The more horror stories I read about leasing costs at hand back the more worried I am about my choice of leasing Vs a year old purchase. If the stories of thousands of quid for minor wear and tear are true I'm not sure why anyone ever has more than their first lease.
Done 2 leases before, zero extra costs at hand back. Tesla had 2 big chips in rear bumper i touched in but were noticable, Lex never charged me for this.
For me with the MG4 it was a no brainer, Leasing company got car for around 39% discount so lease was cheap( £5500) over 24 months cost to me, car would lose more.
I have options also, i can extend up to 5 years or buy the car off them at any point.
Leasing company taking financial risk on what it will lose, i could afford to buy one for cash if i wanted but would rather keep my savings invested and use someone else’s money.
Here is my Tesla report from November, 2 big bumper chips 10mm wide took paint off will need touching in and flatting and polishing, cost was just £26 but Lex never did action this charge.
Regarding buying, the Tesla lease cost me 15k over 3 years( was not the best deal at time) but at year 3 before i handed back i had option to buy it for £21,000. That plus the lease cost would be £36,000. Car new was £40,000 at time of getting it.
I am guessing at 2 years old the X Power will be around 20k to buy, that plus my £5,500 lease cost would make the car cheap.