How Much Is It To Lease A Tesla (Explained)

The lease price of a Tesla depends on the model, trim, and options you choose. The average monthly lease payment for a Tesla is around $500, but can range from $300 to $1,000 per month.

How Much Is It To Lease A Tesla

Starting at $499 per month for the Model 3, Tesla leases are based on a 36-month term with 10,000 miles per year. Monthly payments vary depending on the model, trim, and options you choose. For example, a lease on a Model S Long Range starts at $749 per month.

How Much is it to Lease a Tesla?

The Cost of Leasing a Tesla

The cost of leasing a Tesla varies depending on the model you choose, the length of your lease, and your down payment. However, you can generally expect to pay between $400 and $1,000 per month for a Tesla lease.

Factors Affecting the Cost of Leasing a Tesla

The following factors will affect the cost of leasing a Tesla:

Model:

The most expensive Tesla models are the Model S and Model X. The Model 3 is the most affordable Tesla model.

Length of lease:

The longer the lease term, the lower your monthly payments will be. However, you will end up paying more in total for the lease.

Down payment:

A larger down payment will lower your monthly payments. However, you will have less money to use for other expenses.

Residual value:

The residual value is the estimated value of the car at the end of the lease. The higher the residual value, the lower your monthly payments will be.

How to Lease a Tesla

To lease a Tesla, you can either contact a Tesla dealer or visit the Tesla website. Tesla offers a variety of lease options, so you can find the one that best suits your needs.

Benefits of Leasing a Tesla

There are several benefits to leasing a Tesla, including:

Lower monthly payments:

Leasing typically results in lower monthly payments than buying a car outright.

No down payment:

Many Tesla leases do not require a down payment.

Tax benefits:

You may be able to claim tax deductions on your Tesla lease.

Flexibility:

You can return the car at the end of the lease and upgrade to a new model.

Drawbacks of Leasing a Tesla

There are also some drawbacks to leasing a Tesla, including:

You don’t own the car:

At the end of the lease, you must return the car to Tesla.

You may have to pay for excess wear and tear:

If you damage the car beyond normal wear and tear, you may have to pay for the repairs.

You may have to pay for early termination fees:

If you terminate your lease early, you may have to pay an early termination fee.

Conclusion

Leasing a Tesla can be a great option for those who want to drive a new Tesla without having to pay for the entire car. However, it is important to weigh the pros and cons of leasing before making a decision.

Also Read: How Much To Install Tesla Charger

FAQs: How much is it to lease a Tesla?

How much does it cost to lease a Tesla Model 3?

The lease price of a Tesla Model 3 depends on the trim level, mileage, and term of the lease. For example, a Tesla Model 3 Standard Range Plus with a 36-month lease and 10,000 miles per year has a starting lease price of $459 per month.

How much does it cost to lease a Tesla Model S?

The lease price of a Tesla Model S depends on the trim level, mileage, and term of the lease. For example, a Tesla Model S Long Range with a 36-month lease and 10,000 miles per year has a starting lease price of $749 per month.

How much does it cost to lease a Tesla Model X?

The lease price of a Tesla Model X depends on the trim level, mileage, and term of the lease. For example, a Tesla Model X Long Range with a 36-month lease and 10,000 miles per year has a starting lease price of $1,049 per month.

How much does it cost to lease a Tesla Model Y?

The lease price of a Tesla Model Y depends on the trim level, mileage, and term of the lease. For example, a Tesla Model Y Long Range with a 36-month lease and 10,000 miles per year has a starting lease price of $599 per month.

How much does it cost to lease a Tesla Cybertruck?

The lease price of a Tesla Cybertruck has not yet been announced. However, it is expected to be similar to the lease prices of other Tesla models.