Tesla model 3 - lease or buy?

[Joe Kim]

I'm not a big fan of leasing a car and never have.   As a real estate investor, leasing can be a negative on our credit score and it probably affects our debt/income ratio too.  I usually pay cash for my cars so I never have any debt associated with car buying.  Also, I never buy luxury (my last 6 cars - chevy volt, hyundai veloster, old hand me down honda CRV from my wife, toyota matrix, old used 1989 acura integra, nissan 200sx....all base models)

After last night's announcement about pricing and options on Tesla model 3.  First,  man I love this car and this company.

Second, I'm thinking to myself, should I lease this car?   

Tesla comes with so many new features so quickly.  it's not like the typical 5-6 year cycle of new models.   it's more like 6-12 months of great features/options being added.

So I know this is not the most fiscal thing to do but I rare if ever get excited about a car like I am with Tesla as a company and now the model 3.

I cannot wait to autopilot on the carpool lane in California and enjoy listening to Biggerpockets podcasts,etc..

My thoughts are.....Selectively, you have to start enjoying the fruits of our labor.