Elon Musk Announces a Leasing Policy For The New Tesla Model S

By: | November 7th, 2014

Elon Musk has announced a leasing policy for the new Tesla Model S that allows United States customers to return the vehicle within three months of purchase. As long as the car is returned within the three month window, the remaining lease obligation will be waived.

Musk added that U.S. Bank will offer a lease for buyers of the new Model S, decreasing monthly lease payments by as much as 25 percent.

It should be noted that once a Model S is returned, the customer cannot lease another Model S in the immediate future. It is unknown how long, but some time has to pass before leasing the all-wheel drive Model S again.

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