# Deal check: Anyone understand Tesla's lease math? (payment details included) **URL:** \ **Category:** Ask the Hackrs\ **Tags:** ca, tax, tesla\ **Created:** [December 27, 2023, 3:45am UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809 "2023-12-27T03:45:57Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![michael2](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/michael2/32/176990_2.png) [@michael2](https://forum.leasehackr.com/u/michael2)\ **Post date:** [December 27, 2023, 3:45am UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809/1 "2023-12-27T03:45:57Z")
Thanks to LeaseHackr forum, I got a great deal on an EQS during the spring. I have learned so much. Sorry for yet another Tesla post but my wife wants a Model Y. Iknow that Tesla leases are terrible, but I thought there may be a glimmer of hope since we would get the $7500 tax rebate (which we would not have qualified for if we purchased the tesla outright), a $1k referral credit and a MY that had a $3120 discount. Tesla’s website calculator said that we would be able to get the car for $392/mo (36mo/7k down/10k miles) (see image). After I made the downpayment, the actual payment details were sent to me and the monthly payments are $511/mo. Another confusing thing is that the cost over 36 months is $33k. Any thoughts are greatly appreciated. Not being able to do MSD/OnePay with an MF of 0.0035 (8.4%), makes it hard to pull the trigger even with the discounts. I guess i could buy the car outright, but with the new version coming out in 2025, the car may be hard to sell. ![Screenshot 2023-12-26 at 4.31.41 PM](https://leasehackr-assets.b-cdn.net/original/3X/a/c/ac1b5b88793f50f8927791cc2c062be9aa94dc74.png) ![Screenshot 2023-12-26 at 5.01.20 PM](https://leasehackr-assets.b-cdn.net/original/3X/f/9/f9cff41a1349bd76c730f0d23fb82f7774247e36.jpeg) ---
**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\ **Post date:** [December 27, 2023, 3:57am UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809/2 "2023-12-27T03:57:30Z")
> [@michael2](#): > > Tesla’s website calculator said that we would be able to get the car for $392/mo (36mo/7k down/10k miles) (see image). It appears you neglected to select the box for including taxes and fees in the displayed cost. ---
**Author:** ![michael2](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/michael2/32/176990_2.png) [@michael2](https://forum.leasehackr.com/u/michael2)\ **Post date:** [December 27, 2023, 4:10am UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809/3 "2023-12-27T04:10:56Z")
You are probably correct. There wasn’t a button/tab to activate for taxes and fees, but according to Tesla the monthly sales tax is $42/month. My guess is the tax, title, and extra Tesla fees would be about $50/month. So is this a reasonable deal? ---
**Author:** ![mllcb42](https://leasehackr.b-cdn.net/letter_avatar/mllcb42/32/5_5575768a8748004e209b776fc1b2916d.png) [@mllcb42](https://forum.leasehackr.com/u/mllcb42)\ **Post date:** [December 27, 2023, 4:17am UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809/4 "2023-12-27T04:17:59Z")
> [@michael2](#): > > There wasn’t a button/tab to activate for taxes and fees, but according to Tesla the monthly sales tax is $42/month Gotta check this box: ![Screenshot_20231226_231612_Chrome](https://leasehackr-assets.b-cdn.net/original/3X/b/4/b4fe409762e9a3a47c4e9a1ae2798078856c7a57.jpeg) In addition to monthly tax, youve got upfront tax on the $7500 and your $7000, plus hundreds in registration fees, acquisition fee, etc. ---
**Author:** ![z0lt3c](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/z0lt3c/32/240006_2.png) [@z0lt3c](https://forum.leasehackr.com/u/z0lt3c)\ **Post date:** [December 27, 2023, 4:28am UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809/5 "2023-12-27T04:28:12Z")
The $1000 referral credit for new buyers ended weeks ago. How did you still get this on a recent/current deal? Is this actually a cybertruck pre-order credit? ---
**Author:** ![michael2](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/michael2/32/176990_2.png) [@michael2](https://forum.leasehackr.com/u/michael2)\ **Post date:** [December 27, 2023, 4:31am UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809/6 "2023-12-27T04:31:40Z")
Cybertruck pre-order. I’ve been holding on to it for 3 years but don’t want to wait another 3. ---
**Author:** ![themachine](https://leasehackr.b-cdn.net/letter_avatar/themachine/32/5_5575768a8748004e209b776fc1b2916d.png) [@themachine](https://forum.leasehackr.com/u/themachine)\ **Post date:** [December 27, 2023, 4:35am UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809/7 "2023-12-27T04:35:36Z")
> [@michael2](#): > > Another confusing thing is that the cost over 36 months is $33k. $7,272.45 DAS + $7,500 lease cash + $250 order fee + $395 disposition fee + $511.03/mo \* 35 months = $33,303.50 ---
**Author:** ![michael2](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/michael2/32/176990_2.png) [@michael2](https://forum.leasehackr.com/u/michael2)\ **Post date:** [December 27, 2023, 6:19pm UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809/8 "2023-12-27T18:19:47Z")
> [@themachine](#): > > $7,272.45 DAS + $7,500 lease cash + $250 order fee + $395 disposition fee + $511.03/mo \* 35 months = $33,303.50 I see. It does look like I am getting credit for the tax refund. I also didn’t calculate it as 35 months. That makes a lot more sense. Thanks for clarifying. ---
**Author:** ![system](https://leasehackr-assets.b-cdn.net/original/3X/f/7/f76e5433b417879e07ad6f0cee47e239c8f1cdd4.png) [@system](https://forum.leasehackr.com/u/system)\ **Post date:** [February 25, 2024, 6:20pm UTC](https://forum.leasehackr.com/t/deal-check-anyone-understand-teslas-lease-math-payment-details-included/518809/9 "2024-02-25T18:20:05Z")
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