Tesla Now Offers Two-Year Lease In Response To Overwhelming Request

Tesla is known for its positive disposition towards customer feedback, and it has recently responded amicably to requests regarding a shorter lease period for its vehicles. As a result, Model S and Model X vehicles are now available for a two-year lease, though with rates adjusted accordingly.

As The Verge noted, Tesla was already offering a three-year lease for its cars. However, the company received a lot of requests from users who wanted shorter lease periods even if they had to pay a higher cost.

So now, in addition to the initial down payment that customers will have to pay to get a Tesla Model S or Model X, they will also have to shell out $593 a month. The down payment itself has received an increase as well, with Model S 60 kWh going for a hefty $7,288, while the Model X costs $7,425 of initial expenses to get. These are significant increases from the $3,862 and $3,983 respectively that customers had to pay for the three-year lease.

This option is only available until September 12, however, and there is yet no word on whether or not there are any plans to extend the timeline. This could simply be a way to entice customers to buy more vehicles before the Q3 sales report is finalized.

Another explanation for the new offering, as the International Business Times reports, is the fact that Tesla is now battling criticisms regarding the incidents involving its autopilot feature that resulted in damages. The company has reiterated time and again that, contrary to its name, the feature is not actually meant to completely take over for the driver while on the road.

Tweeting a video from Wired, which showcases exactly what the autopilot is meant to be and what it’s not, Tesla hinted that the accidents were results of not understanding the technology.