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Best Way to get out of Tesla Lease?

Discussion in 'Model S' started by trident, Dec 30, 2019.

  1. trident

    trident Member

    Joined:
    Feb 11, 2019
    Messages:
    170
    Location:
    Dallas, TX
    2019 S75D. HW3, FSD, 4,500 Miles.

    2 years left on lease. Do to illness in the family, driving has come to a virtual stop. Looking to get out of a Tesla lease with the most cash. Any thoughts appreciated.
     
  2. LAEVFAN

    LAEVFAN Member

    Joined:
    Nov 6, 2019
    Messages:
    6
    Location:
    Laguna Beach
    All I can say is GOOD LUCK. I wanted to get out of my 3-year lease just three months early, and was offered nothing at all. I was told I would have to make payments for the last three months whether I kept the car or not! Initially, I decided to buy a Model X in June even though my Model S could not be returned until September. I did that in order to get the higher tax credit. As it turned out my grand-kids did not like the third row of seats in the X (my primary reason for opting for the X was the third row), and I was fortunate enough to discover that during the first week of ownership. So I returned it for a full refund and bought my Model S in September.
     
  3. trident

    trident Member

    Joined:
    Feb 11, 2019
    Messages:
    170
    Location:
    Dallas, TX
    Thanks for the info.
     
  4. AEdennis

    AEdennis Active Member

    Joined:
    Jul 23, 2013
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    2,709
  5. trident

    trident Member

    Joined:
    Feb 11, 2019
    Messages:
    170
    Location:
    Dallas, TX
    Appreciate your response.
     
  6. ThomasD

    ThomasD Member

    Joined:
    Nov 22, 2019
    Messages:
    767
    Location:
    florida
    Check with your finance company to make sure that your name will be removed from the loan. On a swap Lease some companies will not remove your name off of the loan even if you don't own the car anymore. You will be responsible for the loan if the other person defaults.
     
  7. patrick40363

    patrick40363 Active Member

    Joined:
    Mar 25, 2014
    Messages:
    1,148
    Location:
    Cali
    You might try listing your current lease amount so if anyone on this site is interested they could contact you. If you list on a lease trader site you might have to offer a cash incentive.
     

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