EV lease deals are reshaping car ownership costs by offering consumers a financially viable way to drive some of Tesla‘s products, while mitigating upfront expenses and long-term risks. Leasing allows Tesla users to pay only for the depreciation of the vehicle during the lease term, which often results in lower monthly payments compared to financing an EV purchase. This makes the American EV manufacturer’s products a bit more accessible to a broader audience, but that’s only if you’re looking for a short-term ownership experience.
Tesla regularly promotes lease deals on a monthly basis for any of its five existing products, with some offering incentives like reduced interest rates, zero down payments, and maintenance packages to entice buyers. The leasing model also aligns with the rapid pace of the company’s innovation, enabling drivers to upgrade to newer models with better range, charging speeds, and features every few years. This eliminates
concerns about depreciation
and battery replacement costs, which is a significant concern for existing EV owners, particularly those who buy into the Tesla brand.
Leasing companies also pass federal and state tax credits directly to lessees, further lowering the effective cost of driving an EV. These deals also make EVs attractive for urban drivers or those with predictable commutes who may not require long ranges or heavy annual mileage. Leasing is rapidly becoming a central strategy to reduce barriers to entry to the Tesla brand, as the market for electric vehicles grows and competition among manufacturers intensifies. This makes EVs a practical and cost-effective option for consumers while accelerating the transition to sustainable transportation.
In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from Tesla’s websites and other authoritative sources, including the EPA.
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The Benefits Of Leasing Versus Owning
Leasing a Tesla in the U.S. offers lower monthly payments, minimal upfront costs, and the ability to upgrade to a new model every few years, making it ideal for those who want the latest technology without long-term commitments. Leasing includes a factory warranty for the lease term, reducing maintenance expenses, but it comes with mileage limits and no equity buildup. Customization is restricted, and early termination fees can be costly. Owning a Tesla allows full control over the vehicle, no mileage restrictions, and the potential to benefit from high resale value.
Tesla owners can take advantage of federal and state tax incentives, making the total cost of ownership more attractive. Unlike leasing, owners retain long-term financial benefits and can modify their vehicles as they wish. However, purchasing requires a larger upfront investment and higher monthly payments if financed. Maintenance costs are lower than those of gas-powered cars but may increase after the warranty expires. Leasing suits those who prefer driving new vehicles with lower financial risks, while ownership benefits long-term users who want full control and potential savings over time.
If you’re looking for the most cost-effective approach over a short-term period that’s less than five years, leasing is always going to be a much more feasible option. Although not the worst in the industry, Tesla’s EVs depreciate at a fairly rapid rate, so leasing is a great way to defer that loss in value to the dealer. If you plan on owning a Tesla for longer than five years, we do recommend opting to purchase one. If you factor in the cost to replace the battery pack, which can range between $8,000 to $16,000 depending on your model of choice, leasing could even become the more cost-effective option during this period.
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How Much It Costs To Buy Or Lease The Model 3/Model Y
Tesla currently leases the Model 3 Long-Range Rear-Wheel Drive for $249 a month over 36 months, but you have to put $2,999 down and are limited to driving 10,000 miles every year. The Dual Motor costs $349 a month, and the Performance $599 a month. The February lease deal for the upcoming Model Y Juniper update appears very attractive, with the Long Range Rear-Wheel-Drive priced at $299 a month, the Dual Motor at $399 a month, and the Performance at $599 a month. The limited Launch Series will be available at a $699 a month rate.
How Much A 2025 Tesla Model 3 Costs
The base rear-wheel-drive Long Range starts at $42,490, before you factor in the Inflation Reduction Act tax credit, and produces 286 horsepower and 310 pound-feet. The result is a 4.9-second 0-60 MPH time and 125 MPH top speed.
Using the brand’s 79 kWh lithium-ion battery, the EPA estimates that it’ll cover 363 miles on a single charge and return a highly favorable 25 kWh per 100 miles on the combined cycle. Upgrading to the Dual-Motor configuration will cost you $47,490, but you get to enjoy an increased 394 horsepower and 377 pound-feet.
The Performance costs $54,990. This features the same configuration as the Dual Motor, but with an increased 510 horsepower and 546 pound-feet state-of-tune.
Tesla Model 3 Performance Specifications
All Tesla Model 3 derivatives feature the same specification list, which includes a pair of heated and ventilated electrically adjustable front seats with memory functions, dual-zone climate control with rear air vents, an auto-dimming rearview mirror, and ambient lighting. Tesla upholsters the cabin in black sustainable leather, but you can get the black and white combination for $1,000. Center console trays cost $35, all-weather liners $225, and a roof rack will set you back by $400.
The Model 3 features a dazzling 15.4-inch touchscreen system that manages all the car’s primary functions. It’s packed with comfort, convenience, and entertainment software, including navigation, Dog Mode, Camp Mode, preconditioning, and more. The rear bench also employs a new 8.0-inch screen, that rear patrons can use to manage some comfort and entertainment functions. Tesla connects the system to a 17-speaker audio system with two subwoofers and amplifiers. Tesla fits two wireless smartphone chargers beneath the infotainment screen.
How Much A 2025 Tesla Model Y Costs
2025 Tesla Model Y Juniper
The Tesla Model Y Juniper is a refreshed version of the popular all-electric compact SUV that was just launched in China and other Asian markets. The Juniper trim brings along updated exterior styling, improved performance, and new technology. No specific information about its U.S. release is yet known, but enthusiasts are ready for the updated version of the Model Y.
- Model
-
Model Y Juniper
- Engine
-
Single or dual electric motors
- Horsepower
-
N/A
- Torque
-
N/A
- Driveline
-
RWD or AWD
- Range
-
368-447 miles (CLTC)
- Starting Price (MSRP)
-
$35,935
- 0-60 MPH
-
5.9-4.3 Seconds (0-62 MPH)
- Top Speed
-
124 MPH
If you want to consider an all-new Tesla Model Y , you can expect to pay $44,990 for the Long Range, $47,990 for the Dual Motor, and $51,490 for the flagship performance derivative. Most of these derivatives are eligible for the $7,500 Inflation Reduction Act tax rebate, together with other noteworthy long-term savings. Opting for the used model also lets you consider the $4,000 tax credit provided you meet certain specific income criteria. Features included in the cabin consist of heated and electrically adjustable front seats with memory functions. All models also include vegan leather upholstery, a heated faux leather steering wheel, and dual-zone climate control with rear air vents. Additional interior trimmings include aluminum and wood combination accents with metal-like details, and an auto-dimming rearview mirror. Tesla offers minimal optional cabin features, but you can specify black and white leather for $1,000.
2025 Tesla Model Y Pricing
| Price | |
| Long Range | $44,490 |
| Dual Motor | $47,990 |
| Performance | $51,490 |
The Tesla Model Y features one 15-inch touchscreen infotainment system , covering most of the convenience, comfort, entertainment, and safety functions. It also acts as a digital instrument cluster, freeing up the space behind the steering wheel. It includes navigation, but there is no Android Auto and Apple CarPlay. It does come with the Caraoke feature, music streaming functions, and internet browsing via a monthly subscription. Tesla connects this to a 13-speaker premium audio system, including one subwoofer and two amplifiers. There are also four USB ports for charging and data transfer and two wireless smartphone chargers.
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How Much It Costs To Buy Or Lease The Model S/ModelX
Due to their more premium status, leasing the Tesla Model S and Model X is a much costlier route to take. The Dual-Motor S costs $998 a month over 36 months with $7,500 due on signing and limited to 10,000 miles a year. The Plaid will have you increasing your monthly budget to $1,148 a month. The Model X Dual Motor and Plaid will cost you $1,149 and $1,300 a month, respectively.
How Much A 2025 Tesla Model S Costs
2025 Tesla Model S
The Tesla Model S is the brand’s flagship sedan that offers some of the best performance of any EV on the market. The Model S Plaid is one of the fastest cars in the world, accelerating to 60 MPH in 1.99 seconds on its way to a top speed of 200 MPH. While its performance and nearly six-figure price tag put it among the most expensive and luxurious electric sedans, the Tesla is missing some of the amenities and luxury features of other makes and models in its class.
- Model
-
Model S
- Engine
-
Dual- or triple electric motors
- Transmission
-
Single-speed automatic
- Horsepower
-
670-1,020 HP
- Torque
-
723-1,050 LB-FT
- Driveline
-
AWD
- Range
-
348-402 Miles
- Starting Price (MSRP)
-
$79,990
- 0-60 MPH
-
3.1-1.99 Seconds
- Top Speed
-
200 MPH
The Tesla Model S dual-motor kicks the range off at $79,990. The price increases to $94,990 for the Plaid. Optional extras include the $4,500 21-inch Arachnid wheels, $2,000 Black and White or Cream leather upholstery with Walnut touches, and the $1,000 Yoke steering wheel.
The Tesla Model S maintains its minimalist interior design with a primary focus on high-tech digital displays positioned at the front and rear. The star of the cabin is the immersive 17-inch central touchscreen display, which benefits from an impressive teraflops of processing power, which is enough to challenge some of the best gaming systems.
| Price | |
|---|---|
| Dual-Motor | $79,990 |
| Plaid | $94,990 |
A 12.3-inch digital instrument cluster and a 9.4-inch screen for the rear bench supplement this. The Tesla Model S range also enjoys a premium 22-speaker 960-Watt audio system.
All seats are upholstered with premium and sustainable leather. Tesla includes heating, ventilation, and 12-way electric adjustment with memory functions for the front seats. Upholstery shade options consist of Black as standard. Additional standard features include tri-zone climate control, and a wireless smartphone charger.
How Much A 2025 Tesla Model X Costs
2024 Tesla Model X
The Model X from Tesla soldiers on into 2024 with some changes including a new red paint called, “ultra red”, lighter and brighter glass roof, and upgraded brake pads for the plaid model. The Model X has been around since 2016 and has received many updates since then, allowing it to continue to be competitive in the segment it originally disrupted those years ago. Its explosive acceleration and similar range to other EVs in the performance SUV space are high points for Model X. Tesla’s self-driving capabilities are still impressive, and only continue to get better with over-the-air updates.
- Model
-
Model X
- Engine
-
2-Motor/3-Motor
- Transmission
-
1-Speed
- Horsepower
-
670-1,020 HP
- Torque
-
713-1,151 LB-FT
- Driveline
-
AWD
- Range
-
326-335 Miles
- Starting Price (MSRP)
-
$77,990 – $92,990
- Fuel Economy
-
98-100 MPGe
- Charge Time
-
Up to 200 miles in 15 minutes
- Towing Capacity
-
5,000 LBS
- 0-60 MPH
-
2.5-3.8 Seconds
As of 2025, a standard Tesla Model X Dual-Motor will cost you $84,990, and that’s before you specify the optional seating layouts. The six-seater layout with the middle captain’s chairs costs an extra $6,500. The conventional seven-seater layout increases the price by $3,500. All Model X options come standard in Stealth Black, but you have to pay an extra $1,500 if you want the Pearl White Multi-Coat, Deep Blue Metallic, or Solid Black. Ultra Red and Lunar Silver cost $2,500. The 22-inch Turbine wheels cost $5,500, but these will negatively impact your range and efficiency.
2025 Tesla Model X Pricing
| Trim Level | Price |
|---|---|
| Dual-Motor | $84,990 |
| Plaid | $99,990 |
Additional options include the $8,000 Full Self-Driving Package. You can also elevate your interior experience with the $2,000 Black and White or Cream leather upholstery with walnut decor. The controversial Yoke steering wheel option is also available in the Model X range, but this will cost an extra $1,000. Additional options include the home and mobile charging cable, costing $420 and $275, respectively. A car cover costs $450, the all-weather interior liners $275, and the air compressor and tire repair kit $110. All of these features, except for the seating configurations, are also available for the Plaid, which starts at $99,990. Tesla includes a $1,390 destination fee on all Model X orders.
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How Much It Costs To Buy Or Lease The Cybertruck
Tesla leases the Dual-Motor Cybertruck for $749 a month over 36 months with $7,500 due at signing and a 10,000 annual mileage limit. The Cyberbeast is available for $1,000 a month.
How Much A 2025 Tesla Cybertruck Costs
The Tesla Cybertruck’s price is by no means one of its strongest attributes, which makes its success all the more impressive. As of 2024, the range starts at $79,990 for the dual-motor all-wheel drive derivative and $99,990 for the top-of-the-range triple-motor Cyberbeast. Tesla initially announced that it would introduce a $39,990 Work Truck trim, but like the F-150 Lightning and Silverado EV, this never came to fruition, likely because this is too low and unrealistic of a price target to meet. A rear-wheel drive model will enter the market in 2025, with a $60,990 price tag.
Tesla Cybertruck Trims And Pricing
| Rear-Wheel Drive | $60,990 |
| All-Wheel Drive | $79,990 |
| Cyberbeast | $99,990 |
The Cybertruck’s configurator is pretty bare, with the only optional extra being the $3,500 Cyber Wheels and covers with all-terrain tires, $2,000 white decor, and the $8,000 FSD package . It does have a very comprehensive catalog, consisting of protective and cosmetic wraps, additional off-roading equipment, an equally obscure tent, and more. The brand also offers a range of extended battery packs for those wanting to increase the already generous manufacturer-claimed figures. Due to its very heavy curb weight figure, the brand has to charge $1,995 for a destination fee.
