Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
  • The final cut of the 9th episode of the Tesla Motors Club Podcast, featuring Chad Schwitters, the former president of Plug In America, is now available. You can watch it now on YouTube or listen to it on all major podcast networks.

Potential Depreciation on a Model 70

Could current and past leasee folks kindly comment on what their potential depreciation cost has been on their leases? I have a friend who has a model 60 (with a 40 model capped capacity) that is coming to the end of the three year lease and she says Tesla is offering a program where all of the current car payment will apply into a new model 70 purchase. Frankly, i don't understand how this was even remotely possible if Tesla model S has anywhere near the standard new car depreciation cost. Does it mean the money factor of a Tesla is close to zero AND the car has insanely low depreciation? :smile:

Another way to look at it would be to analyze what is a good approximation for a one year, two year and a three year depreciation for say a new model 70 if someone was to lease this today.


P85 & M3
Supporting Member
Feb 28, 2012
Irvine, CA
I'm not sure I understand the question as well. Most of the 40's were built and delivered around the same time in 2013. I didn't think they had a true lease program back then (May-July 2013). We received a guarantee repurchase agreement, sort of a guaranteed residual/trade in after 36 months, if we wanted to trade it in.

It was something along the lines of 50% purchase price and 40% on the accessories/options.

Products we're discussing on TMC...

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.