Hi For those who went with leasing option, can you let me know your experiences. If I spec out a 70D, according to Tesla Website, the leasing is 951 per month for 36 months with approx. 6.8k down @ 15k miles per year. I read that if I exceed that, which I know I will, it will be 0.25 cent per mile. Let say I do exceed that and I end up going 20k per year, end up costing 1250.00 per year. At the end of the 3 years lease, if convert to purchase how is that calculated? At the end of the 3 years lease, if I don't purchase I will be paying 1250 x 3 only due to the over charge right? A friend who usually lease a BMW and Mercedes said for him when he go over his mileage on the lease, as long as he purchase the vehicle or get a new lease, they usually omit the over mileage charges. Any idea if Tesla will do the same? In California, we get 2,500 rebate, which is a good thing. I read one post, which make sense and leasing me toward a lease is the fact Tesla is a very technology vehicle. In 3 years who knows what battery efficiency will be like so why put down 90k for it now. Thus I am leaning toward a lease. I have never lease a car before, always purchase new ones. So this will be my first time. Not sure what to look out for. Any advice will greatly be appreciated. - - - Updated - - - By the way, I came across these threads for someone who have similar questions http://www.teslamotorsclub.com/showthread.php/44786-Non-Tesla-Leasing-Options?p=991083&viewfull=1#post991083 http://www.teslamotorsclub.com/showthread.php/37890-New-U-S-Bank-lease-and-Federal-Credit?p=808624&viewfull=1#post808624 I think that these posts have in common for me is they didn't calculate or their states didn't offer the $2,500.00 tax rebate. So leasing a vehicle is no difference than buying a used 85D, in both case if you end up buying the car, you don't get the federal tax. But with leasing, you at least gain the state rebate. Interesting...... How about insurance and service. I assume with leasing you treat it like you own it and service as normal? Same goes with insurance?