Resale value guarantee. Worth leasing for?

[mrpseudonym]

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]

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]

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.

 

[alpal]

Not sure about now but when I bought my car(s) carsales wasn't exactly portraying a "true" market. There seemed to be a few opportunists waiting to pounce and very few (read if any) actual cars for sale.

 

[Xwing]

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]

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.

 

[nigwil]

Is ANZ offering a resale-guarantee price as part of their leasing for Tesla?

 

[ND100]

Is ANZ offering a resale-guarantee price as part of their leasing for Tesla?

The resale value guarantee is still listed on Tesla's site.

 

[mrpseudonym]

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