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Resale value guarantee. Worth leasing for?

mrpseudonym

Member
Aug 14, 2016
168
73
Sydney
with the alleged impending arrival of a model X, I have been thinking about finance methods. I had an issue many years ago paying dearly to exit a lease before the term was up, so it's not my preferred option, but with Macquarie leasing offering a resale guarantee, and the model X being, well..the model X should we consider this as a form of insurance? Anyone with an MS that has resold their car care to comment. I see also that the resale guarantee has been dropped in the US for the model S but don't know if this applies to the X as well.
 

raynewman

Active Member
Oct 11, 2014
1,509
512
Brisbane, Australia
with the alleged impending arrival of a model X, I have been thinking about finance methods. I had an issue many years ago paying dearly to exit a lease before the term was up, so it's not my preferred option, but with Macquarie leasing offering a resale guarantee, and the model X being, well..the model X should we consider this as a form of insurance? Anyone with an MS that has resold their car care to comment. I see also that the resale guarantee has been dropped in the US for the model S but don't know if this applies to the X as well.
Although I haven't sold my Model S 85 RWD, I think (from watching prices) the current market value is about what I paid for it (128k) nearly two years ago. I'm certainly not going to sweat about the resale value.
 

Burnt Toast

Member
Jun 23, 2016
446
228
Melbourne
Although I haven't sold my Model S 85 RWD, I think (from watching prices) the current market value is about what I paid for it (128k) nearly two years ago. I'm certainly not going to sweat about the resale value.

I wouldn't be sure of that. Most of the Model S on carsales have been there for 6 months.
 

Xwing

Member
Dec 29, 2015
102
18
Melbourne Victoria Australia
I went with the resale guarantee mainly because now that these cars are essentially a tech item it's really difficult to know how much value they will loose over the next 3-5 years. Especially once the Model 3 arrives!
 

mrpseudonym

Member
Aug 14, 2016
168
73
Sydney
Small update for those who care! ANZ seems to have replaced Macquarie Leasing as Tesla's preferred finance provider. 4.75% against ML's 4.99. Looks like a deal was done somewhere.
 
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mrpseudonym

Member
Aug 14, 2016
168
73
Sydney
Is ANZ offering a resale-guarantee price as part of their leasing for Tesla?
I contacted macq leasing about this and was told that the resale guarantee is between tesla and the buyer, not the finance company *but* you need to finance the car to get it. So yes you get it if you finance with ANZ
 

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