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Tesla Drops Model 3, Y Monthly Payments as EV Leasing Gains Popularity

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In its latest round of price drops, Tesla makes its two most affordable and popular models even cheaper to lease.
Leasing a Tesla just got more appealing, as the company lowered the monthly payment on its two most popular models.
The Model 3 is now $329 per month, down from $380 in September and $399 in January. The Model Y is now $399 per month, down from $499 last month, according to Electrek.
Tesla offers 24- and 36-month leases, both with a $4,500 down payment (which is unchanged despite the lowered monthly payments). Keep in mind that seven states do not allow Tesla leases due to local dealership laws. That includes Delaware, Kentucky, Nebraska, New Hampshire, Oklahoma, South Carolina, and Wisconsin, according to the Tesla website.

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