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Lease discounts on Model S 75

Discussion in 'Model S' started by michaelwb, Jun 1, 2017.

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  1. michaelwb

    michaelwb Member

    Joined:
    Apr 2, 2013
    Messages:
    76
    Location:
    Los Angeles, CA
    New inventory cars are discounted by $100 or so -- not a big deal, compared to an identical custom order car.

    But on a lease, you can save thousands going for new inventory, thanks to a technicality:

    We Try Hacking A Tesla Lease: Save $3,200 (Or More!) On A Tesla Model S

    On a lease, the residual value is based on a percentage of the car's MSRP, not the selling price. In this case, the residual value of a pre-price-reduction inventory car is still based on the original, higher MSRP.

    Michael
     
    • Informative x 1
  2. whitex

    whitex Active Member

    Joined:
    Sep 30, 2015
    Messages:
    1,824
    Location:
    Seattle area, WA
    Not too long ago, some folks got great leases on P90DL's this way. One person reported getting a fully loaded P90DL lease for $745/month with $6K down (here). IIRC it was on the discounted P90DL's after P100D came out, but as you say, the residual value was based on MSRP so the discount all goes into the cap cost.
     

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