Cost to Lease a Tesla Car per Month: A Comprehensive Guide

Leasing a Tesla car can be a great way to drive a luxury vehicle without the long-term commitment of owning one. The cost to lease a Tesla car per month varies depending on the model, trim level, and lease term.

The base Model 3, for example, has a starting lease price of around $400 per month. This price includes standard features like Autopilot and a 15-inch touchscreen display.

To give you a better idea of the costs involved, let's break down the estimated monthly lease payments for some popular Tesla models. The Model S, for instance, starts at around $1,000 per month.

The cost to lease a Tesla car per month varies depending on the model you choose. For the Tesla Model 3, leasing prices start at $409 a month for the Standard Range Plus model.

Leasing a Tesla Model 3 can be a great option for those who want to drive a new car every few years. The Long Range Model 3 costs $519 a month, while the Performance trim costs $669 a month.

The Tesla Model Y is another affordable option, with leasing prices starting at $579 a month for the Long Range model. The Performance Model Y costs $709 a month, which is a bit higher.

If you're looking to lease a more luxurious Tesla, the Model S Long Range costs $1,248 a month, while the Model S Plaid costs a whopping $1,838 a month. The Model X Long Range also costs $1,348 a month, with the Plaid version costing $1,688 a month.

In general, the cost to lease a Tesla car per month can range from around $400 for the Model 3 to over $1,800 for the Model S Plaid. Keep in mind that these prices do not include additional costs such as acquisition fees and mileage charges.

If you drive more than 15,000 miles a year, it's a safer bet to buy a Tesla, as leasing can result in higher costs over time.

Leasing a Tesla can be a good option if you want to upgrade to a new model every few years, with the ability to trade up after three years.

The money down on a Tesla lease is often less expensive than other EV manufacturers, but you'll be locked into the same model for three years.

Maintenance on a Tesla is relatively simple, as they don't require gasoline or oil, and software updates are done over-the-air.

Financing a Tesla Model 3 allows you to take full ownership of the car, which can be a good option if you value having the latest tech and want to customize your vehicle.

With financing, you can also invest in a future-proof vehicle loaded with advanced features, such as Tesla's Full Self-Driving capability.

Financing a new Tesla Model 3 can be a smart move, especially with Tesla's current offer of a 1.99% APR, valid until August 31, 2024.

This promotional rate brings monthly payments down to around $478 after estimated savings, with no down payment required. Financing also allows you to take full ownership of the car after paying off the loan, which is not an option with leasing.

The Tesla Model 3 comes packed with the latest technology, including Full Self-Driving capability, which can be a major selling point for some buyers. Financing this vehicle means you'll have the freedom to customize it to your liking.

Federal and state incentives can make financing a new Tesla Model 3 more accessible than ever before. In New York, for example, the Federal Tax Credit can reduce your monthly payments by $104, while the state's EV incentive can cut an additional $28 per month.

Leasing, on the other hand, offers flexibility, especially for those who prefer driving a new car every few years. However, it comes with the drawback that you won't own the vehicle at the end of the lease term.

Leasing prices for a 2021 Tesla Model 3 Standard Range Plus start at $409 monthly for 36 months, with $5,604 down. Leasing generally results in lower monthly payments than financing, but it also comes with the risk of early termination fees or charges for excessive wear and mileage overages.

Buying a car can be a significant investment, especially when considering the cost of a 3-year-old vehicle. The average price of a 3-year-old car is around $15,000 to $20,000.

One major factor to consider is the depreciation of a vehicle over time. According to the article, a car can lose up to 50% of its value within the first three years of ownership.

If you're planning to buy a 3-year-old car, it's essential to research the market value of the specific model you're interested in to avoid overpaying. This will help you make an informed decision and stay within your budget.

Typically, a 3-year-old car has already taken its biggest depreciation hit, which means the value will decrease more gradually from here on out. However, this doesn't mean you won't still experience some depreciation – it's just a slower process.

The decision to buy or lease a Tesla ultimately comes down to your individual needs and preferences. If you're looking for the most affordable option, the Model 3 sedan is a great choice, especially with its status as the world's best-selling electric vehicle.

The Model 3 sedan has a lower price tag compared to the other Tesla models, making it a more accessible option for many buyers. However, if you're willing to pay a premium for style and top speed, the Model S is an excellent choice, especially with its Plaid trim.

If you need a vehicle with plenty of cargo room, range, and performance, the Model X is a great option, despite its higher price tag. The Model Y, on the other hand, offers a more affordable price point while still providing a spacious interior and impressive performance.

Tesla offers leasing options for all of its models, including the Model Y, which was the most recent to launch its leasing program in July 2019.

Leasing deals for Tesla Model 3 are made simple by carwow, which helps you find the best offers by comparing deals from local and national leasing companies.

You can configure your lease deal to suit your needs by adjusting the contract length, initial payment, and annual mileage. A carwow Tesla Model 3 lease deal includes free delivery, road tax for the contract length, and the car's full UK manufacturer warranty.

The costs of leasing a Tesla Model 3 are often lower than other finance methods, allowing you to afford a higher-spec model.

Here are some monthly payment options for a Tesla Model 3:

Leasing the car can act as a lengthy trial period to help drivers make a decision about whether or not they want to buy the car.