Do you have data on that? I thought cars lose a lot of their value as soon as they drive off the lot.
And how long of leases are you talking about?
And how long of leases are you talking about?
When you trade in your car the dealer will give you an offer for your car. Depending on demand this may be higher or lower than what the lease company wants. When it is higher you win. When it is lower leasing would be better. Either way though, the dealer is pricing in a profit margin from selling your car, so if you don't trade in your car but sell it yourself you can get this profit margin in exchange for your time.
In the end it is about risk management. What will the car be worth in 3 years when you are ready for a new one? Nobody knows for sure 3 years in advance. Sometimes it will be worth a lot more than the lease company expects and so you win, sometimes it will be worth less and so you lose. If you don't trade your car in you probably will always win in monetary terms, though I'm not sure if it is worth the time.
If you live in a state with no sales tax, then you avoid this problem.
Still, it probably would have been more profitable to keep driving just 1 Tesla, and sell the other Teslas as essentially new as soon as you got them.
the reason is that tesla price increases and backlog creates added value for aftermarket teslas.
As it happens, I can sell the used car i purchased over a year ago for more than i originally paid.