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Potential 2017 Model S P100D Lease Deal - Need Input!!

Discussion in 'Model S' started by carfan1523, Mar 29, 2018.

  1. carfan1523

    carfan1523 Member

    Joined:
    Mar 27, 2018
    Messages:
    10
    Location:
    New York
    Hi All,

    I currently reserved a 2017 showroom Model S P100D. Below are the details of the car and lease deal:

    Blue exterior with white interior
    Premium package with upgraded sound and heated seats
    I chose to take off the Autopilot and the big rims as I don't care about either of these items.

    The MSRP is 153k and it is price adjusted 44k where the after price adjusted car is 109k

    The lease is for 36 months at 10k miles a year where I end up paying $840 a month and about 9k at signing which includes the 5k down payment, taxes and all the fees. I do not drive a lot which is why I went with a 10k option and I plan on deducting all of the lease to my business.

    Is this a good deal? Would love to get your input!!
     
  2. Qbenjamin

    Qbenjamin Frugal But Classy!

    Joined:
    Jan 7, 2017
    Messages:
    1,117
    Location:
    Braavos
    Depends on how you define a deal? Considering that it's a really expensive car, it's essentially a toy for most people that can afford it. I'd never put that much money down on a leased vehicle, but $10K may mean significantly less to you than it does to most. If it's really what you want, the monthly payment isn't bad at all for the model that you're looking at, but you do have to put down a hefty chunk of change. If you look at the deal overall, a P100D for $109K is a very good price (notice I didn't say "deal").
     
    • Like x 1
  3. GatorGuy

    GatorGuy Member

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    Location:
    Jacksonville
    • Like x 1
  4. P85Dave

    P85Dave Member

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    Jan 30, 2018
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    Location:
    McLean, VA
    #4 P85Dave, Mar 29, 2018
    Last edited: Mar 29, 2018
    Just realize that god forbid the car is totalled, you essentially lose everything you put down unless you buy out the lease and then collect from insurance and that might not even make sense based on depreciation. Whenever possible, when leasing, pay as close to $0 down as possible - especially if the lease is a business deduction.

    Other than that, it is a decent price for a showroom P100D.

    I'm curious, what is the residual that they are quoting you and is it a 2 year or 3 year lease?
     
  5. Evil Twin

    Evil Twin Member

    Joined:
    Feb 21, 2018
    Messages:
    262
    Location:
    Los Angeles
    I would kill for a deal like that....my sales advisor is useless. Give me your guy's number!
     
  6. HA3AP

    HA3AP Member

    Joined:
    Jan 25, 2018
    Messages:
    111
    Location:
    TORONTO
    FYI I paid 109k + 13% tax for a custom order 2018 model S 75D with AP and Premium interior here in canada. so yes 109 is an AMAZING deal...
     
  7. isjka

    isjka Member

    Joined:
    Oct 7, 2017
    Messages:
    89
    Location:
    Chicago
    You better take this or someone else will. Killer deal.
     
  8. Fusion

    Fusion Member

    Joined:
    Apr 13, 2016
    Messages:
    679
    Location:
    San Francisco
    So did you get the deal OP?
     
  9. n2mb_racing

    n2mb_racing Active Member

    Joined:
    Jun 14, 2014
    Messages:
    1,099
    Location:
    durham, NC
    I asked today .There are some good deals, but nothing as good as the one the op posted .
     

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