New Tesla Leasing Program Launched: Offers 90-Day Return Policy
- New Tesla lease program touts lower monthly payments
- Program also offers 90-day happiness guarantee return policy
- Lease program to be available nationwide soon
There is a new lease program available for the fully electric Model S sedan. Tesla says the program offers lower monthly payments and a 90-day happiness guarantee.
Although the automaker has not yet announced exactly what the new lease program’s monthly payments will be, Chief Executive Officer Elon Musk says the program will drop current costs by around 25 percent. That suggests that the new monthly payment will likely start below $700, since current Model S lease prices start at more than $800 per month. Like most luxury car leases, Tesla’s new program, which offers a 3-year term and permits up to 36,000 total miles, will almost certainly still require a hefty down payment upfront.
More importantly, however, the Model S is also being offered with a new 90-day happiness guarantee return policy. The company says that this policy allows drivers to back out of their lease if they decide they’re not happy with the Model S within the first 3 months of their lease. Tesla also notes that these drivers will be barred from immediately leasing another Tesla model.
Another benefit of the new lease program is that there is no paperwork. Musk says drivers who lease a Model S can do so without the typical stack of paperwork that accompanies a lease. Instead, Musk says, “you just read the super simple terms and conditions on the center screen, tap it once, and it’s done.” If you’re interested in leasing a new Tesla, the program will reach dealerships soon.
Courtesy of Auttrader.com
Latest News
New Tesla Leasing Program Launched: Offers 90-Day Return Policy
- New Tesla lease program touts lower monthly payments
- Program also offers 90-day happiness guarantee return policy
- Lease program to be available nationwide soon
How to Get Out of A Car Lease – You Have Options
Transferring your car lease is the best and cheapest way out of a car lease
One of the best options available is to transfer your lease to someone who would like to take it off your hands essentially called a lease transfer, lease assumption or lease trade.
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You would never buy a used car without kicking the tires, taking it for a spin, and looking for damage, right?
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