Photo: Tesla Motors
Unfortunately, the heavily anticipated Model 3 won’t be ready for production too soon. By popular demand, though, Tesla Motors has decided to attract would-be buyers to the brand by introducing a two-year lease on the Model S and Model X.
This is a limited-time offer considering that an e-mail sent by Tesla Motors makes it clear that the two-year lease option is available on orders placed by September 12. The question is, how much does it cost to own a Model S this way? The answer to that is $593 a month for an entry-level Model S with the 60 kWh pack if you plan on driving up to 10,000 miles per year.
According to Tesla Motors, “a $6,000 down payment, $695 acquisition fee, and the first month's lease payment is due when picking up your Model S. A $395 disposition fee is required when returning your Model S at the end of your lease.” Better still, the Palo Alto-based electric vehicle automaker gives lessees the option to return the car in the first 90 days of the contract for whatever reason they can think of, waving the remaining lease obligation.
In the case of the Tesla Model X, prospective lessees will have to spend $730 per month, with a $7,425 down payment. It’s all jolly fine that Elon Musk wants us to experience how it feels behind the wheel of an electric vehicle, but the two-year lease program hides a seemingly dirty secret.
Remember the September 12 cutoff mentioned a few paragraphs before? Good. Want to know why it’s September 12 and not any other day of the month? The explanation is simple. Tesla Motors can build a Model S in under three weeks. Is it a coincidence the timing lines up with the end of the third quarter? I highly doubt that. Tesla Motors is hungry for deliveries after boy wonder Elon Musk had overstated the first and second quarters.
These said, it seems to me as if output problems are a thing of the past for Tesla Motors. Increasing deliveries is what the carmaker is gunning for.
According to Tesla Motors, “a $6,000 down payment, $695 acquisition fee, and the first month's lease payment is due when picking up your Model S. A $395 disposition fee is required when returning your Model S at the end of your lease.” Better still, the Palo Alto-based electric vehicle automaker gives lessees the option to return the car in the first 90 days of the contract for whatever reason they can think of, waving the remaining lease obligation.
In the case of the Tesla Model X, prospective lessees will have to spend $730 per month, with a $7,425 down payment. It’s all jolly fine that Elon Musk wants us to experience how it feels behind the wheel of an electric vehicle, but the two-year lease program hides a seemingly dirty secret.
Remember the September 12 cutoff mentioned a few paragraphs before? Good. Want to know why it’s September 12 and not any other day of the month? The explanation is simple. Tesla Motors can build a Model S in under three weeks. Is it a coincidence the timing lines up with the end of the third quarter? I highly doubt that. Tesla Motors is hungry for deliveries after boy wonder Elon Musk had overstated the first and second quarters.
These said, it seems to me as if output problems are a thing of the past for Tesla Motors. Increasing deliveries is what the carmaker is gunning for.
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