In another burst of “out-of-the-box” thinking, Tesla Chief Executive Elon Musk wrote in a blog on October 25 that customers leasing the company’s new Model S electric car will have the option of returning the car within 90 days and have the remainder of their lease obligation nullified.
This offer is for purchasers of cars in the United States. A limitation on this deal is that if the car is returned after 3 months the purchaser will not be allowed to lease another Model S immediately.
Musk’s blog post also said that US Bank will be offering the lease for those interested in buying the Model S, lowering monthly lease payments by as much as 25 percent.
The new Model S was launched earlier in October. Among its features are the ability to park itself and recognize road obstacles.
Last year’s offer, in partnership with Wells Fargo & Co and US Bank, was an offer of 10 percent down towards the purchase of a Model S sedan.
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