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Snagged a P90D Inventory car for $700/mnth on the new 24 month lease
- Thread starter SoCal Jimmy
- Start date
Think of it this way - it will be worth it in the end to get a car that goes to 11....
So do you get a new DS now? If I were you I'd just pay the transport fee to Tampa. It doesn't seem like Tesla is going to throw it in.
Tesla said if they miss the 15th they are going to cover the shipping. We should know next week. My girlfriend and I wanted to drive it back and go through the bourbon trail but it's getting a bit ridiculous. We are traveling the following two weekends and I work from home so the car wouldn't actually be driven really at all until November if we decided to take a trip. Part of the reason for wanting to go get it.
No new DS, mine is based in Tampa.
"Yes indeed – your new vehicle has arrived in enough time to prepare for presentation this Saturday - our available appointment times are 11:30am/12:30/1:30/2:30 and 3:30pm – let me know your preference and I’ll put you on our calendar!" - Tesla DS
Thanks to this thread I'm getting a new 90D. No mystery about which time I selected
For those keeping track, 10 days from order to pickup, San Francisco to Chicago. However, it wasn't a typical inventory car. The original buyer switched his deposit to a CPO and I grabbed it less than an hour later. Never driven, never in a showroom, should be easy to prep.
My only regret is I passed on an inventory P90D with 3500 miles for $104,000 before this thread started. $33,000 discount. Equipped just the way I wanted it. Early August. I assumed there must be something wrong with it. Available for a couple days. If I knew then what I do now......
Thanks to this thread I'm getting a new 90D. No mystery about which time I selected
For those keeping track, 10 days from order to pickup, San Francisco to Chicago. However, it wasn't a typical inventory car. The original buyer switched his deposit to a CPO and I grabbed it less than an hour later. Never driven, never in a showroom, should be easy to prep.
My only regret is I passed on an inventory P90D with 3500 miles for $104,000 before this thread started. $33,000 discount. Equipped just the way I wanted it. Early August. I assumed there must be something wrong with it. Available for a couple days. If I knew then what I do now......
Do you wish you would have purchased the P90D? Or are you leasing?
I ask because in an ideal world I would have purchased a refreshed discounted 90D - but never found one. I'm now (attempting - ordered 8/24 - no ETA) going to lease a classic style P90DL. The thought of purchasing it had crossed my mind, but I don't really consider a $105k classic P90DL that much of a deal purchase wise when I can buy a brand new refreshed 90D for less, or probably soon a refreshed 100D for the same price.
I would have purchased the P90D outright. Can't get Tesla lease in Wisconsin. I'll probably be happy to have the 90D when I drive between London, KY and Asheville superchargers in the winter. Lots of uphill. The only real benefit to me of the P is to have fun with friends. Still....
Purchasing didn't turn out to be so good for my 85. Bought it for $82K net, traded it in for $50K. 26 months. Over $1200/month. My original plan was to hold onto it for 8 years. Then 3 months later they come out with AP and AWD. Maybe I'll do better with the 90D but Elon probably has something else up his sleeve.
And there weren't really any refreshed inventory 90Ds the last 2 months. Mine was just dumb luck. I'd be surprised if there were more than half dozen, all of which went incredibly fast.
Purchasing didn't turn out to be so good for my 85. Bought it for $82K net, traded it in for $50K. 26 months. Over $1200/month. My original plan was to hold onto it for 8 years. Then 3 months later they come out with AP and AWD
. Maybe I'll do better with the 90D but Elon probably has something else up his sleeve.And there weren't really any refreshed inventory 90Ds the last 2 months. Mine was just dumb luck. I'd be surprised if there were more than half dozen, all of which went incredibly fast.
I would have purchased the P90D outright. Can't get Tesla lease in Wisconsin. I'll probably be happy to have the 90D when I drive between London, KY and Asheville superchargers in the winter. Lots of uphill. The only real benefit to me of the P is to have fun with friends. Still....
Purchasing didn't turn out to be so good for my 85. Bought it for $82K net, traded it in for $50K. 26 months. Over $1200/month. My original plan was to hold onto it for 8 years. Then 3 months later they come out with AP and AWD
And there weren't really any refreshed inventory 90Ds the last 2 months. Mine was just dumb luck. I'd be surprised if there were more than half dozen, all of which went incredibly fast.
I'm leasing the P90D for low $900s a month inclusive of the $6k down but not including tax/title. I'm just wondering in 2 years if I'd have been better off putting that $22k towards the purchase of a 60D or 90D and getting the tax credit directly. Although maybe not based on the depreciation you saw on your 85. I guess purchase or lease the first couple 2-3 years of payments are just gone due to depreciation anyway.
wamochi
Member
Purchasing didn't turn out to be so good for my 85. Bought it for $82K net, traded it in for $50K. 26 months. Over $1200/month. My original plan was to hold onto it for 8 years. Then 3 months later they come out with AP and AWD
i was reading your post and you sound almost exactly like me. we bought a pre-AP 60 and planned on keeping it 8-10 years. AP came out a few months later, and a bunch of other stuff, and i got the itch, but was disciplined. we actually were incredibly happy with the 60. but then these EOQ lease deals came out and i had to jump ship.
then i realized what a bath we were taking on the 60. and you are right on the numbers -- we did even worse with a 60 without AP and supercharging - net cost of over $1400/mo, which sounds absurd (also you don't get sales tax back on trades in CA). we did have a highly optioned 60 though, and all those extras really don't pay off but i enjoyed them anyway in the 27 months we had the car. i really thought about walking away and eating the $2500 deposit on the new car, but i really started to think pre-AP Model S's out there are going to keep tanking in value every week, month, etc. they are fantastic cars without AP, but with all the hype out there, one of the first comments/questions you always get is "can it really drive itself?!?"
anyway, lesson learned - i should have leased the Tesla to begin with. BUT in mid-2014, the lease deals were terrible at the time (they hadn't quite partnered with US Bank yet), so i don't think i would have done much better to be honest. well maybe.
so now i'm in a 24 mo lease on the P90DL (inventory car with 600 mi) and probably will just be a lifetime Tesla lessee. the depreciation on these cars is crazy, but part of it is the federal tax credit and the other part is the rapidly changing tech and amenities. but for sure if you have a highly optioned Model S of any kind, you are going to take a bath. now i feel better knowing that my depreciation is fixed, and with the massive inventory discount, it just made it a no brainer to lease. i took it on the chin with the 60, but in a way i'm making up for it now on the P90DL.
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hmmm
Member
A little late to the party, but if anyone thinks P85D are still cool enough, there is this one. 40k miles, so you get what you pay for, but $41,800 off MSRP, sale price of $84k...this should add up to decent lease terms even on a 36mo lease...that car is in SF
85 kWh Performance Model S 5YJSA1H2XEFP54663 | Tesla
85 kWh Performance Model S 5YJSA1H2XEFP54663 | Tesla
hmmm
Member
Well worth the wait indeed. Just returning to a quick SC run just because I had to find somewhere to drive to and wondered almost out loud if the guy next to me had paid full MSRP on his car...
You won't be able to lease that as it is a CPO.
That is my big thought too. After tax credit it would have been about $98k. There is a possibility of it still being worth more or close to the residual and if so I will buy it out and sell it, unlikely though. My way of keeping myself from buying this one I got is because it is Blue with Black interior and I wouldn't want the black long term, prefer brown.
Same boat, the technology keeps changing so while I don't like being a lessee, I might consider if another deal comes up in 2 years. I really want to see where Tesla lands when they focus on the 3 and the market seems to start becoming more competitive. I wonder what the advances will be by Tesla and the focus. 2 years to me and the rate I got, minus the slightly larger down payment, is of little risk or concern. I know people that bought the signature series of the Model S and were able to capitalize on the guarantee buy back and beat the depreciation, but barely.
hmmm
Member
It actually is an inventory car...I would be curious to know the 36mo lease payment if someone has a calculator handy.
I think they screwed up there. If you look it is listed on the new site, but not eligible for the tax credit and has the CPO language under the photos. If you could get them to go for a lease it would be amazing as it doesn't indicate lease available on the page like mine did. This is what I found in the source code. I don't even see a price when I look on screen.
<div class="/order" method="post" id="tesla-cpo-marketing-buy-form" accept-charset="UTF-8"><div><input type="hidden" name="CPOvehicle" value="1" />
<input type="hidden" name="VIN" value="5YJSA1H2XEFP54663" />
<input type="hidden" name="configId" value="11405914" />
<input type="hidden" name="titleStatus" value="NEW" />
<input type="hidden" name="titleSubStatus" value="Previous service/demo vehicle" />
<input type="hidden" name="countryCode" value="US" />
<input type="hidden" name="usedVehiclePrice" value="91550" />
<input type="hidden" name="destinationHandlingFee" value="1200" />
<input type="hidden" name="discount" value="41800" />
<input type="hidden" name="lease" value="1" />
<input type="hidden" name="modelYear" value="2014" />
<input id="referral-code" type="hidden" name="referralCode" value="" />
<input class="btn-primary translate form-submit" type="submit" id="edit-submit" name="op" value="buy" /><input type="hidden" name="form_build_id" value="form-3Z2-112LeUBM9rwgiYNeBGHnSbAzt5NHwYIxpXqVL1s" />
<input type="hidden" name="form_token" value="EDn9aaZGMfJZCrLJeBXKb460QMa__9ukEkIqIbSdXDs" />
<input type="hidden" name="form_id" value="tesla_cpo_marketing_buy_form" />
</div></form> <p class="small-text">Requires a $1,000 deposit</p>
</div>
hmmm
Member
This is a weird one...all the language I see is the Inv language but it's not listed as "leasable" unlike virtually all the other inv cars...Could it be that the mileage/discount is such that the payments would be too low for Tesla's taste?
wamochi
Member
This is a weird one...all the language I see is the Inv language but it's not listed as "leasable" unlike virtually all the other inv cars...Could it be that the mileage/discount is such that the payments would be too low for Tesla's taste?
my guess would be that it's not eligible for lease programs because it's a 2014 and has such high mileage. lease agreements are partially determined by residual values set by the bank and/or manufacturer. in this case, a car from 2014 and high miles wouldn't carry the same residual value as the ones they have been assigning the lower mileage 2016 inventory cars. and even if they assigned a custom residual to this car (which ordinarily they don't), it would be very low.
That's got to be one of the first P85Ds made. Probably really is an inventory car. Maybe driven by a Tesla big shot before it became a loaner. $1/mile discount. Biggest depreciation hit already taken. Probably a pretty good value.
When did they start rating this car at 285 miles at 65 mph? The P90D is only rated at 281 miles at 65 mph with 21" wheels.
HankLloydRight
No Roads
Too bad it doesn't have the P85+ suspension.
I looked in the database, and here's a quick rundown of the very first 70 or so P85Ds with (Yes) and without (No) the + suspension.
I'm actually kinda surprised that it wasn't on all of them to start with. Or they're coded incorrectly.
P42343 -No
P42349 -No
P42380 -No
P54656 -No
P54663 -No <--- This car
P54718 -Yes
P55129 -Yes
P55138 -Yes
P61926 -No
P62124 -No
P62230 -No
P62238 -No
P62304 -No
P62480 -No
P62496 -Yes
P62532 -No
P62536 -Yes
P62594 -No
P62598 -Yes
P62638 -Yes
P62656 -Yes
P62720 -No
P62790 -Yes
P62840 -No
P62850 -Yes
P62906 -No
P62911 -No
P62931 -Yes
P62954 -No
P63015 -Yes
P63100 -No
P63110 -No
P63114 -No
P63302 -Yes
P63462 -No
P63491 -No
P63513 -Yes
P63523 -Yes
P63556 -No
P63557 -Yes
P63712 -No
P63770 -Yes
P63864 -Yes
P63889 -No
P63914 -No
P63935 -Yes
P63940 -No
P63969 -Yes
P63977 -Yes
P64014 -Yes
P64043 -No
P64119 -No
P64150 -No
P64176 -Yes
P64186 -Yes
P64219 -No
P64245 -No
P64263 -Yes
P64301 -Yes
P64331 -No
P64350 -Yes
P64366 -Yes
P64448 -No
P64843 -No
P65089 -No
P65127 -No
P65196 -No
P65568 -Yes
P65572 -Yes
P65659 -Yes
The last VINs I see with the P85+ suspension are P79074,085330 and 093883. Those last two are real oddballs or have to be miscoded.
Side note -- I was at the Greenwich Tesla Gallery opening last night, and my Delivery Specialist were talking about how great the P85+ is (he also has one) and hinted that there might be another similar suspension coming to the P100D. He was quick to say that it wasn't the exact + suspension, but along those lines. We can only hope!
I looked in the database, and here's a quick rundown of the very first 70 or so P85Ds with (Yes) and without (No) the + suspension.
I'm actually kinda surprised that it wasn't on all of them to start with. Or they're coded incorrectly.
P42343 -No
P42349 -No
P42380 -No
P54656 -No
P54663 -No <--- This car
P54718 -Yes
P55129 -Yes
P55138 -Yes
P61926 -No
P62124 -No
P62230 -No
P62238 -No
P62304 -No
P62480 -No
P62496 -Yes
P62532 -No
P62536 -Yes
P62594 -No
P62598 -Yes
P62638 -Yes
P62656 -Yes
P62720 -No
P62790 -Yes
P62840 -No
P62850 -Yes
P62906 -No
P62911 -No
P62931 -Yes
P62954 -No
P63015 -Yes
P63100 -No
P63110 -No
P63114 -No
P63302 -Yes
P63462 -No
P63491 -No
P63513 -Yes
P63523 -Yes
P63556 -No
P63557 -Yes
P63712 -No
P63770 -Yes
P63864 -Yes
P63889 -No
P63914 -No
P63935 -Yes
P63940 -No
P63969 -Yes
P63977 -Yes
P64014 -Yes
P64043 -No
P64119 -No
P64150 -No
P64176 -Yes
P64186 -Yes
P64219 -No
P64245 -No
P64263 -Yes
P64301 -Yes
P64331 -No
P64350 -Yes
P64366 -Yes
P64448 -No
P64843 -No
P65089 -No
P65127 -No
P65196 -No
P65568 -Yes
P65572 -Yes
P65659 -Yes
The last VINs I see with the P85+ suspension are P79074,085330 and 093883. Those last two are real oddballs or have to be miscoded.
Side note -- I was at the Greenwich Tesla Gallery opening last night, and my Delivery Specialist were talking about how great the P85+ is (he also has one) and hinted that there might be another similar suspension coming to the P100D. He was quick to say that it wasn't the exact + suspension, but along those lines. We can only hope!
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