Lease takeover of P85d 2014

[Alextariq]

Hi This car currently has 41k miles. Has around (15k left on lease)

- P85d 2014 Fully loaded with ap1.
-Six months left on the lease.
- Please check attached.

Current payment is $1039 per month. If someone would be interested in taking over the lease please contact me. Thank you.

 

[Cheburashka]

It's not possible to do lease transfer with 12 months or less left.

 

[Alextariq]

ok thanks for that. I didnt know. thanks

 

[Devondo]

If you still have it could I buy it from you for the residual?

 

[IGdawgI]

If you still have it could I buy it from you for the residual?

Why? Unless he placed a large down. From what I've noticed, Tesla used will discount it and add the 2 yearyear warranty. I could be wrong. Just screen shot the vin and check after the turn in ,usuall on Mondays.

 

[Devondo]

Why? Unless he placed a large down. From what I've noticed, Tesla used will discount it and add the 2 yearyear warranty. I could be wrong. Just screen shot the vin and check after the turn in ,usuall on Mondays.

I’m not super knowledgeable about lease takeover yet. Curious if it’s a viable option for some older ones like 2014

 

[IGdawgI]

I’m not super knowledgeable about lease takeover yet. Curious if it’s a viable option for some older ones like 2014

Generally, if you lease a vehicle using their standard lease pricing; not where you put more down to attempt to lower the monthly payment. There is a residual amount that you can pay if you choose not to turn in the lease.
In most cases, the dealers will take the lease back and attempt to sell it for that residual amount or more. Most cases, depending on the inventory, they would need to lower the price lower than the residual amount to sell it; more so on the mass produced vehicles.

Non Tesla related but I noticed it. I leased a 335 hybrid and the buyout upon turning it in was around $42k. It was in pristine condition when we turned it in. The dealer ended up listing it for 39k as a certified vehicle; About $3k cheaper. I don't know what it sold for, but I'm sure $39k was the asking price.

For Tesla, I noticed the same. Most of the 2015 used I've found were about $3k+ lower than the residual; and it included the Tesla Warranty. (You get get the residual info on previous posts in 2017, 2018 lease). That was 1 of my gauges on monitoring the prices.

In this situation, I cannot say.. but if OP can provide the residual amount, that could help out future potential buyers on this forum.

Thanks,

 

[IGdawgI]

Take this example: Not including money factor.

2.5 years left at $1,186/MO = $34,394 ROUNDED UP $35K benefit of the doubt straight line calculation
Buy out of $92,000 - $35,000= $57,000

Currently, you can get a 2016 90d for about $45k-$50k

Not a great example as I don't have the residual amount but we will use simple calculation on this situation. I'll try to find one later to give you more of an apple to apple comparison.


US Bank 36-month, 36K-mile lease (10,000 miles/year)
Lease origination: May 2016
Lease payment: $1,186/mo
Current miles as of Jan 24, 2017: 5,141.5
Location: N.VA

All-Wheel Drive
Midnight Silver Metallic Paint
All Glass Panoramic Roof
19" Wheels
Black Next Generation Seats
Carbon Fiber Décor
Black Alcantara Headliner
Supercharger Enabled
Autopilot Convenience Features (AP 1)
Premium Interior and Lighting
Smart Air Suspension
Ultra High Fidelity Sound
Subzero Weather Package
Original price: $102,000
Current buy-out: $92,000
VIN 5YJSA1E27GF128706