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Has anyone that got a Q3 '16 2 year lease deal started negotiating the turn in?

Discussion in 'Model S: Ordering, Production, Delivery' started by goofygrin, Apr 23, 2018.

  1. goofygrin

    goofygrin Member

    Joined:
    Dec 21, 2012
    Messages:
    30
    Location:
    United States
    I'm about 5 months out. I'm a ton of miles over (~10k so far over) and really like my car... but I'm not paying anywhere near the residual value.

    Has anyone reached out to US Bank to see what they'll offer to not turn in the car?
     
  2. Tdriver

    Tdriver Member

    Joined:
    Jan 20, 2015
    Messages:
    479
    Location:
    Palm Desert, CA
    Like me you probably got a great deal on the lease but 10k over really hurts. I doubt anyone is looking that far ahead.
     
  3. alloverx

    alloverx Member

    Joined:
    Mar 20, 2016
    Messages:
    783
    Location:
    Seattle
    I recall from other threads that some lenders did not budge on buy out price at end of-lease.
    I do recall that you can buyout a lease early as my neighbor was going down that route (was not a Tesla though).
    Can you lease another Tesla early, like other car makers will do sometimes.
    Presumably you can run some numbers to get a feel for the extra charge and then see what options that gives you.
     

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