27 Oct '14, 8pm

Tesla Cuts Model S Lease Price; Initiates 90-Day ‘Happiness Guaranty’

Tesla announced it’s now offering U.S. lease prices on Model S at up to 25 percent less, and these come with a 90-day “happiness guaranty” to let customers return the car if not satisfied. The automaker that is known for zigging when everyone else zags says its low lease rate is thanks to US Bank which has significantly reduced costs of capital than does Tesla. A base level 60-kilowatt-hour Model S starts now at $777 per month with $6,477 due at signing. A simplified online lease form lets buyers sign up for a new Tesla starting at $71,070 with little more complication than selecting any other online product, says the automaker. SEE ALSO: Tesla Announces Creative New Financing Program And, perhaps even as good or better than some large consumer products, the automaker is innovating with a return policy, as its blog post from Saturday says: If you don’t like our car for any...

Full article: http://www.hybridcars.com/tesla-cuts-model-s-lease-price-...

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