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2010 Tesla Roadster Sport – Click above for high-res image gallery

For those of you who dream of driving a Tesla Roadster every day, but perhaps have been a little too scared about the potential hassles of a long-term relationship to pull the trigger, we have some good news for you. Tesla Motors has said they're willing to let you and your Roadster at least live together for a while to see how things work out first. The company just announced a new lease program for commitment-phobes, good on new 2010 Roadster and Roadster Sport models.

According to the full press release you'll see after the jump, the new Tesla Motors Leasing program allows customers to lease a Roadster or Roadster Sport for three years on a 30,000 mile contract with monthly payments as low as $1,658 with a down payment. Okay, that might not seem very low, but it is a six-figure exotic sportscar... and think of how much you'll save on gas every month. If the relationship works out you can make it permanent or go your separate ways if it doesn't – At the end of the lease, customers can purchase their Roadster or walk away after paying a disposition fee.

The lease terms are spelled out in detail in the presser and on the company's website, but the sample lease in the release is for a Roadster with an MSRP of $111,005 and requires $12,453 up front, with 36 payments of $1,658 plus tax. Lessees get the same Tesla Ranger service as owners, where a mobile service tech will come to you for a buck for each mile they have to travel to and from the closest service center. If you're interested, you can get in touch with your closest Tesla dealer, or call 650-413-6300 for more information.

Photos by Brad Wood / Copyright ©2010 Weblogs, Inc.
[Source: Tesla Motors]
Show full PR text
Tesla Offers Leasing Option for Iconic Roadster
Launches Tesla Motors Leasing

SAN CARLOS, CA (BUSINESSWIRE) -- Tesla Motors, producer of the world's only highway-capable EV, is now offering the option of leasing the groundbreaking Roadster and Roadster Sport. Tesla Motors Leasing will allow more people to enjoy the Roadster's uncompromising design, engineering, and service with the benefits that leasing provides.

Tesla Leasing allows customers to take immediate delivery of a new 2010 Roadster or Roadster Sport with a three year, 30,000 mile contract and with monthly payments as low as $1,658 (see below for details). The relative low cost of electricity vs. gasoline and the low maintenance needs of Tesla's electric motor add to the benefits of leasing a Roadster over a conventional car. The cost savings compared to a similar gas powered car could be $131 per month based on an estimated 833 miles driven per month based on EPA fuel economy tests. At the end of the term, customers have the flexibility to purchase their Roadster or pay a fee and walk away.

"We are committed to continuously improving and enhancing the Roadster, offering a leasing option means even more people can drive this exciting and groundbreaking car," said John Walker, Tesla Vice President of Sales.

The Roadster is the only production car that is faster than many sports cars and more energy efficient than any hybrid. It is quickly becoming the choice amongst discerning drivers who demand performance with a clean conscience.

The Roadster has an EPA range of 236 miles per charge, double that of any other commercially released electric vehicle. It can be charged in any conventional 120 or 240V outlet. The Roadster produces zero tailpipe emissions. It does not need regular oil changes or exhaust system repairs. Roadsters have no spark plugs, pistons, hoses, belts or clutches to replace.

Tesla customers also benefit from the Tesla Rangers, Tesla's pioneering mobile service squad. Tesla Rangers make house calls for annual inspections, firmware upgrades and other services, so customers can enjoy hassle-free service from their home or office. U.S. customers pay $1 per roundtrip mile from the closest service center, with a minimum charge of $100.

Lease financing is available on Tesla Roadster vehicles. Monthly lease payments of $1,658 (excludes sales or use tax) for 36 months based on MSRP of $111,005 (includes destination and documentation fees). $12,453 due at signing includes $1,658 first month's payment, $9,900 down payment, and $895 acquisition fee. No security deposit required. Excludes tax, title, license, registration, and any locally applied fees. This lease offer is subject to credit approval and is for well qualified customers only. Not all customers will qualify for this lease program. Lessee must cover insurance. At lease end, lessee will be liable for disposition fee ($350.00), any excess wear and use as set forth in the lease agreement and excess mileage charges of $0.25 per mile for miles driven in excess of 30,000 miles over the life of the lease. Lessee acquires no ownership interest unless purchase option is exercised. Visit a local Tesla showroom or contact Tesla Motors directly for details and vehicle availability. For more information call 650-413-6300. All figures presented are estimates only. Actual selling price may vary.
More details on Tesla Motors Leasing can be found at: www.teslamotors.com/leasing

About Tesla
Tesla's goal is to produce increasingly affordable cars to mainstream buyers – relentlessly driving down the cost of EVs. San Carlos, Calif.-based Tesla sells cars online and has delivered nearly 1000 Roadsters to customers in North America and Europe. Tesla has showrooms in California's Silicon Valley and Los Angeles, New York, Seattle, Boulder, South Florida, Chicago, London, Munich and Monaco. The Tesla Roadster is faster than many sports cars yet more efficient than a hybrid.

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    • 1 Second Ago
      • 5 Years Ago
      I can think of so many ways I would rather spend that money; an Audi R8 for example.
      • 5 Years Ago
      Hey look at me, I'm so green and environmentally friendly that I'll throw $13K down and pay $1700 a month for a battery operated lotus! Just goes to show you how pompous people can be... The effort or should I say "carbon foot print" it required you to make that $13K down payment and $1700 a month payment will never outweigh the benefits you think you're doing by driving around a six figure electric sportscar! Reminds me of the gas station owner down the block from me who drives a prius...
        • 5 Years Ago
        You don't think there's a chance that some people might buy or lease a car like this for some reason other than image or being "green"? Like maybe they want to be supporters of new and unique technology.

        Sure putting a bunch of batteries in the car didn't make it better in any real way, but it did make it mechanically different. That's something a DucatiGuy should understand. Don't you find desmodromic valve trains or single sided swingarms cool at all?
      • 5 Years Ago
      $1,658 per month?! I'd rather buy a house with a few hundred dollars per month to spare...
        • 5 Years Ago
        Not sure where you are but $1600/mo isn't even a nice apartment let alone a mortgage on a house in a decent neighbourhood in SoCal.
      • 5 Years Ago
      that was a response to McG and M above
      • 5 Years Ago
      "but it is a six-figure exotic sportscar"

      An expensive toy? Yes. Sportscar? Yes. Exotic? No.

      Sorry, but this diminutive little electric plaything just isn't "exotic", at least not to me. Probably because of its humble Elise roots. It is unusual/different which may deem it worthy of being exotic by definition (soon to be obsolete as someone mentioned and as technology develops)

      And the price may seem exotic to some but in reality there are a lot of cars in the $100K+ range that aren't really what most people would consider exotic.
        • 5 Years Ago
        My variation:

        An expensive toy? Yes. Sportscar? No. Exotic? Yes.

        I think of exotic as having to do with numbers sold. They haven't made very many of these things.

        To call it a sportscar, I think you should be able to go out and run a race with it if you want to. You could of course do that in a Tesla, but it'd perform terribly. It can put out lots of power for a short time, but then it has to derate itself to keep from overheating. To me that makes it more a neat novelty and showoff car than a sportscar.
        • 5 Years Ago
        Definition of Exotic from Webster:

        1) strikingly unusual or strange in effect or appearance
        2) of a uniquely new or experimental nature


        As I stated, it can be defined as an exotic but it's just not exotic to ME. In all fairness I do spend a fair amount of time in the Bay area on business and that is their home turf so naturally I've seen a fair amount of them. Frankly they don't really warrant a lot of glances, it's as if it's electric cars are so commonplace now and people are just waiting for the next great thing (like: "Oh, it's just a Tesla" kind of attitude same as "Oh, it's just a Prius")

        A Countach on the other hand, that's a spectacle anywhere so no comparison there. The Tesla is based on a much cheaper car so most non-car people wouldn't even have a clue about it anyway and at first glance would just think it's an Elise. That's why to me it's just not really an exotic, more like a really expensive battery operated Elise with still questionable secondary market values.


        In this case the demand for the car is waning, hence the low production numbers and probably why they are now offering the lease.

        • 5 Years Ago
        So because a Lamborghini Countach is obsolete (for some time now) it's no longer exotic?

        My thoughts are more along the lines of m's.