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Did you buy or lease?

Discussion in 'Model S' started by Darren Donovan, Jul 5, 2013.

  1. Darren Donovan

    Joined:
    Mar 25, 2013
    Messages:
    93
    Location:
    Central CA
    I've seen a a high ratio of leases vs. purchases with the other EVs, just wondering what the breakdown here with the Model S.
    Thanks,
     
  2. phat78boy

    phat78boy Member

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    Location:
    Phoenix, AZ
    I bought. You should start a poll, would be easier to tally the count.
     
  3. wormhole

    wormhole Banned

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    Mar 31, 2013
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    427
    Location:
    Westchester, New York
    well its not really a lease...it's really a purchase with a 3rd party financing option :) just to be clear. I bought before the finance option was available.
     
  4. EVNow

    EVNow Active Member

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    Sep 5, 2009
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    Location:
    Seattle, WA
    No need for a poll ;)

    I bought the car : 100%
    I leased it : 0%
     
  5. Btrflyl8e

    Btrflyl8e Active Member

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    Seminole, Florida, United States
  6. omarsultan

    omarsultan Active Member

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    Jun 22, 2013
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    Location:
    Northern California
    Bought - put on too many miles for a lease.
     
  7. qwk

    qwk Model S P2681

    Joined:
    Dec 19, 2008
    Messages:
    2,817
    Incorrect.

    I bet there are a few people who leased with a 3rd party company.
     
  8. onesixeight

    onesixeight Member

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    May 11, 2013
    Messages:
    155
    Location:
    Seattle, Washington, United States
    Has anyone done a traditional lease with Model S? Seems like even 3rd party leasing companies don't have enough long term residual data to lease Model S.
     
  9. olanmills

    olanmills Member

    Joined:
    Jun 20, 2012
    Messages:
    341
    I bought.

    I bet the vast majority of folks here will be in that category simply because an official lease option wasn't available until relatively recently and it's not available in every state anyway. Besides, it's not even a real lease program.
     
  10. wormhole

    wormhole Banned

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    Location:
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    Again, there is no official 'lease' option, its a finance option - a purchase with third party financing.
     
  11. Crispix

    Crispix Member

    Joined:
    Jun 24, 2013
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    Location:
    San Diego
    I thought you had to purchase in order to get the federal tax credit? Or am I wrong? Ok, that's why Google exists . . . and I found an article.

    So it looks like traditional leases will be unlikely because it's the leasing company that would obtain the credit and then presumably pass on the savings in the form of a lower lease payment.
     
  12. Jgdixon

    Jgdixon Member

    Joined:
    Jul 21, 2012
    Messages:
    887
    Location:
    Burlington, Ontario, Canada
    I leased here in Canada from a 3rd party company and I know a few others did too.
    I wasn't willing to commit to the really long term that I would have to have taken to get an affordable payment.
    I have rarely kept a vehicle more than 2-3 years. Usually I change models but I doubt I will this time! Just a newer S!
     

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