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2015 Model S 60kWh Lease Assumption - No Longer Available

Discussion in 'Tesla for Sale' started by minxstm, Dec 7, 2015.

  1. minxstm

    minxstm Member

    Joined:
    Sep 3, 2015
    Messages:
    16
    Location:
    San Jose, CA
    2015 Model S 60kWh Lease Assumption

    Looking for somebody to take over the lease payments on my 2015 Model S 60kWh. New lessee will need to apply and be approved by Tesla Financial Services.

    Down payment : $5,000
    Monthly payment: $573.13 + tax
    Miles/Year: 15,000
    Lease ends: August 2018

    About the car:
    Current miles: 61xx
    2015 60 kWh Model S
    Solid Black Paint
    All Glass Panoramic Roof
    21" Grey Wheels
    Autopilot Hardware
    Black Textile Seats
    Piano Black Decor

    I'm looking to lease another Model S to get a little more range. Here's an opportunity for somebody to get into a Model S with minimal down and low monthly payments. I'll take care of any lease assumption fees needed to transfer the payments over to the buyer. This Tesla is currently my daily driver and the mileage will go up accordingly. The car is located in San Jose, CA and I'll have pics up soon.




    List Date: 12/7/2015

    For more info, click here to view the original listing: 2015 Model S 60kWh Lease Assumption
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    This item is no longer available.

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  2. FlatSix911

    FlatSix911 918 Hybrid

    Joined:
    Jun 15, 2015
    Messages:
    2,347
    Location:
    Silicon Valley
    You may want to offer your lease assumption with no down payment - it's a sunk cost and is normally not passed on the new lessor. GLWS!
     
  3. minxstm

    minxstm Member

    Joined:
    Sep 3, 2015
    Messages:
    16
    Location:
    San Jose, CA
    Thanks FlatSix911. I completely agree with you on the deposit being a sunk cost but my deposit was more than the required $5,000.

    This was the logic behind my pricing:

    A S70 with the pano roof and wheels at todays pricing would be $76,000. From the $76K I deducted $2,500 for the California rebate that the buyer won’t be eligible for, $5,000 for the 60kWh to 70kWh difference, $1,000 for navigation (Tesla Service pricing), $2,000 for the Supercharger access, $2,500 for misc options (folding mirrors, etc), and also a $5,000 hit for me. With all of the deductions, the car “value” is now $58,000. Assuming a money factory of .0016 and a 52% residual (based off my actual lease contract) monthly payment would be $571 with a $5,000 downpayment. This may or may not be the right way to go at it but it made sense to me at the time. The new buyer will also be saving taxes paid on the cap cost reduction as well and registration fees. If somebody is interest but feel that the price is too high, please feel free to send me an offer.
     
  4. tropical1

    tropical1 Member

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    Dec 8, 2015
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    Location:
    Odessa, FL
    Agree, would you offer a no down payment option. Please send me a PM.
     
  5. EVenthusiast

    EVenthusiast Member

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    Jun 17, 2013
    Messages:
    279
    Location:
    US
    How is the tax calculated (not too experienced with leases)?

    I'm also wondering if anyone has ever driven a 60 from CA to the east coast (if that's even possible).
     
  6. dmunjal

    dmunjal Member

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    Messages:
    364
    Sent PM. Please contact me. I'm local.
     
  7. minxstm

    minxstm Member

    Joined:
    Sep 3, 2015
    Messages:
    16
    Location:
    San Jose, CA
    Responded to all PMs.

    @EVenthusiast - Tax is calculated at your local sales tax rate (8.75% for San Jose, CA) * $573.13 (monthly payment). My monthly payment with tax is ~$625. This car doesn't have supercharger enabled so driving coast to coast will take some extra time. You do have the option of having the supercharger access enabled for $2,500 (IMO, not worth it since its a lease).
     
  8. Filter

    Filter Member

    Joined:
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    United States
    Is this car still available?
     
  9. cwerdna

    cwerdna Active Member

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    Messages:
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    Location:
    SF Bay Area, CA
    Ditto. I've never heard of people asking for a down payment on a lease takeover.
     
  10. rdrcrmatt

    rdrcrmatt Member

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    Location:
    Milwaukee
    I'd be really interested if it had 19" wheels and supercharging.
     
  11. Dynastar

    Dynastar Member

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    Location:
    Billings, MT
    Yea, paying $2.5k for supercharging and $3k to activate the autopilot hardware just to have the car for less then three years doesn't seem worth it. For someone who doesn't care about either one of those things and plans to stay under the mileage limits this could be a good deal.
     
  12. Wknapp0924

    Wknapp0924 Member

    Joined:
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    Location:
    Oceanside, Ca
    Is it still available? I would be interested for 2k down because I would need to add autopilot and supercharging (a must for me) which would put me at 7500 down for the car.

    Also any pictures available?
     
  13. ForeverFree

    ForeverFree Member

    Joined:
    Jul 9, 2015
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    Location:
    Sherman Oaks, CA
    Might be of interest for my wife.

    We already have 85D for any longer trips. So, 60 without Supercharging would meet her needs.

    Biggest concerns:

    Getting non-Supercharged 60 from San Jose to LA area.

    21-inch wheels and greater susceptibility to tire problems.

    Interested in learning more, though. Pictures?
     
  14. minxstm

    minxstm Member

    Joined:
    Sep 3, 2015
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    Location:
    San Jose, CA
    The cars no longer available.
     
  15. FlatSix911

    FlatSix911 918 Hybrid

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    Location:
    Silicon Valley
    Congratulations ... can you share the details?
     

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