The 2024 FIAT 500e MSRP is $6,500 cheaper than the Tesla Mannequin 3, but it prices $100 monthly much less to lease the Mannequin 3 – right here’s why.
The parents at CarsDirect did some lease comparisons between a Tesla Mannequin 3 and a FIAT 500e. Based mostly on a down fee of $3,409 in FIAT’s on-line fee estimator, the 2024 FIAT 500e is listed at $414 monthly for a 36-month lease. That assumes an MSRP of $34,095 and 10,000 miles a 12 months however doesn’t embrace the primary month’s fee, bringing the quantity at signing to no less than $3,819, however earlier than the acquisition payment. The FIAT’s efficient price comes out to $520 a month.
Evaluate that to the 2024 Tesla Mannequin 3 Normal Vary, which is listed at $299 a month, with $2,999 at signing for 36 months, 10,000 miles a 12 months. The Mannequin 3’s efficient price is $382 a month. It has an MSRP of $40,630 which is greater than the FIAT 500e’s MSRP by $6,535.
The FIAT 500e has a variety of 141 miles. The most affordable Mannequin 3 has a variety of 272 miles, plus you after all get entry to Tesla Superchargers.
The FIAT 500e doesn’t qualify for the IRA tax credit score, and there’s some lease money quirks: CarsDirect reported in April that Stellantis Monetary is providing the 2024 Fiat 500e with $7,500 in lease money, however Chrysler Capital is providing it with simply $3,750.Â
So if it’s practicalities and value be damned since you’re in love with the FIAT 500e’s retro styling, be sure to hustle to get the perfect lease money deal.
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Learn extra: I simply swapped a Tesla Mannequin 3 for a Mannequin Y and Elon Musk’s brutal layoffs ruined the expertise
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