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Resale value guarantee. Worth leasing for?

Discussion in 'Australia & New Zealand' started by mrpseudonym, Nov 26, 2016.

  1. mrpseudonym

    mrpseudonym Member

    Joined:
    Aug 14, 2016
    Messages:
    57
    Location:
    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.
     
  2. raynewman

    raynewman Member

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    Brisbane, Australia
    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.
     
  3. Burnt Toast

    Burnt Toast Member

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    Jun 23, 2016
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    Location:
    Melbourne
    I wouldn't be sure of that. Most of the Model S on carsales have been there for 6 months.
     
  4. alpal

    alpal Member

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    Nov 19, 2015
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    Location:
    Melbourne, Victoria, Australia
    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.
     
  5. Xwing

    Xwing Member

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    Dec 29, 2015
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    99
    Location:
    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!
     
  6. mrpseudonym

    mrpseudonym Member

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    Aug 14, 2016
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    Location:
    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.
     
    • Like x 1
  7. nigwil

    nigwil Member

    Joined:
    Oct 4, 2016
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    21
    Location:
    Hobart, Tasmania
    Is ANZ offering a resale-guarantee price as part of their leasing for Tesla?
     
  8. ND100

    ND100 Member

    Joined:
    Mar 24, 2016
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    Location:
    NSW
    The resale value guarantee is still listed on Tesla's site.
     
  9. mrpseudonym

    mrpseudonym Member

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    Aug 14, 2016
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    Location:
    Sydney
    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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