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Lease Takeover: 2015 Model S P90D w/ Ludicrous and Fully Loaded

Discussion in 'Tesla for Sale' started by go_tesslaaa, Mar 23, 2017.

  1. go_tesslaaa

    go_tesslaaa Member

    Joined:
    Mar 23, 2017
    Messages:
    8
    Location:
    San Jose
    I love this car and don't really want to say goodbye but I think it's the right thing to do.

    Fully loaded 2015 Model S P90D with Ludicrous mode. Monthly payment is $569 + tax (about $50 in CA) but I'm also asking for a payment of $9000. 18 months left on the lease which ends 10/1/2018. 12k miles remaining on lease. 28k total miles on the car, mostly used by Tesla before I got it. MSRP for this car is over $130k. Residual/payoff amount at end of lease is $84,912.

    Factoring in the $9k I'm asking for your cost over 18 months would be ($9k / 18) + $569 = $1,069/month. That's a great deal for this car. I don't think you'll find a better deal and if you do let me know and I'll see what I can do to match or beat it.

    Dual Motor All Wheel Drive
    Ludicrous Mode
    All Glass Pano Roof
    21" Grey Turbine Wheels
    Grey Next Generation Seats
    Carbon Fiber Decor
    Black Headliner
    Carbon Fiber Spoiler
    Tesla Red Break Calipers
    Unlimited Free Supercharging
    Tech Package with Autopilot (HW1)
    Smart Air Suspension
    Premium Interior Package
    Ultra High Fidelity Sound
    Subzero Weather Package

    [​IMG]

    [​IMG]
     
    • Like x 1
  2. SD_Engnr

    SD_Engnr Member

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    Location:
    San Diego
    Highly interested and sent you a message.
     
  3. Markk993

    Markk993 Member

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    Location:
    Las Vegas
    Like the low payment of course but between 18 months @1069 and the end of lease payoff it comes to over 104K... Considering you can get a P85D in the high 80s.. it doesn't seem like that great of a deal for me anyway... GLWS
     
    • Like x 1
  4. SD_Engnr

    SD_Engnr Member

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    I agree, but as a short-term option, it's not bad. You finish the lease off, and then in 18 months, you decide you either really like the car and want to pay the $84k, or you look at similarly spec'd CPO's that should be priced less than $84k.
     
  5. ginstwin

    ginstwin Member

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    Mar 27, 2013
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    35
    Location:
    Dallas,Tx
    Nice car . The issue to me is the remaining mileage. 12000 left over 18 months is 666 miles per month. An out of state buyer would be lucky to be left with 575-600
     
  6. SamT

    SamT Member

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    Location:
    Northern Virginia
    Was ludiscrous mode added after you got the car? It is not listed on the spec sheet.
     
  7. patrick40363

    patrick40363 Member

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    Location:
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    I would be interested without the $9K payment.
     
  8. Brewcitpizza

    Brewcitpizza Member

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    Location:
    Waukesha WI
    I agree that while that may be a great payment for that P90Dl. The high miles you have on it really hurt the value. And the fact that you only have 12000 miles left on an 18 month lease.

    Which I guess really don't doesn't matter if you end up buying it out at the end. But what you're essentially asking for is 104000 for a car that's worth probably in the ballpark of 90 thousand private party. With 28,000 miles on it of course.

    I too am interested in it but at a much lower down payment. As I would be shipping it or driving it close to 1500 miles to where I live
     
    • Like x 1
  9. byeLT4

    byeLT4 Member

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    I'd be interested with a smaller down payment. What is the cost per mile over the lease as I'm sure I'd go over.
     
  10. go_tesslaaa

    go_tesslaaa Member

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    Location:
    San Jose
    I agree, this car isn't the best deal if you plan to purchase it. From my experience lease to buy is never as good a deal as just buying.

    But if you want a lease this is a great deal in my opinion.
     
  11. go_tesslaaa

    go_tesslaaa Member

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    Location:
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    A couple of people have mentioned the low mileage. That's correct, not a lot of miles left on the lease term. About 12k miles over 18 months. This has been discussed in other places in this forum but Tesla leases are really weird in that getting 10k miles/year and paying .25cents/mile for another 2k or 5k miles is actually cheaper than going for the 12k or 15k miles/year option. So I went for the lower mileage expecting to pay for overage.

    For anyone interested in this car think about how many miles you'll drive it and factor that into your cost.

    Even with that cost I'd bet this is better than any other lease deal (as long as you don't have some absurd mileage estimate). For example, for 1k miles/month that's an extra 333 miles * .25cents = $83.25 / month. So all in it's about $1152 / month. Like I said, if you find a better lease deal I'd be willing to at least match if not beat it.
     
  12. go_tesslaaa

    go_tesslaaa Member

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    Well, I'm not really asking 104k :) This is a lease so you have to look at the monthly payment. This isn't the best deal if you want to purchase at the end... but what lease deal is.

    Shipping cost would definitely throw things off a bit. Not sure how much shipping is but it does make this a less attractive offer.
     
  13. go_tesslaaa

    go_tesslaaa Member

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    This was a car used by Tesla. I think it was a P85D+ and upgraded to P90DL. But that was all done before I got it. My DS told me it seems like they just never updated it in their system for some reason. But I confirmed it's a P90DL and I'll post an image to prove it.
     
  14. Brewcitpizza

    Brewcitpizza Member

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    Could you post a pic of the actual window sticker?
     
  15. byeLT4

    byeLT4 Member

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    I see how your miles/month makes sense for someone who won't put a ton of miles on the car. I average about 1200 miles a month on my current car but I'd be worried in the new (to me) car that number would go up for the first few months, plus the trip back to Texas LOL!
     
  16. go_tesslaaa

    go_tesslaaa Member

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    Totally understandable :)
     
  17. ginstwin

    ginstwin Member

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    I live in Texas and I was interested in this car however after research I discovered that not only would i pay tax on the monthly (which is understandable ) but also tax upfront on the residual. That adds $6000 (over 18 months) to the monthly payment for a Texas resident giving a monthly payment extrapolated of $1400 which clearly wouldnt work .

    I think the spec on the car is first rate and the tax issue of course is not the sellers fault in any way at all.
     
    • Like x 1
  18. SamT

    SamT Member

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    what is the buy out price? Might be more desirable than leasing.
     
  19. go_tesslaaa

    go_tesslaaa Member

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    I believe buyout price is around 89k which isn't really a good deal. I still think this is only a good deal as a lease.
     
  20. patrick40363

    patrick40363 Member

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    How many miles on the tires?
     

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