Tesla is adding a Model 3 lease option, one of the most requested options for its EV, while making big changes to the most affordable $35,000 version of the car
Tesla is adding a Model 3 lease option, one of the most requested options for its EV, while making big changes to the most affordable $35,000 version of the car. In addition, Tesla will be making Autopilot a standard feature on all of its cars, though that will mean their base prices increase.
Until now, Tesla’s Model 3 has only been available to purchase outright. Unlike the Model S and Model X, the automaker hadn’t offered lease options. Given how popular leases are, in the US in particular, that meant some would-be drivers were left out in the cold.
Now, Tesla is changing that. As of today, the Model 3 will also be available as a leased vehicle. There’ll be the choice of 10,000,12,000, or 15,000 annual mileage limits.
For example, if you wanted a Model 3 Standard Range Plus with Rear Wheel Drive, that would have a cash price of $39,500 before incentives or credits. Tesla’s lease option would be $3,000 downpayment – for a total of $4,199 due at signing – and then $504 per month, for a 36 month term. That’s with the 10,000 mile limit per year.
