New Lease Offers Tesla Model S at Heavy Discount
Tesla is offering a less expensive way to own a Model S.
The American electric automaker has announced a new leasing policy for its popular sedan that will allow buyers in the U.S. to return the vehicle within three months of purchase if they’re not happy with it. U.S. Bank will offer a lease for the Model S that can lower monthly payments by as much as 25 percent, Tesla CEO Elon Musk said in a blog post.
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Those that lease the Model S and aren’t satisfied within three months can have the lease obligation waived, but once a car is returned, they will not be able to immediately lease another Model S.
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Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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