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Blog Tesla Updates Lease-End Options

Discussion in 'Tesla, Inc.' started by TMC Staff, May 21, 2017.

  1. TMC Staff

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    May 19, 2017
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    [​IMG]

    Tesla has updated its leasing terms to include four different lease-end options. Customers can return their vehicle to Tesla, extend their lease, purchase their Tesla, or upgrade to a new Tesla. New details added to the the company’s web site are posted below. Lease-End Options If your lease is ending in the next few months,...
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  2. hill

    hill Active Member

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    Lake Forest, CA
    Anyone care to comment about their lease return versus buy out offers?
    Thanks
     
  3. dgpcolorado

    dgpcolorado high altitude member

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    When I checked a couple of years ago the problem with buying the car after lease was that you lose the USA federal tax credit. It was used to lower the cost for making lease payments but then subtracted out for the buyout price (making it pure profit for the leasing company). It made lease-to-own a poor deal compared to buying outright or turning in the car and buying a used car of similar vintage.

    Haven't seen any reports that they have changed this perverse policy, although someone may have more recent info on Tesla leasing.
     

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