Inv MS 90D for $665/month...$75k

[hmmm]

I was thinking the same thing, especially for all of us that got the impossibly cheap lease deals. They can extend it another year for all I care.

Actually, I'm hoping when the time comes to turn it in that the value is so far away from the pay-off that Tesla will negotiate the buy-out price. I think my residual is $82,000 and I don't believe 2015 P85Ds are worth that much right now, let alone in another year.

It's going to be an interesting time because 1) indeed the buy-out prices for these cars are way inflated as they stand. (hey, these lower lease payments have to come from somewhere...) and 2) there will be an increase in supply with these leases ending all around the same time.

I wonder if they will offer month to month lease extensions to give people time to find the right CPO? But that's probably asking for a bit much.

 

[McRat]

$19,500 off?
Model S 90D 5YJSA1E26HF190759 | Tesla

 

[hmmm]

Nice one. Payments down to $820 with ref discount.

 

[Rault18]

and its gone lol

 

[hmmm]

Another good lease candidate, loaded.

$24K off
$784 with referral discount.

Model S 90D 5YJSA1E21HF190670 | Tesla

 

[patrikr]

Another good lease candidate, loaded.

$24K off
$784 with referral discount.

Model S 90D 5YJSA1E21HF190670 | Tesla

Was looking at this all morning trying to decide and finally told myself "Stop thinking about it, just get it!" but now the price has gone up and it's $948 / month!! Seems they raised the sell price by about $8k

 

[IAmKai]

Another good lease candidate, loaded.

$24K off
$784 with referral discount.

Model S 90D 5YJSA1E21HF190670 | Tesla

What am I missing here? I don't see how this is $784/mo.

 

[hmmm]

Was looking at this all morning trying to decide and finally told myself "Stop thinking about it, just get it!" but now the price has gone up and it's $948 / month!! Seems they raised the sell price by about $8k

Yep. Tesla is a big fan of (very) dynamic pricing...discount is now "only" $19.6k. $948 is before referral discount though...ballpark, it's roughly $30 less once you add it, all else being equal.

 

[hmmm]

What am I missing here? I don't see how this is $784/mo.

it's back up to $948 before referral discount. The key here is that with Tesla leases, the residual is based off of the MSRP (before what Tesla calls the "showroom discount") while the non-residual portion (ie the one covered by the lease payments) is based off of the final, discounted price. In a way, the residual is "inflated" and this benefits the lessee.

So the higher the discount, as a percentage of the MSRP, the lower the lease payments.

 

[hmmm]

2 more
First
Currently $840/month incl ref credit.
In NYC.
$17.500 off

Model S 90D 5YJSA1E29HF190643 | Tesla

Another one @849/month

Model S 90D 5YJSA1E28HF190570 | Tesla

 

[Rault18]

I'm soooooo subscribed to this thread!!

 

[redan]

Great deal in Chicago - white with black leather, PUP, subzero + SAS! $892/month lease pre-referral credit. $80,950 net after Federal + referral credits. I'd be surprised if it lasts the day:

Model S 90D 5YJSA1E21HF190751 | Tesla

 

[redan]

The one with the biggest current discount is in Seattle, $19,900 discount - white with tan leather, PUP, subzero + 21" Grey Turbines! $910/month lease post-referral credit. $85,100 net after Federal + referral credits.

Model S 90D 5YJSA1E21HF190670 | Tesla

I feel like a kid in a candy store - wish I could have one in every color.

 

[hmmm]

Was looking at this all morning trying to decide and finally told myself "Stop thinking about it, just get it!" but now the price has gone up and it's $948 / month!! Seems they raised the sell price by about $8k

Down to $909 this morning...

 

[IAmKai]

it's back up to $948 before referral discount. The key here is that with Tesla leases, the residual is based off of the MSRP (before what Tesla calls the "showroom discount") while the non-residual portion (ie the one covered by the lease payments) is based off of the final, discounted price. In a way, the residual is "inflated" and this benefits the lessee.

So the higher the discount, as a percentage of the MSRP, the lower the lease payments.

Ah, yes, so I'm thankfully very familiar with leasing (not that I don't appreciate your explanation), but the problem here was that I didn't know that Tesla pricing could be so dynamic. Seems that simply by the time I clicked on the link, the price had changed. Which is crazy to me - that prices can change that fast. Guess I just have to get used to it.

 

[hmmm]

The one with the biggest current discount is in Seattle, $19,900 discount - white with tan leather, PUP, subzero + 21" Grey Turbines! $910/month lease post-referral credit. $85,100 net after Federal + referral credits.

Model S 90D 5YJSA1E21HF190670 | Tesla

I feel like a kid in a candy store - wish I could have one in every color.

Gone.

 

[hmmm]

Ah, yes, so I'm thankfully very familiar with leasing (not that I don't appreciate your explanation), but the problem here was that I didn't know that Tesla pricing could be so dynamic. Seems that simply by the time I clicked on the link, the price had changed. Which is crazy to me - that prices can change that fast. Guess I just have to get used to it.

I thought you meant "what am I missing? How can it be so low?".

And yes, very dynamic, it's been moving a fair bit today. I'm am trying to figure out some kind of pattern or variables (other than 90kwh). No luck so far but it's part of the fun.

 

[hmmm]

Was looking at this all morning trying to decide and finally told myself "Stop thinking about it, just get it!" but now the price has gone up and it's $948 / month!! Seems they raised the sell price by about $8k

That one is gone too.

 

[hmmm]

I think the price just dropped a bit on this one

$882
$82k
$17,900 off

Model S 90D 5YJSA1E24HF192302 | Tesla

 

[patrikr]

@hmmm Pls keep posting these, I'm waiting for the right deal to pull the trigger! Much appreciate your work!