Tesla Motors will begin offering a leasing program to small- and medium-sized businesses through its newly started Tesla Finance unit, the automaker has announced.
by Staff
April 8, 2014
Photo courtesy of Tesla Motors.
1 min to read
Photo courtesy of Tesla Motors.
Tesla Motors will begin offering a leasing program to small- and medium-sized businesses through its newly started Tesla Finance unit, the automaker has announced.
Under the leasing program, customers can configure their Model S battery-electric vehicle on Tesla's website. The Model S carries a starting retail price of $71,000.
Ad Loading...
Tesla's lease agreement is less than three pages, and can be signed electronically. Customers can view a digital version, and even tap a button on their Model S 17-inch touchscreen to complete delivery.
The new lease program also includes Tesla's resale value guarantee, which establishes a value for the vehicle at the start of the lease term. Customers will also be offered financing options by Tesla banking partners.
Fleet supply has improved, but not everywhere. Merchants Fleet’s Charles Matthew explains where constraints still exist, what risks are emerging, and why fleets shouldn’t wait to place orders.
The arrangement enables franchise dealers to offer flexible lease-to-own programs with no credit checks, no down payments, and no long-term commitments.
CAR 2025: A JD Power expert ties together the leading automotive sales and supply trends among vehicle buyers facing the disruptions of impending tariffs this month.