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$1,007/mo (seriously!!) lease assumption on 2017 Model X 100D in New York, NY

Discussion in 'Tesla for Sale' started by kcdk99, Sep 9, 2018.

  1. kcdk99

    kcdk99 Member

    Joined:
    Dec 22, 2017
    Messages:
    9
    Location:
    New York, NY
    I'm moving and need to get out of my lease (sad!). Scored a great deal at the end of 2017, and I haven't seen any leases this low on a 100D MX. Car has been garage kept and used primarily highway so is super clean. I have only had one issue (sensors on the FW doors), and that has been fixed. Below are the details:
    • Car
      • Original Spec Sheet Attached
      • Silver, Black interior with Carbon Fiber, 20" wheels, 7-Seat, Premium Fully Loaded, Enhanced AP 2.5 (spec sheet says 2.0, but Tesla doesn't use the 2.5 designation. Been ID'ed as 2.5 with TeslaFi)
      • Currently 9,406 miles (on track with lease terms, given 763 starting miles)
    • Lease
      • Lease Term: 36 months
      • Remaining: 28 months
      • End Date 23-Dec-2020
      • Monthly Payment: $1,007.23
      • Mile Allowance: 12,000/year
    • Assumption Terms
      • I put about $9,000 down (not including 1st month lease payment and registration), so I'm asking $7,000 for the assumption to cover the down payment and the transfer fees.
      • This is a great deal, because:
        • If you leased the car directly, you would have to make a down payment as well (let's assume also about $9k)
        • The lowest lease price I'm seeing on lease sites right now for a MX 100D is $1,453 (same year 2017), so if you were to assume another lease or go with a new lease that would likely be just as expensive, over the remaining 28 months of the lease, you'll save $12,488
        • So... You're potentially saving around $14k by assuming this lease ($12k + $9k - $7k)
    Please send me a message if you're interested. I'll try to get some more pictures up soon, or if you're in the NYC area, happy to show it to you.

    Thanks,
    Brad

    2017 Model X.png Image.jpg
     
  2. azred

    azred Active Member

    Joined:
    Apr 12, 2016
    Messages:
    1,639
    Location:
    Chandler, AZ
    Wow that's a steal!! That deal is probably already gone!! Unreal!!
     
  3. kcdk99

    kcdk99 Member

    Joined:
    Dec 22, 2017
    Messages:
    9
    Location:
    New York, NY
    Hi, All. I don't yet have anyone moving forward with the transfer process, so please let me know if you're interested. Thanks!
     
  4. rotaz

    rotaz Member

    Joined:
    Aug 2, 2015
    Messages:
    37
    Location:
    San Mateo
    Too bad it's not 6 seats.
     
  5. Zorg

    Zorg Member

    Joined:
    Oct 24, 2017
    Messages:
    866
    Location:
    Fremont, ca
    What is the buy out price at lease end? What is the cost for miles above limit?
     
  6. kcdk99

    kcdk99 Member

    Joined:
    Dec 22, 2017
    Messages:
    9
    Location:
    New York, NY
    Buyout is $74,280. Extra miles are $0.25 (Tesla standard)
     
  7. joelponu

    joelponu New Member

    Joined:
    Sep 28, 2018
    Messages:
    1
    Location:
    colorado
    Is the vehicle still available?
     
  8. bird2730

    bird2730 Member

    Joined:
    Jul 18, 2015
    Messages:
    40
    Location:
    San diego
    Is there a way to purchase this without a lease?
     
  9. kcdk99

    kcdk99 Member

    Joined:
    Dec 22, 2017
    Messages:
    9
    Location:
    New York, NY
    Yes. Buyout is $92,127.50.
     
  10. kcdk99

    kcdk99 Member

    Joined:
    Dec 22, 2017
    Messages:
    9
    Location:
    New York, NY
    I've received a lot of interest in the lease assumption. Thanks to all. I'm working on finalizing a lease assumption with someone from this forum. I'll update the status here when I have a final disposition.
     
  11. LAGrove

    LAGrove Member

    Joined:
    Aug 23, 2014
    Messages:
    7
    Location:
    New York
    If this falls through please let us know - Thx
     
  12. Mendstern

    Mendstern New Member

    Joined:
    Oct 14, 2018
    Messages:
    2
    Location:
    New york
    Ill take it if its still available.
     

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