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Discussion in 'Model S: Ordering, Production, Delivery' started by Barry, Sep 28, 2013.
Curious as to what everyone thinks of tesla's lease option.
I do not ordinarily lease cars, I have always paid for them up front. So have not looked much at Tesla's leasing options.
It isn't really a lease. It is a purchase with a buyback clause. Works similarly on the surface as a lease however.
Cash is king...
No conventional lease pgm available, otherwise I would have considered it. Paying cash for it when it comes in.
Saved up for a few months and paid cash. That's a satisfying feeling not being a slave to the bank or the oil companies now.
Didn't know what best to click. I paid about 80% cash, had to finance about $14k.
Totally agree. That's why I let the bank hold the paper and I keep my cash! I know, I know. I'll pay more for it over time but in tomorrow's dollars and I'll let my greenbacks keep working for me in the meantime.
Let me re-phrase that...no debt, zippo, is king (along with cash :biggrin
Money was too cheap for us to not to go through a bank at 1.8% for 60 mos.
I paid cash. All of it very hard earned.
Not sure what to pick i'll pay for the MS upfront, then get it registered in my country and then get financing because the financing is not available for cars that don't have Estonian registration. So cash and financing
I think there should have been a 4th poll option . . as I'm curious to know what percentage of responders paid for their MS with the proceeds of TSLA gains !
(Perhaps that could be qualified as, say, 75% or more of the car's purchase price was derived from TSLA profits.)
First of all there is no lease option. Not that i would have taken it anyway. I was going to pay cash but was offered financing at 1.49%. To me that is like free money. I can do much better investing the $100k so I went with the financing.
secured line of credit = cash?
How did (or will) you afford the S?
I'm interested in seeing how you're able to afford, finance, or plan to save up for the S.
High paying job?
Winning the lottery?
Inheritance/come from a wealthy family?
Traded in your BMW/Mercedes/Porsche/other expensive car?
Living a frugal lifestyle?
I mainly want to hear the stories from the people who would never buy a car as expensive as the Model S but were converted into buying/saving up for it.
Thats asking for a lot of personal info on an open website, not sure you'll get many detailed replies. Who knows?
Saving up! + lots of overtime
Almost there! Just a few more months of hard work! The wait is killing me... I WANT IT NOW!
60% cash the rest financed.
We've been frugal. This is probably 2X what we've spent on cars previously. Really tired of gas, maintenance and second guessing myself any time a brass ring came by on the merry go round of life. Can't wait for my grin. Only 27 more days!