TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC

How do Tesla leased cars end up at dealers

Discussion in 'Model S' started by irvineboy, Dec 11, 2016.

Tags:
  1. irvineboy

    irvineboy Member

    Joined:
    Feb 9, 2015
    Messages:
    211
    Location:
    Irvine, CA
    See a one owner lease at an Audi dealer for sale. I thought when the Tesla lease is up, it goes back to Tesla and they decide what to do with it. Do they usually sell the car to non-Tesla dealers instead of selling it themselves?
     
  2. yamanote

    yamanote Member

    Joined:
    Jan 20, 2016
    Messages:
    62
    Location:
    Vancouver BC
    Likely a trade-in by the owner. Dealer pays off the car for the customer, puts him into a new car with his (potentially negative) equity factored in, then either puts it on their lot to sell or the car goes to a dealer auction.
     
    • Informative x 1
  3. murphyS90D

    murphyS90D Member

    Joined:
    Jul 2, 2016
    Messages:
    193
    Location:
    Horsham, PA
    The car is owned by the leasing company, not Tesla. Tesla got its money up front.
     

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC