Tesla Announces Two-Year Lease For Model S and X

[William Maley]

Tesla is trying to stay in the spotlight while they continue working on the Model 3 and also enticing people into one of their vehicles. Their solution to both problems is introducing a new two-year lease option.

Electrek reports that Tesla sent out an email announcing the new offer which states the lease deal starts at $593 per month and only is only available for those placing orders til September 12th. 

"A 2-year lease option is one of our most popular requests. We listened and are launching a limited time test of a 2-year lease on Model S and Model X. Starting at only $593/month, our new 2-year lease program was designed just for you to drive electric today, and is available on all Model S and X orders placed by September 12th," Tesla said in their email.

The two-year timeframe is perfect for someone who is on the waiting list for a Model 3, but who wants to drive a Tesla model right now. There is a catch for those hoping to get the $593 per month deal. Electrek ran the numbers and found that you would need to put a $6,000 down payment on the base 60 kWh Model S.

Source: Electrek

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[daves87rs]

6 grand down...ouch....

[G. David Felt]

Full details are interestings, 10K, 12K or 15K options and for $89 extra a month you can add AWD.

 

https://www.tesla.com/models/design?redirect=no&utm_medium=email&utm_source=communication&utm_campaign=NA-US-2_Year_Lease_Option&utm_term=C&utm_content=announcement&mkt_id=1541465&mkt_tok=eyJpIjoiWTJFME9USmtORFEyTXpKaiIsInQiOiJZN1I3bVY5ZWhkNHhoa2h1TzdSYXhsaHJoU2RkVlBvVGJmcUQramxTTGJTb1wvVkJ0YzNEaCtxMDBvQkN5Y3E3MHhyRThPU2NTV0diUGVxZ1g5ZFZabnpUWStUYXo1clRQVFdcL2UxcFZ1czdrPSJ9

 

[Drew Dowdell]

That's actually a pretty good lease deal for a car of that price. Whether or not leasing makes sense for your personal situation is subjective.

[smk4565]

That isn't a bad price at all, a base E300 4Matic lease is $5,263 down and $569 a month.  You can get into a Tesla for E-class money.    People want to compare the Model S to the S-class but it is like $1,200 a month to lease an S-class, I think $1,450 for an S-class coupe.