION TO PURCHASE AT THE END OF THE LEASE". See https://forums.tesla.com/forum/forums/beware-tesla...

This is unusual in the car lease business. What's the reason behind it??

2 Answers

  • 2 months ago

    The leasing company has no idea what the vehicle will be worth at the end of the lease.

    • June2 months agoReport

      but why other car companies have better idea? still a puzzle to me

    • Log in to reply to the answers
  • Anonymous
    2 months ago

    Never seen that before. I wonder if Tesla wants to sell used models off lease?

    • Log in to reply to the answers
Still have questions? Get answers by asking now.