Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
  • Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
  • The final cut of TMC Podcast #27 is available now with topics time-stamped. We discussed: Consolidation in LiDAR manufacturers; Volvo EX90 shipping with LiDAR; FSD Beta Full Release in N.A.; FSD detecting autopilot cheats, Gwen Shotwell directly overseeing SpaceX Starship; and more. You can watch it now on YouTube. We should have it published to podcast networks shortly.

2021 Tesla Model Y (Lease Transfer)

I would say you can argue there is some benefit on a car you can buy at the end. But with tesla, you are literally paying a high down payment for the opportunity to rent the car from them. That 10k doesn’t give you any equity. But the sellers probably realizes that. He’s just at the wrong place to try to pawn it off on someone.

Sometimes Tesla lets you buy at end of lease but they withhold the authority to take the car back, so as of now I don't know if this car will be buyable at the end. Either way, if you're looking for equity, leasing is probably not the move for you. Better to buy.
Tesla does not offer buys; it’s only lease return

Just think about it logically: There's no downside for them to also reserve the right to offer a buyout when the lease expires (or even sooner). If their business model changes and they want to start offering lease buyouts, they can make that policy change overnight with absolutely zero downside. They also withhold the right to do it on a case-by-case, car-by-car basis. It ultimately just gives them more options financially.
The people on Leasetrader with $1K per month payments are also asking for down-payments, and they are often above $5K. Easy math: 20+ months of $480/month with $10K down VS $1K/month with $5K down. What's the better deal?
This is the exact reason why we are telling you to go to lease hacker. There are stupid leases on there. Just saying, you’re not gonna get anywhere on here. But good luck to you bumping it everyday.

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.