Lease It: The Tesla Roadster for $1,658 a Month




Here's one way to help unprofitable electric vehicle startup Tesla move into the black: Take its electric sports cars—the Roadster and the Roadster Sport, each costing more than $100,000—and offer a leasing option.The company, which last month filed to raise up to $100 million in an IPO, now says it will offer the Roadster and the Roadster Sport with "a three-year, 30,000-mile contract and with monthly payments as low as $1,658."


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The $1,658, however, is just part of the fees interested parties can expect to pay. Tesla says that in light of a retail price of $111,005 each for the cars, the leasing customer needs to provide $12,453 due at signing, which includes a $9,900 down payment and $895 acquisition fee but not taxes, title, license, registration, and "locally applied" fees. After the three-year lease period the Roadster customer can then buy the vehicle or decide to give it up, which would involve paying a $350 disposition fee, as well as fees for any wear and tear and 25¢ per mile for those driven beyond a 30,000-mile limit over the life of the lease.



Just think of all the gas you will save... and electricity it will cost you. Always interested in a daily driver electric car myself, but I still don't feel these are ready for prime time. Certainly, not at this cost.

Source: Lease It: The Tesla Roadster for $1,658 a Month

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