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2017 Tesla Model S 90D - Pearl White - Lease Transfer

Discussion in 'Tesla for Sale' started by ggss, Apr 17, 2018.

  1. ggss

    ggss Member

    Joined:
    Apr 17, 2018
    Messages:
    6
    Location:
    California
    Looking for someone to assume our 2017 Tesla Model S Lease. Leased the car from Tesla (showroom model with 2186 miles) in August 2017. Current Mileage is 7587. We need a bigger SUV.

    Car MSRP: $109,700

    3 year Lease expires: 08/28/2020 (28 months remaining)
    Miles Allowed: 36,000 (30599 miles remaining)
    Residual Value: $65,641
    Disposition fee (at lease end, not included in Lease): $395.00
    Monthly Payment including tax: $947.54

    Asking: $2500 down + lease transfer fee (negotiable)

    We are in the San Francisco Bay Area, CA.

    Disclaimer: Car recently had right (passenger) side tires/rim/suspension replaced. Hit a deep pothole on the freeway and tires burst (common with Tesla). All work was done by Tesla approved body shop, paid by insurance, and lifetime warranty by Tesla approved body shop for all work performed.
     

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  2. ggss

    ggss Member

    Joined:
    Apr 17, 2018
    Messages:
    6
    Location:
    California
    Sorry, I am unable to edit original post since I am a new member here. The lease payment is very low because I got a heavy discount at leasing (due to showroom model).

    Detailed car specs:
    Model S 90D (dual motor)
    Pearl White Paint
    Body Color Roof (no glass/panaromic roof)
    19" wheels
    Black Tesla Premium Seats (Heated / Cooled seats with Perforated Leather - no longer available)
    Dark Ash Wood decor
    Black Headliner
    Supercharger
    Enhanced Autopilot (current gen)
    72amp Charger upgrade
    Smart Air Suspension
    Premium Interior Package
    Premium Sound
     
  3. JayCee

    JayCee Member

    Joined:
    Nov 28, 2016
    Messages:
    56
    Location:
    San Francisco, CA (USA)
    Wish it had rear trunk seats!
     
    • Informative x 1
  4. ggss

    ggss Member

    Joined:
    Apr 17, 2018
    Messages:
    6
    Location:
    California
    Just called Tesla:

    Lease Transfer fee: $150 (credit application) + $500 (Lease Transfer) + tax = about $715
    Car Buyout Price: $88,026.86
     
  5. Brutaka

    Brutaka Member

    Joined:
    Nov 13, 2017
    Messages:
    115
    Location:
    Colorado
    It still shocks me to see how these cars depreciate like a rock. Less than 10k miles and it's already lost 20k. Holy cow.
     
  6. Amit519

    Amit519 Roadster dreams!!

    Joined:
    Feb 6, 2018
    Messages:
    213
    Location:
    NorCal, USA
    Hi @ggss,
    What was the actual sale price in the lease agreement and what was the showroom discount on the car? Knowing these will help me decide whether it is a good lease transfer.
    Thanks in advance.
     
  7. Amit519

    Amit519 Roadster dreams!!

    Joined:
    Feb 6, 2018
    Messages:
    213
    Location:
    NorCal, USA
    @Brutaka , I don't think $20K is the depreciation as the buyout of $88K may most likely be the actual sale price plus lease fees, MSRP was $108. Depreciation now that it is a "used" car, will actually be more if one tried to get an actual used car value.
     
  8. ggss

    ggss Member

    Joined:
    Apr 17, 2018
    Messages:
    6
    Location:
    California
    Original MSRP: $109,700
    Selling Price: $88,100
    Residual Value: $65641

    Hope this helps.
     
    • Like x 1
  9. Amit519

    Amit519 Roadster dreams!!

    Joined:
    Feb 6, 2018
    Messages:
    213
    Location:
    NorCal, USA
    @ggss will the free supercharging be transferred to the new lessee?
     
  10. ggss

    ggss Member

    Joined:
    Apr 17, 2018
    Messages:
    6
    Location:
    California
    It should be, Free supercharging is part of the vehicle (also on vehicle configuration page), not the owner.
     
    • Like x 1
  11. ggss

    ggss Member

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    Messages:
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    Location:
    California
    This is what Tesla says on Supercharging:

    “You have free, unlimited Supercharging for your current Tesla vehicle as well as any new Model S or Model X purchased before December 31, 2017. If you choose to sell your current Tesla, free Supercharging will transfer to the next owner. In addition, up to five friends you refer will also receive free Supercharging. Read our Supercharging terms.”
     
    • Like x 1
  12. Amit519

    Amit519 Roadster dreams!!

    Joined:
    Feb 6, 2018
    Messages:
    213
    Location:
    NorCal, USA

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