Significantly Improved Leasing for a Tesla with US Bank | Blog | Tesla Motors Maybe I just missed it, but I didn't see any forum posts on the announced improved leasing through US Bank. Anyone have any insight into how it compares to what was available previously?
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.