Buying a Tesla may
now be an affordable luxury this month as the company has unveiled a new financing
plan with U.S. Bank, Wells Fargo, and existing tax credits.
The California-based
electric car manufacturer is saying it has reduced the cost of ownership to
$500 per month and will guarantee the residual value of a Tesla Model S for up
to 36 months.
The price tag for a
Model S starts at $62,400 for a 60-kilowatt battery and $ 72,400 for an 85-kilowatt
battery.
Tesla says the 10 percent down payment is offset by federal and state tax credits
ranging from $7,500 to $15,000.
The company states on its web site that "When considering the savings from using
electricity instead of gasoline, depreciation benefits and other factors, the
true net out of pocket cost to own a mid-range Model S drops to less than $500
per month."
After 36 months, a
buyer has the right to sell the Model S back to Tesla "for the same
residual value percentage as the iconic Mercedes S Class." Tesla is
guaranteeing the resale value.
In California, Tesla has satellite offices in Los Angeles
and Orange county. The company has delivered almost 10,000 electric vehicles to
customers in 31 countries.
Click here to visit Tesla's website for complete financing information.
