How much is a Tesla 3 per month? [2024]

Have you ever wondered how much it would cost to lease a Tesla Model 3? Well, you’re in luck! In this article, we’ll dive into the details and give you all the information you need to know about the monthly cost of leasing a Tesla Model 3. So, buckle up and let’s get started!

Quick Answer

The monthly cost of leasing a Tesla Model 3 can vary depending on several factors, including the trim level, lease term, down payment, and mileage allowance. On average, you can expect to pay around $399 to $445 per month for a Tesla Model 3 lease. However, keep in mind that these figures are approximate and can vary based on your location and specific lease terms.

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Quick Tips and Facts

Before we dive deeper into the details, here are a few quick tips and facts to keep in mind when considering a Tesla Model 3 lease:

✅ Leasing a Tesla Model 3 allows you to enjoy the benefits of driving an electric vehicle without the long-term commitment of ownership.

✅ Leasing terms for a Tesla Model 3 typically range from 24 to 36 months.

✅ Leasing a Tesla Model 3 often requires a down payment, which can range from a few thousand dollars to several thousand dollars.

✅ Most Tesla Model 3 leases come with a mileage allowance, typically ranging from 10,000 to 15,000 miles per year. Exceeding this mileage limit may result in additional charges.

✅ Leasing a Tesla Model 3 may require you to carry comprehensive insurance coverage, which can be more expensive than regular car insurance.

Now that we’ve covered the basics, let’s take a closer look at the factors that can influence the monthly cost of leasing a Tesla Model 3.

Tesla Model 3 Lease Options

When it comes to leasing a Tesla Model 3, you have a few different options to choose from. Tesla offers lease terms of 24 and 36 months, allowing you to select the term that best fits your needs. The monthly cost of leasing a Tesla Model 3 will depend on the lease term you choose, as well as other factors such as the trim level and any additional options you select.

Additional Costs of Leasing a Tesla Model 3

In addition to the monthly lease payment, there are a few other costs to consider when leasing a Tesla Model 3. These costs can include:

✅ Down Payment: Most Tesla Model 3 leases require a down payment, which can range from a few thousand dollars to several thousand dollars. The amount of the down payment will depend on the lease terms and any additional options you select.

✅ Insurance: When leasing a Tesla Model 3, you will need to carry comprehensive insurance coverage. The cost of insurance can vary depending on factors such as your driving record, location, and coverage limits. On average, you can expect to pay around $2,000 per year for insurance on a Tesla Model 3.

✅ Maintenance: While Tesla vehicles require less maintenance compared to traditional gasoline-powered cars, there may still be some maintenance costs to consider. These costs can include routine maintenance such as tire rotations and brake inspections.

✅ Charging: Charging your Tesla Model 3 at home can help you save on fuel costs compared to traditional gasoline-powered cars. However, you may need to install a charging station at your home, which can add to the overall cost.

Now that we’ve covered the costs of leasing a Tesla Model 3, you might be wondering if leasing is the right option for you. Let’s take a look at the pros and cons of buying, leasing, or subscribing to a Tesla Model 3 to help you make an informed decision.

Pros of Leasing a Tesla Model 3

✅ Lower Monthly Payments: Leasing a Tesla Model 3 typically results in lower monthly payments compared to buying.

✅ Flexibility: Leasing allows you to drive a new Tesla Model 3 every few years, giving you the opportunity to experience the latest technology and features.

✅ Warranty Coverage: When you lease a Tesla Model 3, it is typically covered by the manufacturer’s warranty for the duration of the lease term, providing peace of mind.

Cons of Leasing a Tesla Model 3

❌ Mileage Restrictions: Leasing a Tesla Model 3 often comes with mileage restrictions. Exceeding these limits can result in additional charges.

❌ No Ownership: When you lease a Tesla Model 3, you do not own the vehicle. This means you will need to return the car at the end of the lease term.

❌ Potential Fees: Returning a leased Tesla Model 3 with excessive wear and tear or damage may result in additional fees.

The decision to buy, lease, or subscribe to a Tesla Model 3 ultimately depends on your personal preferences and financial situation. If you prefer lower monthly payments and the flexibility to drive a new car every few years, leasing may be the right option for you. On the other hand, if you prefer to own your vehicle and have the freedom to customize and modify it, buying may be a better choice. Subscribing to a Tesla Model 3 offers a unique middle ground, allowing you to enjoy the benefits of ownership without the long-term commitment.

Popular Subscription Models

While we’ve primarily focused on leasing a Tesla Model 3, it’s worth mentioning that there are other subscription models available in the market. Some popular subscription models include the Hyundai Tucson, Hyundai Santa Fe, Cadillac XT5, and Cadillac CT4. These subscription services offer flexibility and often include maintenance costs, insurance, registration, and even free delivery.

FAQ

How much is a Tesla Model 3 per month?

The monthly cost of leasing a Tesla Model 3 can range from $399 to $445, depending on factors such as the lease term, down payment, and mileage allowance.

What is the monthly payment for a Tesla Model 3?

The monthly payment for a Tesla Model 3 lease can vary depending on the lease terms and other factors. On average, you can expect to pay around $399 to $445 per month.

How much is the monthly fee for Tesla?

The monthly fee for leasing a Tesla Model 3 can vary depending on the lease terms and other factors. On average, you can expect to pay around $399 to $445 per month.

How much does it cost per month to charge a Tesla?

The cost of charging a Tesla Model 3 can vary depending on your location and electricity rates. On average, it can cost around $15 to $20 per month to charge a Tesla Model 3.

Conclusion

Leasing a Tesla Model 3 can be an excellent option for those who want to experience the benefits of driving an electric vehicle without the long-term commitment of ownership. With lower monthly payments and the flexibility to drive a new car every few years, leasing offers a compelling alternative to buying. However, it’s essential to consider the additional costs of leasing, such as the down payment, insurance, and maintenance.

In conclusion, if you’re considering leasing a Tesla Model 3, we recommend exploring the lease options available to you and carefully considering your budget and driving needs. Leasing a Tesla Model 3 can be a fantastic way to enjoy the benefits of driving an electric vehicle while keeping your monthly costs manageable.

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Reference Links:

Tesla Model 3 Monthly Payment: What to Expect | FINN

How much is a Tesla 3 per month? [2024]

Quick Answer

Quick Tips and Facts

Tesla Model 3 Lease Options