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Bolt leasing details, with hot money factor action!

Discussion in 'Electric Vehicles' started by e-FTW, Nov 22, 2016.

  1. e-FTW

    e-FTW New electron smell

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  2. BluestarE3

    BluestarE3 Active Member

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    Shouldn't this be in Electric Vehicles rather than Model 3 Ordering, Production, Delivery?
     
  3. e-FTW

    e-FTW New electron smell

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    You may have a point there.
     
  4. ecarfan

    ecarfan Well-Known Member

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    The moderators can't read every post made on TMC every day. If you want to bring something to their attention, such as moving this thread to the correct forum, use the Report button.

    I just reported this thread so that it will get moved.
     
  5. McRat

    McRat Active Member

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    #5 McRat, Nov 23, 2016
    Last edited: Nov 23, 2016
    I have never leased a car, and we normally pay cash, but that is mighty attractive just to use as a golf cart... :D

    To put it in perspective, GM is pushing them out at less than 1/3 the price of the Model S 60 in black on the exact same lease.
     
  6. EV-lutioin

    EV-lutioin Active Member

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  7. McRat

    McRat Active Member

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    What don't you understand?
     
  8. Zaphod

    Zaphod Galaxy President (former)

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    Money factor is essentially equivalent to the interest rate on a loan. Multiply by 2400 to get equivalent APR.

    0.0005 = 1.2%
     
  9. e-FTW

    e-FTW New electron smell

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    Oh god no! Why, why! Now I won't be able to store useless car facts in that empty slot in my brain. ;-)
    Seriously, thanks for that.
     
  10. Boourns

    Boourns Member

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    That is a pretty competitive money factor. Hopefully this will encourage more first-timers to make the EV plunge.
     

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