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Model S Lease Speculation Thread

Discussion in 'Model S' started by Rifleman, Aug 27, 2012.

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  1. Robert.Boston

    Robert.Boston Model S VIN P01536

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    As the leasor, you can't claim the credits. But Toyota can (at least the Federal credit), and that should be reflected in a reduced lease rate.
     
  2. Lloyd

    Lloyd Well-Known Member

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    My take was that Toyota was not willing to take the risk that the tax credit would be there when they went to file their taxes at the end of the year. They give you the credit, and then they have to file on their taxes at the end of the year. If Toyota has a tax loss for the year, then perhaps they can't claim it!

    - - - Updated - - -

    I believe you meant Leasee.. Normally the leasor (toyota) gives the Leasee (you) the credit in the form of a cap reduction on the front end of the lease.
     
  3. DrTaras

    DrTaras R254->R725->S->X->M3-->R2020?

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    How can we have an alert when this happens?
    http://www.nadaguides.com/cars/2012/Tesla-Motors
     
  4. gg_got_a_tesla

    gg_got_a_tesla Model S: VIN 65513, Model 3: VIN 1913

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  5. FalconNinetyD

    FalconNinetyD Active Member

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  6. jive_devil

    jive_devil Member

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    A quick update for those still interested in this issue:

    - My local Toyota dealer in So Cal has received their ERAV4 terms and they will pass on the federal/state credit via the lease.

    - A recent call to Tesla HQ revealed that Tesla is looking to release the terms of their lease package (partnering with some financial institution) in the first quarter of 2013.
     
  7. DrTaras

    DrTaras R254->R725->S->X->M3-->R2020?

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    Swear I was thinking the same thing after I read that article about the lawsuit(s)!
     
  8. KingsDude

    KingsDude Member

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    Anyone have an update on this? I'm sitting on my confirmation to finalize my tesla b/c I really want to lease it. I can finalize it, but if there are no options to lease the car by the time they deliver (feb/march), then I'm stuck purchasing the car which I don't want to do.

    Anyone have any ideas?
     
  9. NigelM

    NigelM Recovering Member

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    Personally I think there is little chance that a lease program will be in place by Feb/March. Tesla has this financing deal in place but if that's not an option for you, I think I'd take a deferral.
     
  10. KingsDude

    KingsDude Member

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    I assume nothing new has come out with this, right?

    Still on the fence and I have to figure out whehter or not I want to configure mine or just wait until I know the lease is coming up. They said that if I defer and then order later, it would be about 60-90 days until that orders get finalized and complete.
     
  11. jive_devil

    jive_devil Member

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    I am in a similar boat with you - holding off for the lease but more in the hope of upgrading to a larger battery pack.

    I spoke with a different specialist this week (same person who contacted me to finalize my order), and he said they could not guarantee the leasing plan would be announced by Q1/2013 and recommended the deferral. A non-update. I think the next update we will get will be on the quarterly call in November.
     
  12. Raven

    Raven Member

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    Thanks for this! I've been with PFCU for decades and had no idea. As of now they still don't have the payment saver loan for Tesla but I'll keep watching.
     
  13. KingsDude

    KingsDude Member

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    Yeah - I am going to defer for another few months until lease details are released. Don't want to purchase this car b/c I'm not sure how technology will progress in the future.
     
  14. Bamashrink

    Bamashrink Member

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    gonna lease as well
     
  15. Eeyago

    Eeyago Member

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    Slightly Different...

    I was told by a PenFed rep that the Tesla won't be considered for this loan plan because it is considered a "Smart Car", which doesn't fall into their rules. Had the rep speak with an underwriter to verify. So sounds like we're all getting conflicting stories.
     
  16. Bamashrink

    Bamashrink Member

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    Crap, i ran the numbers with a porsche intead for comparison and that would be an awesome loan
     
  17. ckessel

    ckessel Active Member

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    Given there are no Tesla dealers and Tesla's icy relationship with NADA, I wouldn't expect NADA to ever list a residual for the Model S.
     
  18. mdh

    mdh VIN 2747 P4679

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    i wonder when TM might offer a lease?
     
  19. Robert.Boston

    Robert.Boston Model S VIN P01536

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    I doubt Tesla will ever offer a lease. They will, however, announce a leasing partner sometime next spring.
     
  20. Raven

    Raven Member

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    FWIW, I was told by Tesla reps at the CO store that leasing will come in January through Wells Fargo. Obviously semi-unofficial but it would be nice to see.
     

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