Leased Model S 100D (AWD, Midnight Silver, White Interior) - Vancouver, Canada

[jayenzee]

Looking to get out of this lease and buy a Model 3. Here are the specs:

Currently I have 11 months with ~8000 km driven on the 36 month 16000 km/yr lease. Monthly payment is ~$1681, and I put down $27k upon delivery.

I work from home so there's very little wear and tear on it - there's some scratches on the bottom-right corner of the car's front bumper, but other than that it's in perfect condition.
Also comes with a Thinkware F800 Pro Dash Cam (+ rear cam) which was professionally installed (wires hidden).

I'd like to sell this lease for $20k OBO, contact me if you're interested!

 

[jayenzee]

I should also note it's a 2017 Model S. Let me know if you have any questions about the car.

 

[jayenzee]

Attached are a couple images of the car.

 

[jayenzee]

Bump

 

[Tes La Ferrari]

Bump

do you have 11 months left on the lease ?

what is the current buyout and the buyout at the end of the lease ?

 

[Tes La Ferrari]

do you have 11 months left on the lease ?

what is the current buyout and the buyout at the end of the lease ?

Also, does it have free lifetime supercharging (transferrable? )

 

[jayenzee]

do you have 11 months left on the lease ?

what is the current buyout and the buyout at the end of the lease ?

I've been on the lease since September 21st 2017, so there's ~25 months remaining. Here's the buyout details from the lease agreement:

Your first monthly payment of $1,601.64 is due on 09/21/2017, followed by 35 payments of $1,601.64 due on the 21 of each month. The total of your monthly payments is $57,659.04, and the “end of lease purchase option amount” (see item 23) is $75,876.50, for a total amount of $133,535.54, being the implicit charge.

The monthly payment changed last month to $1,681.72 due to the recent change in taxes in BC.

Also, does it have free lifetime supercharging (transferrable? )

I don't believe 2017 cars have transferrable lifetime supercharging, unfortunately.

 

[Tes La Ferrari]

PM sent

 

[jayenzee]

Bump.

Also I should note that the base monthly payment amount is $1,392.73 - I currently pay ~$1681 due to taxes (24 payments left). If you live in another province this amount may be different.

 

[Dan43]

Good luck has this moved on as yet?

 

[jayenzee]

I've gotten a good trade-in offer from Tesla and will be taking it.

 

[Dan43]

Oh nice, actually thats good to hear with all the other offers being seemed as low. Any chance you are happy to let us know the ballpark, so interesting trying to gauge private and CPO and then dealer pricing on used Tesla.

Good to hear mind

 

[jayenzee]

Here's the buyout information I was given by my Owner Advisor:

Tesla Dealer Buyout
$132,345.00 Gross Cap Cost
-$11,156.17 Principal Portion of Payment Made
-$23,000.00 Cap Cost Reduction
$98,188.83 Adjusted Lease Balance
$0.00 % Sales Tax
$0.00 PPT (BC)
$0.00 Outstanding A/R
$0.00 Overpayments
$0.00 Disposition Fee
$0.00 Tax on Disposition Fee
$98,188.83 Total Due

Good Thru 09/20/2018

Your trade-in is $114,600. That puts you at $16,412 positive equity. Factoring into your $23k down-payment, that’s your negative equity so to speak.

So of my $23k downpayment, I'm basically getting $16k of it back from Tesla, meaning the true cost of my lease was basically $7k + the monthly payments.

 

[Dan43]

Nice work, I sold my S75 RWD AP1 refresh 2016 car (got it for a great deal from Tesla originally) for the same I paid for it, 14 months later (sold to move for new job).

I'm looking for a used S or X in Vancouver, but used prices seem quite strong to me, but to be fair it is all relative.

Glad to see/hear its worked out ... ;-)