Tesla Announces Leasing Option For Fancy Electric Luxury Roadster

Tesla Motors, looking for ways to make it easier for people to purchase its over $100,000 electric cars, announced recently a leasing option. This leasing plan will, according to the auto manufacturer, allow “customers to take immediate delivery of a new 2010 Roadster or Roadster Sport with a three year, 30,000 mile contract and with monthly payments as low as $1,658.”

Tesla’s leasing terms for the Roadsters, based upon a MSRP of $111,005 (includes destination and documentation fees), include monthly lease payments of $1,658 (excludes sales or use tax) for 36 months, $12,453 due at signing (including $1,658 first month’s payment), $9,900 down payment, and $895 acquisition fee. This excludes tax, title, license, registration, and any locally applied fees. The company added as well that “the cost savings compared to a similar gas powered car could be $131 per month based on an estimated 833 miles driven per month based on EPA fuel economy tests. At the end of the term, customers have the flexibility to purchase their Roadster or pay a fee and walk away.”

“We are committed to continuously improving and enhancing the Roadster, offering a leasing option means even more people can drive this exciting and groundbreaking car,” said John Walker, Tesla Vice President of Sales, in a statement.