Tesla Announces Lease Rates For Model S 60, 60D & Model X 60D

JUL 24 2016 BY ERIC LOVEDAY 35

Tesla Lease

Tesla Lease

Tesla’s most affordable versions of the Model S and Model X are now part of the automaker’s leasing program.

Base Tesla Model X 60D

The base Tesla Model X 60D – from $788* per month

Tesla says that the Model S 60, 60D and Model X 60D will be part of the leasing program through September 30th (although we expect it will extended indefinitely).

The Model S 60, the cheapest Tesla on the market at $66,000, can be leased for as low as $667 per month. The Model S 60D ($71,000) is slightly higher at $742 per month.  Stepping up to the base Model X 60D ($74,000) will set you back $788 per month.

There is also a little matter (not mentioned in the mailer) of $6,362 also due at signing.

To place your order for any of the listed cars above, just click this link and start building your own.

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35 Comments on "Tesla Announces Lease Rates For Model S 60, 60D & Model X 60D"

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No such price in Canada. Still $1144/month for a base Model S at 10K miles/year. Conversion done, it’s still $300/month more in Canada.
That’s just crasy expensive!

The lack of a federal credit program in Canada really shows up in the “lease math”.

It especially worse (against other EV competition) in places where the province has a plan, but has MSRP caps. Ontario’s new plan would have knocked ~$300/month off that, but the $14,000 rebate is lessoned to just $3,000 on the Tesla.

I need it to be under $600 per month, hopefully model 3 monthly payments will be under $600.

I’m hoping for $200/mo or less. Volt is similar pricing, and it’s under $200/mo.

But large demand for 3 may work against that initially. In the long run, high resale value of used Tesla 3 could lead to lower lease prices. Well, hoping anyway.

You can pretty much get a ’17 Volt for right around $200/month right now, especially if you live in a state that doesn’t tax the whole price of the car on a lease, like CA.

Or a state where they charge ZERO tax on an EV (like NJ). Just as long as 10k miles/year suits your needs. 🙂

That’s still insane for most people. I could lease two, maybe three Chevy Volts for the same amount.

Yup. $6380 drive off…ouch! $50,000 i3 is now $3500 drive off and $189/month. So even though the i3 is 75% of the price of the Tesla, it is only $28% of the monthly payment amount. JuSt goes to show on leases your best value is to watch the monthly payment price, not just the msrp. I think Tesla is the only one that gIves an “effective payment price.” Maybe next thing they will do is include an effective price after saving on maintenance compared to an old clunker. And they then give an “effective” down payment after the CVRP which currently is out of funds?

The $6.3k drive off for the above S is the same as my total payments for a 36 month ’17 Volt lease…good lord.

A friend of mine is leasing a Lexus for almost $1200/mo, so $666/mo is not so high, relatively speaking. He might be getting a Tesla when the lease is over after he saw how el-cheapo SparkEV is so much smoother than his Lexus and how it can use fast chargers; he had no idea EV can charge in minutes. I doubt I’ll get Tesla referral credit, though.

$1200/month for the privilege of paying more to burn oil, have to get oil changes, and smog checks? That’s insane and disgusting. I can’t believe people would get that instead of a Tesla.

These fake “savings” calculated using impossible numbers looks exactly like all the phony dealership offers I receive in junk paper mail. Mercedes S series is equivalent of Model S – yes sure, in your virtual reality, if you never seen them live. Instead of multiple competing dealerships trying to cheat you, now you have one “true” monopoly trying to do the same, what a great advantage!

The savings are REAL. Since I went electric, I haven’t paid for gasoline for 3 years now and that is quite a bit of savings. Yes, your power bill does go up but not nearly as much as your gasoline bill was.

But then I installed a nice PV array on my roof that generates enough net electricity for my house AND car with extra to spare. I have not paid for electricity or gasoline for 3 years now.

That said, I think they should (and they DO) include the real world money price you will be paying so people can budget appropriately. But they WILL see the amount of money they spend on gasoline go down.

Savings are real of course, but they are real when they are defined in real numbers, not some comparing to 21 mpg bigger and more luxury car. Why not 55 mpg hybrid that is friendly to environment for real if you are going with non-comparable cars? And if you take extra high California gas price, why would you use lower US average electric rate and not top tier California rate? It is all fake and intentionally misleading, just like your friendly “finance manager” at local dealership.

Because the size and class of the Tesla is of those with 21MPG. Comparables with comparables. Apples with apples.
Like comparing your permanent EV bashing posts with No Comment or sven 😉

Ha! Excellent point.

Hahaha, these $6380 due at signing are pretty much the entire cost of our 2-year lease on a 2014 Leaf SV. We recently extended it to 3 years, getting 2 monthly payments off as a promotion. Our entire 3-year cost is equal to the S60 down payment + 2 S60 monthly payments. Now, thus far in 2 years with our Leaf, we have – stopped using our ICE wreck completely after 2 months (and finally donated it last month) – Never got stranded with the Leaf – Needed to use Quick-Charge on road trips perhaps 10-15 times total, most of them non-intrusive b/c they were timed with breaks we had to make anyway – Around these road trips, sometimes had to drive 5-10 MPH slower than we’d like to – Rented an ICE car once for 4 days (~$250-300 including gas) for a trip that was a bit too taxing (though still feasible) with our Leaf. I applaud what Tesla are doing, but these cars are still not middle-class-affordable by any meaningful sense of the word. Instead of spinning numbers around (“calculated cost after savings” rather than the actual cost, is borderline-fraud IMHO), let them just make sure the Model… Read more »

Yes, the Model S and Model X still remain cars for the wealthy. But it is nice to see the price dropping.

Congrats on the LEAF. Most people don’t realize how little they drive and that they really can largely get by with an electric even with a range that is not huge.

Thank you. It’s our 2nd Leaf lease, following upon the heels of a 2012. So we’re closing in on 4 years of mostly-BEV driving.

Not really looking back to ICE days. Looking forward to an affordable 150+ mile range that we would purchase outright. Hopefully next summer!

Leaf gets you to the supermarket and back,not a mile more. Fake EV with regular coat…

And if you never go further than supermarket or workplace some 30 miles away, except maybe once year along fast chargers, it just enough. No need to haul 1300 pound battery around and trash environment when manufacturing it and when your big tires wear excessively fast creating plenty of particulate matter just like as yet another “clean diesel” tailpipe. Sure it doesn’t work for everybody, but if it works for somebody, it is just great.

Hey, well done zzzzzzzzzz! This is the “right” way to do FUD. No need for an outright lie. Of the approx. 6 assertions made in your post (depending on how you count them), not a one of them is 100% false; most are half-true.

Of course, the actual Truth is far removed from your assertions; the truth is that making and driving a Tesla Model S is much, much more “green” than making and driving a typical gasmobile. But the unwary reader wouldn’t know that, would he? He wouldn’t have all the facts, and wouldn’t realize you’re a Big Oil shill, a perpetual FUDster and Tesla basher and a “fool cell” car promoter.

So hey, good job there of mixing a smidgen of truth in with all your falsehoods. Bravo!

(Warning: The above may contain traces of sarcasm.)

“Leaf gets you to the supermarket and back,not a mile more.”

Pfft. Do you live in the middle of nowhere?

Most people have a supermarket within 10 miles of their home.

Maybe an EV doesn’t work for you but they do work for 95% of most daily driving. Don’t be a drama queen.

Well . . . this should push down the prices of used Tesla Model S cars.

That side by side picture of the Model X is nice . . . it shows how the Model X is really only *slightly* bigger than the Model S. That is good in that it continues to have a GREAT aerodynamic profile. But I’m sure many people wish it was a big bigger.

Was in the Tesla store yesterday. The size difference is substantial. When you look at both size by side in the store, the model X is surprisingly larger. The X height makes the difference. As far as the model S looking barely smaller than the model X in this photo, it’s a photography trick. Anything closer to the lens will look larger than something further away.

It is not that huge. It is only 10.2 inches taller . . . not exactly what I would call substantial. That does give it a nice crossover shape. But it is not at all like an Escalade, Suburban, Grand Cherokee, etc.

And I think that is a good thing. But sadly some people demand their beastmobiles.

The S is already HUGE… If you want bigger get a bus or a penis enlargement.

The S is long and wide . . . but it is not at all tall.

Not understanding the point of a “tall” vehicle

Tall means more excess body which means more ugly.

Less is better. No need for a tall vehicle

I will argue that EVs will make the automobile a disposable commodity. When you add tech in the car, people will always want more and new features. These features will always be upgraded in a short time making the old cars “obsolete” to society.

It doesn’t help that people don’t want to own their cars anymore, they would rather lease them a.k.a renting. Getting an EV gives people the opportunity to lease too because the technology and range keeps improving so no one wants to get stuck with a 100 mile range EV.

Everybody leasing and disposing cars at very small price after lease would lead to residual amount adjusted accordingly and lease cost skyrocketing.

The same can be said about ICE vehicles, in my lifetime I’ve bought and sold 1976 Celica, 1981 Datsun, 1988 Nissan truck (totaled), 1985 Honda prelude, 1991 Nissan sentra, 2001 Civic, 2005 matrix, 2012 Leaf (lease), 2016 Leaf (lease). And I’m sure the majority of people have similar car histories.

This is one of the reasons I never care much about in-dash navigation and music systems. By using my cellphone or tablet, I can update to newer technology at any time.

If Tesla was really smart, they’d build their computer system as something that can be pulled out and replaced. Overtime, much more powerful computer systems will become available and it would be nice to yank it out and replace it with something new 5 or 10 years down the road.

Well, Tesla has made it quite clear that they want to make the lines of car ownership, and car sharing much more blurry.

This was part of the latest master plan. Enabling car sharing is among the next goals.

That would make even sub-100 mile range cars viable for car sharing. Who would car if the car they are using goes over 100 miles, when they are just doing a car share to get to the grocery store and back?

Heck, they may not even see the car ever again, so all they need is a car that will get them from point A to point B and back. Literally.

There may be a point in the future where all of these current 100 mile range cars end up being used primarily as car-share profit makers, like car2go. And it won’t matter if they are technologically behind, because it just won’t matter for how they are used.

Tesla requires a $2500 order payment, is that part of the $6,362 or is it really $2500 to order, then $6,362 upon delivery?