When making a significant purchase, the first step is always to peruse the aisles, weigh your options, and make a choice that is right for you. The proper Tesla lease model selection is no different. The carmaker now has two sedans and two SUVs in its lineup of available alternatives.
Due to its low price—at least until the $25,000 model is released—Tesla’s Model 3 car has swiftly become the best-selling electric vehicle in the world to date.
What’s the best Tesla to lease?
The second sedan is the Model S, which has been produced by Tesla for the longest time and has a reputation for style and peak speed (currently the fastest own a car Fresno in the world for its Plaid specification). But the sporty appearance and elite performance come at a far higher cost.
The second-longest continuously produced EV, and by far the largest, is Tesla’s Model X. It receives excellent grades for performance, range, and cargo space and has a wide range of upgradeable options, including six or seven seats. Despite this, its price is the highest among Tesla’s base models.
The Model Y, which resolved to go on sale in March 2020, is Tesla’s most recent electric vehicle. The smaller Model Y, which is extra of a crossover version of the greater Model X, is more reasonably priced than its bigger, older sibling in the social security office Honolulu.
Soon after the 2012 launch of its Model S vehicle, Tesla began offering leasing alternatives. Since then, every model has also been offered with click lease options, with the Model Y being the most current to do so in July 2019.
There are leasing direct alternatives whether you’re looking for a Model X Plaid with a seven-seat cabin or a Standard Range Plus Model 3 with no enhancements.
What states can you lease a Tesla in?
Unfortunately, not all 50 states presently offer Tesla leasing, but, as of now, 42 states plus DC do. The following states are where you can rent a Tesla:
Alabama
Alaska
Arkansas
Arizona
California
Colorado
Connecticut
Washington DC
Florida
Georgia
Hawaii
Iowa
Idaho
Illinois
Indiana
Kansas
Louisiana
Massachusetts
Maryland
Maine
Minnesota
Missouri
Montana
North Carolina
North Dakota
New Mexico
Nevada
New Jersey
New York
Ohio
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Virginia
Vermont
Washington
West Virginia
Wyoming
That leaves the following states that Tesla currently does not offer leases:
Delaware
Kentucky
Michigan
Mississippi
Nebraska
New Hampshire
Oklahoma
Wisconsin
South Pasadena police go electric with Tesla leases:
The police department in South Pasadena, California, claims to be the first city in the US to operate a fleet entirely powered by electricity by the beginning of next year. 20, the city will lease Tesla from Enterprise for administration, sleuthing, and patrol.
- Ten Tesla Model Y and ten lease Tesla Model 3 monthly payment vehicles are part of the leasing arrangement, valued at close to $2 million in public cash, and will last for at least five years.
- A committee that seeks to lessen automobile pollution in the South Coast region has also donated $500,000 to the city.
- According to Brian Solinsky, the police chief of South Pasadena, electric vehicles would be the most practical for the city’s operations because they are the safest and swiftest vehicles and will cost less to maintain and fuel.
- In addition, Councilmember Michael Cacciotti, who promoted the switch to electric vehicles, thinks South Pasadena is establishing the benchmark for the US and the rest of the globe.
- In collaboration with Southern California Edison, more than 30 charging stations, some of which will be available to the general public, will be set up at the parking lots at South Pasadena City Hall to support the fleet of electric police cars.
- Over the following ten years, the city anticipates saving more than $300,000 per vehicle on fuel and maintenance expenses.
- According to Deputy City Manager Domenica Megerdichian, most of the city’s police vehicles are ready to be replaced and will either be handed in or auctioned off.
- Not just South Pasadena is taking action to decarbonize its police operations. However, here there is a long way to go. New York City is attempting to convert its municipal fleets, including patrol cars, to electric vehicles.
- With almost 6,200 vehicles among the 30,000-strong NYC fleet, the NYPD faces a challenging task. With the recent acquisition of Ford Mustang Mach E vehicles and an order for 250 Tesla EVs, they have made some progress.
- About 25,000 people live in South Pasadena, a portion of Los Angeles County.
How much does a Tesla lease Price?
All listed prices are current as of the publication date. Prices for each model are based on a down payment of $4,500 and a 36-month lease with 10,000 miles per year.
Furthermore, no upgrades or add-ons are included in these base model rates.
Tesla Model 3 lease
- To start, a 2021 Tesla Model 3 Standard Range Plus will cost $19,919 to lease for 36 months at 10,000 per year, with a down payment of $5,604 (including acquisition charge).
- The acquisition charge, down payment, and $0.66 per mile added in work out to about $553 each month.
- The leasing agent’s salary for the Long Range Model 3 will cost $519 per month, with a down payment of $5,714, totaling $23,879. The down payment and $0.80 per mile total for the registration renewal is $663 monthly.
- Moving on to the Model 3 Performance trim, your initial monthly payment will be $669, and your total down payment will be $5,864.
- Your total expenses for the next 36 months will be $29,279, or $813 monthly. That works out to $0.98 per mile as well.
- It would be the most excellent place to start understanding the “low end” of leasing a Tesla spectrum because, believe it or not, the Model 3 is the most affordable in the fleet.
Tesla Model Y lease
- The Model Y is not just Tesla’s newest electric vehicle but also the second most economical choice based on beginning pricing.
- For a 2021 Tesla Model Y Long Range, leasing costs are as follows: With $5,774 down (including acquisition fee) and $579 per month for 36 months at 10,000 miles per year, the vehicle will cost $26,039 when purchased.
- The purchase cost and down payment work out to $723 each month, or $0.87 per mile.
- With a $5,904 down payment and a slightly higher monthly payment of $709 for the Performance Model Y. That comes to $30,719, or $853 each month. That comes out to $1.02 per mile as well.
The Tesla Model S lease
- For a brand-new 2021 Tesla Model S Long Range, you’ll have to put down $6,443 (including the acquisition charge) over 36 months and 10,000 miles for a total of $50,123.
- The down payment and acquisition charge included totals about $1,392 monthly or $1.67 per mile.
- Prepare yourself because both the rates and we are going plaid. You will have to pay $1,838 a month plus $7,033 due at signing for the ultra-high performance Model S Plaid with $4,500 down, for $71,363.
- Overall, that works out to $1,982 per month or, even better, $2.38 per mile.
Tesla Model X lease
- The Model X is Tesla’s largest electric vehicle to date, and if you can afford it, it has a spacious interior and a tonne of reasonable modifications.
- For instance, if you want to lease a 2021 Tesla Model X Long Range, you must put down $6,543 (including the acquisition fee) and pay $1,348 monthly for 36 months at 10,000 miles per year.
- That leaves a balance of $53,723, $1.79 per mile, or $1,492 monthly, including the down payment and purchase charge.
- With the Model X’s 2021 facelift, Tesla financing rates also unveiled a Plaid variant, which will go on sale in the summer of 2022 for those who buy now. This big boy will set you back a fair amount of money in the gap near me to lease.
- You’re looking at a total payment of $1,688 per month, with a down payment of $6,883 plus the purchase fee. $65,963 or $1,832 a month is the amount. You should expect to pay roughly a gap return policy of $2.20 for each mile.
FAQ’S
1. What is the average lease on a Tesla?
For instance, if you want to lease a 2021 Tesla Model X Long Range, you must put down $6,543 (including the acquisition fee) and pay $1,348 monthly for 36 months at 10,000 miles per year. That leaves a balance of $53,723, $1.79 per mile, or $1,492 monthly, including the down payment and purchase charge.
2. How much is a Tesla per month?
The typical monthly payment for a Tesla car loan is between $1,100 and $2,500, although every auto loan is unique. But a few factors will affect how much your loan will cost you monthly.
3. Can you get a Tesla with 500 credit score?
The starting rate for Tesla’s auto financing choices is 2.49 percent APR for terms of 3 and 6 years (36 and 72 months, respectively, using more conventional vehicle finance measurements).
4. Do you need good credit to lease a Tesla?
Tesla doesn’t disclose its minimum income or credit score standards for auto leases or loans. Consequently, you might need to apply to determine if you’re approved. Even if you have excellent credit, you might not initially be able to lease or finance a Tesla through its direct loan program.
