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Discussion Starter · #1 ·
Has anyone decided on which? I never leased a car because of the amount of distance I drive on a yearly basis. This 30,000 flex lease is extremely attractive and is close to the amount of what I normally drive. However, if we purchase I believe the drivetrain and the battery is on a 10/100,000 warranty. I normally don’t like to keep debt on for to long so purchasing and being done in 5 years sounds good but in 5 years my Fisker might be around 150,000 miles by that time. I got time to think about the pros and cons. What do you guy think you will do?
 

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MB GLA, Reserved Ocean Ultra
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Has anyone decided on which? I never leased a car because of the amount of distance I drive on a yearly basis. This 30,000 flex lease is extremely attractive and is close to the amount of what I normally drive. However, if we purchase I believe the drivetrain and the battery is on a 10/100,000 warranty. I normally don’t like to keep debt on for to long so purchasing and being done in 5 years sounds good but in 5 years my Fisker might be around 150,000 miles by that time. I got time to think about the pros and cons. What do you guy think you will do?
HI, normally I lease my cars and it would be also for the Ocean but all will depend of the conditions like interest rate and value at the end of the term. We will get more info when we will proceed the order.
 

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I think I'm going to do a lease for the ultra. I'm figuring with tax and destination plus winter package would be about 58 k take off the federal rebate which we don't receive but will be incorporated in the monthly payment. My guess 550 to 600 a month lease. Are my numbers off?
 

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@908ben
i always buy and keep my vehicles for 12 years or 300,000 km (180,000 miles)
However, I’m really attracted by the Flexee Lease, especially for the Ultra/Extreme models

Will discuss with my accountant for his viewpoint
 

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Was thinking about the lease, but I’m not sure how the Canadian tax rebates will apply to a lease with no end point. They are typically prorated to 5 years being 100% of the rebate. I also believe I’ll be able to write off $55k of the price in year 1 based on a Canadian capital depreciation allowance for EVs used for business purposes.

my question is this…How will the flexee lease affect the resale value of owned Oceans? Will it make them hold value if more oceans will be leased so fewer used oceans will be on resale market, or will it deflate the resale value if customers can lease a used ocean for less?
 

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Normally I purchase (like I did with my two most recent ID.4s) because we drive a lot. BUT - with the Flexee lease, that seems more fitting for us (will be the first time ever leasing instead of buying).
 

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Like with everything around this car, we will know and be able to decide in half a year. I always lease cars, because I do not like the selling of it. Anyway, if the only lease option will include 30,000 miles this would not be an option for me. Individually, I do not even drive 10,000 p.a. and thus I expect me to buy the Ultra and keep it for at least 6 years. If it was less mileage for less money, I am back in the leasing game. Because, as I said, I do not like selling...
 

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Way too early to tell. We have no idea what MF and Residual are going to be. I usually lease my cars but I think I might buy out the Ocean. I have a feeling that they're going to hold their value well. If it's going to be anything like Tesla's leases, it's not worth it.
 

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Way too early to tell. We have no idea what MF and Residual are going to be. I usually lease my cars but I think I might buy out the Ocean. I have a feeling that they're going to hold their value well. If it's going to be anything like Tesla's leases, it's not worth it.
Why are the Tesla leases "not worth it" ?
 

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Why are the Tesla leases "not worth it" ?
Horrible Money Factor and Residual. I ran a Model Y Lease in Dec. 2020 and after three years, you'd pay like $30,000 after three years. MSRP was $48,000 back then. Basically, you would be paying around 60% of the car in lease payments. It was like $800/month. Financing the car would have given you a similar monthly payment but you'd own the car after it was all said and done.

Tesla's leases suck in general.
 

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Was thinking about the lease, but I’m not sure how the Canadian tax rebates will apply to a lease with no end point. They are typically prorated to 5 years being 100% of the rebate. I also believe I’ll be able to write off $55k of the price in year 1 based on a Canadian capital depreciation allowance for EVs used for business purposes.

my question is this…How will the flexee lease affect the resale value of owned Oceans? Will it make them hold value if more oceans will be leased so fewer used oceans will be on resale market, or will it deflate the resale value if customers can lease a used ocean for less?
The Flexee won't have an effect on resale value. What will help or hurt resale is availability and what and when happens when they flood the used car market. The Model Y is still holding its value very well two years after it was introduced. We'll find out how Fisker handles leases. If I can lease a Fisker Ocean after someone has already leased it for cheaper, then expect resale values to tank. We still need to see the money factor and the residual, though.
 

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Discussion Starter · #15 ·
How much do you guys think the Ultra will be to lease? I would want to get the matte blue paint job and the 22 inch rims. My guess that will add an extra $4,000.

I still don't know if I would finance or Lease. I guess it all depends on the lease price. I drive about 25,000 miles a year so this is the first time I will have an opportunity to have a lease with this type of allowance.
 

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How much do you guys think the Ultra will be to lease? I would want to get the matte blue paint job and the 22 inch rims. My guess that will add an extra $4,000.

I still don't know if I would finance or Lease. I guess it all depends on the lease price. I drive about 25,000 miles a year so this is the first time I will have an opportunity to have a lease with this type of allowance.
The Flexee lease isn't a normal lease program. You pay $3,000 up front and get a 30,000 mile/year limit. But you can also lease a car that's previously has already been leased by someone else after they're done with it for a cheaper price.

We won't know exactly how much it's going to cost until Fisker releases more info and we figure out the Money Factor and Residual.
 

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Never leased a car but there is one reason I might with the Ocean… battery technology. Honestly, I think battery science has plateaued and the next big breakthrough (e.g. solid state) may not be too far off. Think I might be better positioned to take advantage of the next quantum leap via a lease… but let’s see what the actual costs of leasing are.
 

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I'm not sure it's been confirmed that the next lessee of a returned car will pay less than the first. It might work more like a short term rental car. They don't charge a different rate based on the age of the car and that might be how these leases on Fisker fleet cars work too. It's just unknown at this point.
 

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I'm not sure it's been confirmed that the next lessee of a returned car will pay less than the first. It might work more like a short term rental car. They don't charge a different rate based on the age of the car and that might be how these leases on Fisker fleet cars work too. It's just unknown at this point.
It was mentioned by Henrik himself. We'll see if it comes to fruition.
 

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MB GLA, Reserved Ocean Ultra
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I'm not sure it's been confirmed that the next lessee of a returned car will pay less than the first. It might work more like a short term rental car. They don't charge a different rate based on the age of the car and that might be how these leases on Fisker fleet cars work too. It's just unknown at this point.
If you had to decide which car to lease between a brand new car or an used car of three years with 50k miles on for the same price which one you will take?
So that's why the lease for the return car must be more affortable.
 
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