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Did I get a "good" lease deal?

dakine1

Member
May 26, 2017
50
64
phoenix, az
I ordered a "Inventory" Model S Last week

Specs:

S 75
Midnight Silver Metallic
Glass Roof
19" Slipstream Wheels
Black leather premium
Carbon Fiber trim
Enhanced AP
Premium interior package
50 miles

MSRP was 90,250

Vehicle was marked down to 82,050 - referral = 81,050

Lease is 36 months 5k down, 930 month (including sales tex)

money factor is .00021 (5.04%) and residual is 54,430

Seems like a decent deal, just making sure im not missing anything!
 

hmmm

Member
May 12, 2015
884
593
Driver Seat
I went the inventory route too as the discount off MSRP has a significant positive impact on lease payments (as you know). These looks like "good" numbers to me.

Just curious, how did you find it? Tesla site? Third party site? Direct interaction w/ someone at Tesla who found you an "offline" car?
 

Tforme

Member
Mar 30, 2017
236
245
Spring Lake Fl
That "discount" off MSRP is misleading. If you currently configure the same car it's MSRP is $82550. Only $500 discount. The higher MSRP may have been from the higher base price of the 75 before the recent price reduction.
 

OilSucks

Member
May 29, 2017
191
164
Northern California
I haven't found the Inventory cars to be any better in price vs. a car you customize and get everything you want. I found that while I could get a car right away, I'd either have to give up the Dual Motor (which I can't imagine after test driving a D configuration) or the color of my choice or one of the FSD capabilities. Might as well get the car you want if you are going to drop this type of cash on it.
 

hmmm

Member
May 12, 2015
884
593
Driver Seat
@Tforme and @OilSucks

You both make good points, but are missing the specific point re. leases, and no, I don't mean to start another one of these lease vs. buy debate :)

When leasing, the residual amount is calculated based off of the MSRP. The lease payments however are calculated based off of the final discounted sale price. Because of this, you're benefiting from an "inflated" residual so the higher the discount (as a percentage of the MSRP) the better as this will reduce your payments. That math is a key reason to look at inv. cars when going down the leasing route.
 

MS16

Member
Jan 23, 2017
330
352
Calif
I ordered a "Inventory" Model S Last week

Specs:

S 75
Midnight Silver Metallic
Glass Roof
19" Slipstream Wheels
Black leather premium
Carbon Fiber trim
Enhanced AP
Premium interior package
50 miles

MSRP was 90,250

Vehicle was marked down to 82,050 - referral = 81,050

Lease is 36 months 5k down, 930 month (including sales tex)

money factor is .00021 (5.04%) and residual is 54,430

Seems like a decent deal, just making sure im not missing anything!

Sounds high to me for a 75 non D. What % is the sales tax?
 

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