Tesla’s plan to get you to buy their cars: Kinda like buying, kinda like a lease
- the deal Tesla Motors has set up financing deals for 10 percent of the down payment for one of their Model S vehicles. As it turns out, that 10 percent fits within the guidelines of an electric vehicle credit—meaning that you wouldn’t have to pay anything out of pocket. After that, you can pay for the vehicle at a monthly rate which may be higher than a traditional lease, but considering you’re not paying for gas, given the right usage, you’ll end up spending less (or so they claim). And after three years, you can sell the vehicle at rates comparable to a Mercedes S Class.
- the perk The company claims that the deal gives buyers the best parts of both leasing and buying a vehicle—being that you can pay a relatively small monthly amount, but after the three years are over, you have the option of selling the car, because you own it. And the buyback is guaranteed, too, so you’re not locked in. Thoughts? source
April 2, 2013 // 19:08 // 11 months ago