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Leasing - Is yearly maintenance required?

Discussion in 'Model S: Ordering, Production, Delivery' started by Racerx22b, Jan 15, 2015.

  1. Racerx22b

    Racerx22b Member

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    I was told by my DS that I will be required to have the yearly maintenance performed as part of a lease program. I don't see this anywhere on the Tesla website.

    Can anyone confirm if this is accurate? Other than oil changes (which I could've done myself), I've never been REQUIRED to return a vehicle for service as part of a lease program. I am finding this odd.

    This is all the info from the Tesla website with regards to leasing:

    Leasing
    Tesla leasing is a three year program with 12,000 and 15,000 annual mileage options. A $5,000 down payment, $695 acquisition fee, and the first month’s lease payment is due when picking up your Model S. A $395 disposition fee is required when returning your Model S at the end of your lease.
    Every lease comes with Tesla’s Happiness Guarantee. If you don’t like your car for any reason within the first three months, you can return it and your remaining lease obligation is waived. While you cannot immediately lease another Model S, you can upgrade to a higher optioned Model S for a fee to cover the new vs used value difference. Contact us for more information.



    Jason
     
  2. Racerx22b

    Racerx22b Member

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    Nearly 200 views and nobody has a response?
     
  3. patrick40363

    patrick40363 Member

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    You need to see what the lease agreement spells out on the form from US Bank. I have a current lease with US Bank and am not required to do service at a dealer.You are not required to do the annual service to maintain the warranty so it sounds like it is up to you.
     
  4. Racerx22b

    Racerx22b Member

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    #4 Racerx22b, Jan 16, 2015
    Last edited: Jan 16, 2015
    They are making it seem as if I won't see this agreement until I get the car.

    The rep at auto finance and my DS both confirmed without a shadow of a doubt that the yearly maintenance is REQUIRED with a lease.

    It's not a $$$ thing, I just think it's ridiculous they have this requirement and don't explain it on their website.

    EDIT: Just called a few Tesla company stores and all have confirmed this requirement. So I asked what the penalty is if you don't do it. Well, they don't really know. They explained you would just have to pay extra when you turn in the car to cover the increased drop in value due to not servicing the vehicle. But how much you'd have to pay is UNKNOWN.

    So Patrick40363, if you leased through Tesla, you are required to perform the service. You may want to check your agreement as they confirmed this has been a requirement from day 1.
     
  5. Racerx22b

    Racerx22b Member

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    #5 Racerx22b, Jan 16, 2015
    Last edited: Jan 16, 2015
    UPDATE:

    Just received a phone call back from a Tesla store and was told that if I elect to not perform the routine service and the car requires some type of mechanical repair when I turn in the lease I will have to pay for it assuming the defect was a result of not performing the routine service.

    So, I mentioned the car is warrantied for 4yrs regardless of whether or not the routine service is performed so I don't understand why I would be responsible for paying for repair work that is covered by the factory warranty. If I rolled the car in 36 months after purchasing it via cash/finance, and it needed a PILE of work, I would not have to pay a dime for the repairs.

    Why is this different with a lease?
     
  6. muuwzik

    muuwzik New Member

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    Very strange they would require that. I am about to lease with a March delivery and wasn't planning on doing the maint. program. I was not told that I have use the maint. program, but I haven't signed my papers yet either.
     
  7. patrick40363

    patrick40363 Member

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    My current lease is not with Tesla. It ends in March when I pick up my Tesla. I am purchasing my Tesla instead of leasing. Leasing through Tesla is a bit rich for me. Good idea when you lease to not put any money down. My current lease was no money down.
     
  8. Ohm's Law

    Ohm's Law Member

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    It does not make sense, you get a three year lease but the Yearly Service contracts are for four years. Why pay for the extra year?

    My last vehicle was serviced completely free by BMW for the full 3 years including brakes except tires; it was perhaps bundled into the lease payment.
     
  9. svp6

    svp6 Member

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    You do not have to pay the 4 year service agreement with discounted price. Just do yearly service - pay as you go. You will end up doing 2 services (end of year 1 and end of year 2) as at the end of the 3rd you turn in your car.

    I lease my P85D.
     

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