I just read about this on the Tesla Financing page. So if you use their financing (~2.95% over 6 years) versus Alliant (~1.49% over 6 years) the founder will personally guarantee the top residual value of any of the big luxury sedan manufacturers.
This seems dangerous. BMW is absolutely BLOWING OUT their 2013 750Li machine right now. I was within a day of purchasing one and the residual on a car with an MSRP of $106K was 58% after 36 months! That is an astounding number and hence you could lease the big BMW for $900 a month for 36 months due to the extremely high residual.
We talked numbers with Audi for the A8L and they were at around 47% residual for 36 months. They dealer told me that couldn't touch the BMW leasing deals and that they were a posion pill - BMW would be dead in the water in three years trying to get $60K for a three year old car with 40,000 miles on the clock.
So if the Tesla guarantee is there that would mean they would be offering something like $60K for a $100K car after the 3 years. This would make purchasing an absolute no-brainer.
Hopefully I'm not understanding this incorrectly.
This seems dangerous. BMW is absolutely BLOWING OUT their 2013 750Li machine right now. I was within a day of purchasing one and the residual on a car with an MSRP of $106K was 58% after 36 months! That is an astounding number and hence you could lease the big BMW for $900 a month for 36 months due to the extremely high residual.
We talked numbers with Audi for the A8L and they were at around 47% residual for 36 months. They dealer told me that couldn't touch the BMW leasing deals and that they were a posion pill - BMW would be dead in the water in three years trying to get $60K for a three year old car with 40,000 miles on the clock.
So if the Tesla guarantee is there that would mean they would be offering something like $60K for a $100K car after the 3 years. This would make purchasing an absolute no-brainer.
Hopefully I'm not understanding this incorrectly.