$7500.00 Lease Incentive - how does it work?

[OrangeOtto]

No, just the regular AWD. And I love it!

what are your monthly payments after your $10,000 down? When I put $10,000 down in the Tesla calculater does that mean the fed rebate takes care of $7500 and I pay $2500? Or does it mean I pay $10,000 and the $7500 is added on top?

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[Cyberhugo1]

what are your monthly payments after your $10,000 down? When I put $10,000 down in the Tesla calculater does that mean the fed rebate takes care of $7500 and I pay $2500? Or does it mean I pay $10,000 and the $7500 is added on top?

Same question I had, it's kind of confusing.

 

[OrangeOtto]

Same question I had, it's kind of confusing.

it is, also adds more confusion when it defaults with the gas savings built into the lease payment. lol

 

[BobsTruck]

what are your monthly payments after your $10,000 down? When I put $10,000 down in the Tesla calculater does that mean the fed rebate takes care of $7500 and I pay $2500? Or does it mean I pay $10,000 and the $7500 is added on top?

I put $10,000 down, Tesla added $7,500. Monthly payment was about $930. Buyout price in the first month was around $65,200. So out of pocket ~$75,000.

 

[Cyberhugo1]

I put $10,000 down, Tesla added $7,500. Monthly payment was about $930. Buyout price in the first month was around $65,200. So out of pocket ~$75,000.

Can you just go through with the lease for 36 months and finance it at the end of the lease?

 

[OrangeOtto]

I put $10,000 down, Tesla added $7,500. Monthly payment was about $930. Buyout price in the first month was around $65,200. So out of pocket ~$75,000.

Thanks. This was very helpful. Enjoy your new truck.

 

[Cyberhugo1]

Can you just go through with the lease for 36 months and finance it at the end of the lease?

 

[BobsTruck]

I didn’t see that as on option.

 

[Oceanwolf]

Yes you can, but unless you can write of the lease payments 11% interest rate is insane.

 

[cyborg007]

Is Tesla still offering the early lease buyout for Cybertruck in 2025 ?

 

[BobsTruck]

Is Tesla still offering the early lease buyout for Cybertruck in 2025 ?

yes, when you go to purchase with a lease if you see "New leases include $7,500 Tesla incentive and purchase option. See terms below." then it's included which I just clipped from the Tesla website. this could change with the new administration, and it takes some time to process the lease buyout. don't forget to use a referral code, such as mine if it's been helpful: https://ts.la/bob107844

 

[mystral77]

I was told by test al there is Tesla and sanders . Both accept early
Lease buyout

I put down about 10,000. Then Tesla added 7,500 to the lease down payment. This resulted in a lease balance of about 65,000 after taxes and fees. It took about 8 days for my lease to be in Chase’s system. I can now pay it off in full and plan on doing so. It’s consistent with the lease contract. For some reason Tesla reps won’t confirm that this can be done in writing.

Were u able to negotiate the money factor? Did it lowered after. U got pre approved?

 

[JackT]

I put $10,000 down, Tesla added $7,500. Monthly payment was about $930. Buyout price in the first month was around $65,200. So out of pocket ~$75,000.

So $75,000 without tax yet?

 

[BobsTruck]

So $75,000 without tax yet?

At lease origination there was about 1,000 in state tax which is included in the numbers above. I think I’ll owe more tax possibly when the title comes and registration is updated.
I confirmed my lease is done, balance is $0, docs should be received shortly. Looks like this takes about a month to complete.
i jumped on it because the 7,500 might go away with the new administration and at 75k+/- it’s much better IMO than similarly priced vehicles.

 

[Oceanwolf]

Lengthy discussion is here. I am picking up my lease tomorrow. I could be making a major mistake, we’ll see in a month. I just couldn’t justify to buy FS even with free supercharging.
https://www.cybertruckownersclub.co...for-the-lease-include-the-7-500-rebate.32747/

I have a purchase quote from Chase. It will be $65,122 if I pay it by Feb 1st. So with my down payment of $11,418 (include title, first month etc) it will be 76.5K. I think I saved about 4.5K which will go towards a wrap.

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