Tesla and Sixt Leasing Announce Strategic Partnership in Switzerland

ZURICH, April 22, 2014 /PRNewswire/ --

Swiss Customers Can Drive Model S for About CHF 660 per month, After Fuel and Tax Savings in Multiple Cantons 

Leasing Offer Includes Annual Service Performed by Tesla  

Tesla today announced an expansion of its strategic relationship with Sixt Leasing.  Now Model S customers in Switzerland, as well as Germany, can benefit from compelling lease offers from Sixt Leasing.  Swiss customers can obtain a lease offer from Sixt Leasing that results in the effective and attractive cost of driving a Model S of about CHF 660 per month, including annual service performed by Tesla.

Customers who lease a Model S with Sixt Leasing will enjoy exceptionally low monthly payments, annual service, and the unique cost advantages for driving Model S, such as free use of Tesla's Supercharger network and an exemption from Switzerland's annual road tax.  With 10% down on a 36 month lease, Sixt currently offers payments of approximately CHF 810 - 950* per month, depending on the mileage selected by the customer.  Driving a Tesla Model S can save customers up to CHF 300 per month in fuel and tax savings compared to other premium internal combustion vehicles, resulting in a potential effective cost of driving Model S of about CHF 660 per month.

The unique cost advantages of driving a Model S in Switzerland include:

                       Savings per
    Advantages         Month                   Explanation

                                    Savings from driving with electricity
                                    vs. gasoline, including access to
                                    Tesla's free Supercharging Network, and
    Fuel Savings      CHF 100 - 260 10,000 - 25,000 kilometres per year

                                    Electric vehicles are exempt from annual
                                    road tax in certain cantons including
    Road Tax Savings  Up to CHF 40  Zurich, Geneva and Ticino.

"We're pleased to offer attractive financing deals to our Swiss customers," said Elon Musk, CEO of Tesla.  "After a successful launch in Germany, we're looking forward to extending our partnership with Sixt Leasing to Switzerland."

Every lease with Sixt Leasing includes Tesla Service at no cost to the customer.  Customers living throughout Switzerland now can enjoy the thrill of driving Model S with the security of service directly from Tesla, including 24 hour roadside assistance.  

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*Non-binding sample calculations from Sixt Leasing (Schweiz) AG, Schwarzwaldalle 242, 4050 Basel, for a Tesla Model S 60 kWh, based on a retail price of CHF 71.900,00; incl. 8 % VAT, leasing duration 36 months, max. mileage 15'000 km p.a., with a down payment of CHF 7.190,00 and registration and administration fees amounting to CHF 500,00 paid separately. Calculation based on estimated savings relating to fuel, supercharging and road tax. Offers subject to confirmation; additional expenses arise for liability and full coverage insurances. The assignment of the above-mentioned offers and the terms and conditions of the contracts are under the sole responsibility of Sixt Leasing (Schweiz) AG. Granting of the lease is forbidden if it leads to the indebtedness of the lessee. Further details are laid down in the contracts. For inquiries contact your Tesla store. Please find on this website the cantonal road tax savings for electric vehicles: http://www.teslamotors.com/de_CH/incentives/CH.