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Buy the Model x and lease the batteries - and I will take Powerwall as well

Buy the Model x and lease the batteries - and I will take Powerwall as well

I am an existing solar customer (non-Solarcity) configured for over 6 kWh - installed in 2009. I would like to buy the car (which I would anyway) and lease the battery. Granted there would be a price differential - cost of the car versus lease the battery. However - it would allow the battery exchange to move forward - as I would not care to come back to the exchange station to pick up my battery - I would just continue to exchange it. Best fit for the best idea.

Vanwhite1 | June 17, 2015

Thank you - and I appreciate your comments.

Red Sage ca us | June 17, 2015

This has been brought up a gazillion times. The answer is 'NO.' That would be like buying a HEMI and asking to rent the gas tank.

grant10k | June 17, 2015

I am an existing Target customer (non-redcard). Seems like an odd thing to lease part of a car. What if someone stops paying the lease? Are they going to take just the battery away? What if you sell your X to someone else? Do they have to sign on to your old infinite-year lease, or do they have to buy the battery from Tesla, or do you have to buy it before you sell it?

I get that it's so that you wouldn't have to get your old battery back from a battery swap because both batteries would be owned by Tesla anyway, but it seems this solution adds a ton of problems to solve just one.

cconway | June 17, 2015

How about following the gas station model? Remove the charging port and make owners do a battery swap when they need more juice, for which we would pay a price comparable to a tank of gas. Then sell the car for considerably less.

Vanwhite1 | June 17, 2015

This is no different than the Solarcity model. It is tiresome to hear 'no' rather than 'how'. Get a little creative rather than nix a good concept. So far, based on the comments.. Why lease a car? The point is there is a new model for a lease and it should be given consideration, particularly since there is an afterlife for the batteries... E.g Powerwall.

grant10k | June 17, 2015

You weren't talking about leasing the car though. You were talking about buying the car, then leasing just one component. A required and proprietary component.

It's just a weird concept. You can end up owning just the shell of a car with no battery. A useless mound of aluminium that can only be sold to someone who has a spare Tesla battery laying around (which is probably JUST Tesla). Then you get other weirdnesses like, how you market and badge a car with a variable instead of the main 'trim' level. Instead of 85X or 70X, you'd have an xX.

Seriously, it's weird. It's like buying a TV, but renting the built-in speakers. Buying most of a house, but renting just the basement (not renting TO someone, but renting FROM a property manager). Like Red Sage said, buying a car but renting the gas tank. Everything's going to fall apart if the lease ever ends so it has to be a forever lease, so why not just lease the whole damn thing?

It's solving one problem by creating 50.

TonyInNH | June 17, 2015

Batteries not included :)

ian t.wa.us | June 17, 2015

No, not like Solarcity. More like Better Place. Google that name and see how it worked out.

vandacca | June 18, 2015

The actual battery costs less than you think. The current cost of an 85kWh battery is under $12,000. By 2020, that price should drop to around $6,000 and there is no indication that it won't drop even further.

Even today at under $12k, thats only about 12% of the cost of 85kWh vehicle. As time goes on, this percentage will shrink further, and this discussion becomes a moot point.

georgehawley.fl.us | June 18, 2015

Kind of like buying a flashlight except buy the car and rent the battery pack instead of buy it. That reduces the initial cash outlay by a few thousands of dollars but incurs a monthly lease charge. The length of such a lease would have to be determined. Unlike cars there is no established used battery market. Could Tesla rely on being able to resell the used Li-ion cells in the PowerWall products? Would you have the option of extending the lease or lease a new battery pack? As Tesla continues to reduce Li-ion costs, the value of the used cells diminishes. That would suggest practically fully amortizing the cells in the course of the lease, increasing the cost of the lease.

It would probably make more sense to lease the car with batteries included, the package having recognized end of lease value, masking the battery cost dynamics.

raffael s. | June 19, 2015

I do think something like this would be possible, but not for Tesla. Tesla would still have to pay for the battery. And for a company that has to spend every dollar they earn, or even more, to continue expanding. If they would have introduced a battery leasing system now, they might have 300 million dollar less to spend at the end of the year. Or they would have to find a bank, willing to pay for the batteries and collect the lease, but then battery swaps won't work, because some batteries would be the banks property and some would belong to tesla.
In the end, leasing a battery directly from Tesla, would only be the only possibility of battery swapping. But if you would build a big shelter full of batteries, which also would have to be recharged, why not use them to buffer the power power drawn from the grid and make stronger chargers. Battery swaps will only be an option as long as charging times are a problem.
So the conclusion I come to is: Swap/leasing is not possible today and as soon as it becomes possible, charging times, and as vandecca said, battery cost won't be a problem. Adding all the logistical problems like stopping paying the lease, reselling the car, or even the cost calculation of the lease, just would add a whole range of problems

Brian H | June 22, 2015

Solving a vast problem with half-vast plans.