TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker or making a Paypal contribution here: paypal.me/SupportTMC

Anyone who plans to lease should read this

Discussion in 'Model S' started by xav-, Aug 21, 2016.

  1. xav-

    xav- Member

    Joined:
    May 26, 2016
    Messages:
    422
    Location:
    Orange County CA
    I have always criticized the lease for the model S. I always made one exception though: demo P90Ds.

    Well it turned out that demo P90Ds got even cheaper to lease with the 24 month deal.

    Why is the deal much better? Well that's because when leasing the residual value is based off MSRP. So when you get the car for a $30k discount (20 pc off) like you do on a demo (pre facelift) P90ds, the cost of leasing goes down by an order of magnitude higher than the sale price. Leasing BMWs is a very popular thing to do.

    I don't want to spend $1k on a car every month so this is not for me. But I thought hey.. For those who are about to lease their model S and are not planning to keep it.. Well they may want to consider that instead. The car is a demo but who cares? It's covered by warranty.. And it's a lease. Because I mean paying $850 a month for a $140k MSRP car over $700 for a $75k MSRP car..?

    Another point is this could be much easier to swap the lease if needed.

    There are some cars left, but I suspect tesla employees will pick up some of them. They know all include ludicrous and the payment has jumped by $100. I believe $800 to $900 a month.

    Please check out this thread:
    Snagged a P90D Inventory car for $700/mnth on the new 24 month lease
     
  2. goofygrin

    goofygrin Member

    Joined:
    Dec 21, 2012
    Messages:
    28
    Location:
    United States
    Unfortunately in colorado you can't title a car with over 1500 miles as new =(
     
  3. xav-

    xav- Member

    Joined:
    May 26, 2016
    Messages:
    422
    Location:
    Orange County CA
    You may want to check their website they may have several with under that amount or give them a call
     

Share This Page