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New Lease Programs 24 month

Discussion in 'Model X' started by zackmilo, Aug 20, 2016.

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  1. zackmilo

    zackmilo Matching X+3

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    Tesla just announced a new lease program, and I think very highly of it. It is 24 months and I think they are taking the right path and I was always waiting for a shorter lease term. What are your guys thoughts?
     
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  2. Xenoilphobe

    Xenoilphobe Active Member

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  3. zackmilo

    zackmilo Matching X+3

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  4. Scrith

    Scrith Member

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    Keep in mind you won't be eligible for the $2500 California Clean Air rebate with a lease term of only 24 months.
     
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  5. Xenoilphobe

    Xenoilphobe Active Member

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    California ran out of rebate monies - so even if you are eligible their is no cash to payout for now.
     
  6. outie

    outie Active Member

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    Besides being a shorter term, there's no benefit for this program for any new or inventory X as the MF and residual are not favorable. I don't think there's any X discounted enough to get a deal. It's not much cheaper than 36 month lease. They announced this program mostly to attract model 3 reservation holders to get a Tesla now.
     
  7. cwerdna

    cwerdna Active Member

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    Correct. Needs to be a lease from the start of at least 30 months.

    I posted about this at New 2 year lease offer?.
     

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