Too new.  Electric.  The model S isn't even 5 years old, is it?  Vehicle
life span needs to be 5-10 in excellent condition.  BMW has hit that 5 year
mark (granted...barely) for some time.

Also, I'm sure their sales count isn't all that high compared to any other
make.  I wouldn't doubt Aston sells way more than Tesla.


Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373

On Sat, Mar 21, 2015 at 11:54 AM, Travis Johnson <[email protected]> wrote:

> Hi,
>
> Here is a question... if Tesla has such a great car and company (winning
> Consumer Reports car of the year, two years in a row), why is their lease
> rate so bad? Can they not find a leasing company that is confident in their
> cars?
>
> 36 month lease on a $115,420 car requires $7,141 down and is still $1,446
> per month.  That's puts the residual close to 50% after 36 months, which is
> extremely low. Chevy trucks are around 58%, and some cars like the Honda
> Accord are closer to 65%. I have done a BMW lease on a 535d (MSRP of
> $70,000) for 36 months with $0 down that was $670/month. That's close to
> 65% residual after 3 years.
>
> It would seem people are not confident in the Tesla vehicles, which are
> "software upgradeable". I wonder what the issue is?
>
> Travis
>
>

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