Tesla Cuts Lease Pricing, Offers as Low as 2.49% Financing
Advertisement
Key Points
- Tesla is cutting lease prices across most of its lineup by $50 to $100 a month.
- Tesla is also offering lowered financing rates for well-qualified buyers.
- The deal won’t last long; Tesla said lease prices go back up Nov. 1.
With the demise of the federal electric vehicle tax credit at the end of September, automakers are trying to boost EV demand with incentives. Tesla’s latest offer cuts lease prices across much of its lineup, and the automaker is also offering financing deals.
Related: The EV Tax Credit Is Done; What Should an EV Shopper Do Now?
- ${price_badge()}
- ${ami_badge()}
- ${battery_badge()}${ev_report_link()}
- ${hot_car_badge()}
- ${award_badge()}
- ${cpo_badge()}
${price_badge_description}
${ami_badge_description}
The EV Battery Rating is based on this vehicle's current expected range relative to the vehicles expected range when new. ${battery_badge_text}
This vehicle is certified pre-owned, backed by a manufacturer warranty, and typically undergoes a rigorous multi-point inspection to ensure quality and reliability.
This vehicle is currently in high demand given its competitive price, desirable features, and overall condition, and may have a higher chance of selling quickly.
Shop the 2025 Tesla Model 3 near you
Tesla’s current lease and financing deals are as follows:
- Model 3 (Premium Rear-Wheel Drive): Lease for $329 per month with a $3,000 down payment (down from $429). Tesla is also offering 2.99% financing for up to 60 months on Model 3 purchases for well-qualified shoppers.
- Model S: Tesla is offering 3.99% financing for up to 72 months on Model S purchases for well-qualified shoppers.
- Model Y (Premium RWD): Lease for $449 per month with a $3,000 down payment (down from $529). Tesla is also offering 3.99% financing for up to 60 months on Model Y purchases for well-qualified shoppers.
- Model X: Tesla is offering 3.99% financing for up to 72 months on Model X purchases for well-qualified shoppers.
- Cybertruck (AWD): Lease for $699 per month with a $5,000 down payment (down from $749). Tesla is also offering 2.49% financing for up to 60 months on Cybertruck purchases for well-qualified shoppers.
But there’s a catch to all of these: The deals won’t last long. Tesla said lease prices will go up Nov. 1.
More EV News and Advice From Cars.com:
- Cars.com’s Top EV Picks of 2026
- How Can You Save on Your EV Purchase?
- Here Are the 11 Cheapest Electric Vehicles You Can Buy
- Electric Cars With the Longest Range
- Find Your Next Car
Related Video:
Cars.com’s Editorial department is your source for automotive news and reviews. In line with Cars.com’s long-standing ethics policy, editors and reviewers don’t accept gifts or free trips from automakers. The Editorial department is independent of Cars.com’s advertising, sales and sponsored content departments.
Advertisement
You Might Also Like
So you’ve decided to take a gamble on an electric vehicle, but you’d like to keep the ante down for getting into the game. There are lots of good reasons not to spend the kids’ college fund on the fanciest, six-figure EV — namely, sending them to college.
Welcome to the most important evolution of the Porsche 911 in the past 25 years — or, more precisely, the past 26 years, as the 1999 model year marked the arrival of the 996 generation, which was the first water-cooled 911. If you’re not familiar with the significance of Porsche’s switch from air cooling to water cooling, just know it was a really big deal — and I reckon the new 2025 Porsche 911 Carrera GTS T-Hybrid comes close to matching it for historical importance.
VVT-i is short for Variable Valve Timing-Intelligence, an early version of Toyota’s variable valve-timing system that came to be offered on many of the company’s engines.
The U.S. and China have come to an agreement on semiconductor shipments, averting what could have possibly been the second time in less than decade that a chip shortage threatened to upend the auto industry. The deal will allow exports of semiconductors made by Nexperia to continue, allowing automakers to finally get production back on schedule. (Nexperia is a Chinese-owned tech company that makes chips for the auto industry and is based in the Netherlands.)
Volkswagen redesigned its compact Tiguan SUV for the 2025 model year, giving it a thorough reworking inside and out and making it more comfortable, more capable and even nicer inside than the last one. But the automaker promised something a little extra for the 2026 Tiguan’s top trim: A higher-output version of the turbocharged 2.0-liter four-cylinder engine that sits under the hood of all Tiguans.
Gannon Burgett|Car and DriverThis article was updated with new information in April 2026.Every truck owner has pondered purchasing a tonneau cover at some point. Feelings about them vary. Some argue t