The Tesla Roadster, the fastest, most expensive and most discussed electric sports car just got a little less expensive — sort of. The super-quick plug-in is now available via a three-year lease.
The Tesla retails, depending upon options, for $104,000-$111.000. But a three-year, 30,000-mile lease is now available for as little as $1,158 per month, or about $55 per day.
There’s small type, too: the leasing customer needs to provide $12,453 due at signing, which includes a $9,900 down payment and $895 acquisition fee but not taxes, title, license, registration, and “locally applied” fees.
The Tesla Roadster has two seats, 248 horsepower and powers from 0-60 mph in less than four seconds.
Such performance, of course, likely means expensive insurance premiums. They’re not included in the monthly lease payment.
Like other leases, those leasing the Tesla Roadster can purchase the car after the contract expires or turn the car back in with a fee.
Tesla’s less expensive vehicle, with an approximate price of $50,000, is expected to be available in 2011.
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Article Last Updated: February 25, 2010.
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A sports, travel and business journalist for more than 45 years, James has written the new car review column The Weekly Driver since 2004.
In addition to this site, James writes a Sunday automotive column for The San Jose Mercury and East Bay Times in Walnut Creek, Calif., and a monthly auto review column for Gulfshore Business, a magazine in Southwest Florida.
An author and contributor to many newspapers, magazines and online publications, James has co-hosted The Weekly Driver Podcast since 2017.