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 or making a Paypal contribution here: paypal.me/SupportTMC

Improved Leasing with US Bank

Discussion in 'Tesla Motors' started by Skotty, Oct 28, 2014.

  1. Skotty

    Skotty 2014 Model S P85

    Joined:
    Jun 27, 2013
    Messages:
    1,440
    Location:
    Kansas City, MO
  2. ggr

    ggr Roadster R80 537, SigS P85 29

    Joined:
    Mar 24, 2011
    Messages:
    2,479
    It's been discussed in various other threads. Basically the difference is:
    1. It's a true lease, rather than a personal loan/buyback that looks like a lease. Thus US Bancorp actually owns the car.
    2. US Bancorp gets the $7500 fed tax break and can take it off the capital cost of the car, thus reducing the lease payments
    3. With more experience of the used Tesla marketplace, they attribute a higher residual value to it, also reducing the lease payments.
     

Share This Page