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Thursday, February 25, 2010

Tesla to Offer Auto Leases on Roadster

Electric car maker Tesla Motors Inc. said Wednesday that it will offer a lease option on its flagship Roadster and Roadster sport models, in a move intended to help ease the pricey vehicle into the mainstream.

Starting Wednesday, the 2010 Roadster, which competes against exotic sport cars like the Porsche 911, will be available on a three-year, 30,000-mile lease based on the manufacturer's price of $111,005, Tesla said. A lease requires an up front $12,453 payment, which includes a $1,658 first monthly payment, a $9,900 down payment and an $895 acquisition fee, company said.

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