Tesla Model 3 Lease Price [2024]

Imagine driving a sleek, high-performance electric vehicle without the burden of ownership. The Tesla Model 3 offers an enticing lease option that allows you to experience the thrill of driving a Tesla without the long-term commitment. In this comprehensive guide, we’ll delve into the details of the Tesla Model 3 lease price, providing you with all the information you need to make an informed decision. So buckle up and let’s dive in!

Quick Answer

The Tesla Model 3 lease price starts at $329 per month for the Standard Range Plus model and $399 per month for the Long Range model. These lease prices are for a 36-month term with a down payment of $4,500 and an annual mileage allowance of 10,000 miles. Additional fees and taxes may apply. Keep in mind that lease prices may vary depending on your location and any ongoing promotions.

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Quick Tips and Facts

Before we dive deeper into the world of Tesla Model 3 leases, here are some quick tips and facts to keep in mind:

  • Leasing a Tesla Model 3 allows you to enjoy the benefits of driving an electric vehicle without the long-term commitment of ownership.
  • Tesla offers lease options for both the Standard Range Plus and Long Range models of the Model 3.
  • The lease term for a Tesla Model 3 is typically 36 months, but longer terms may be available in some cases.
  • The down payment for a Tesla Model 3 lease is $4,500, but this amount may vary depending on your location and creditworthiness.
  • The annual mileage allowance for a Tesla Model 3 lease is typically 10,000 miles, but higher mileage options may be available for an additional cost.
  • At the end of the lease term, you will need to return the vehicle to Tesla, unless you choose to purchase it outright.

Now that we’ve covered the basics, let’s take a closer look at the background and history of Tesla Model 3 leases.

Background: Tesla Model 3 Lease Price

purple haired woman in black top leaning on wall

Tesla, the renowned electric vehicle manufacturer, has revolutionized the automotive industry with its cutting-edge technology and sleek designs. The Tesla Model 3, introduced in 2017, quickly became one of the most popular electric vehicles on the market, thanks to its impressive range, performance, and affordability.

In an effort to make Tesla vehicles more accessible to a wider audience, the company introduced lease options for the Model 3. Leasing a Tesla Model 3 allows you to enjoy the benefits of driving an electric vehicle without the upfront cost of purchasing one. With a lease, you can experience the thrill of driving a Tesla while avoiding the long-term commitment of ownership.

Tesla Model 3 Lease Price: Standard Range Plus

The Tesla Model 3 Standard Range Plus is the entry-level model in the Model 3 lineup. It offers an impressive range, advanced features, and a compelling price point. Let’s take a closer look at the lease price for the Standard Range Plus model.

1. Lease Price

The lease price for the Tesla Model 3 Standard Range Plus starts at $329 per month. This lease price is based on a 36-month term with a down payment of $4,500 and an annual mileage allowance of 10,000 miles. It’s important to note that additional fees and taxes may apply, so be sure to consult with your local Tesla dealership for a detailed breakdown of the costs.

2. Features and Benefits

The Tesla Model 3 Standard Range Plus comes equipped with a host of features that make it a compelling choice for electric vehicle enthusiasts. Here are some of the key features and benefits of the Standard Range Plus model:

  • Impressive Range: The Standard Range Plus offers an EPA-estimated range of up to 263 miles on a single charge, allowing you to go the distance without worrying about range anxiety.
  • Acceleration: With its instant torque and responsive acceleration, the Model 3 Standard Range Plus can go from 0 to 60 mph in just 5.3 seconds, providing a thrilling driving experience.
  • Autopilot: Tesla’s Autopilot feature comes standard on the Model 3 Standard Range Plus, offering advanced driver-assistance capabilities for enhanced safety and convenience.
  • Premium Interior: The Model 3 Standard Range Plus features a premium interior with comfortable seating, a minimalist design, and a 15-inch touchscreen display for easy access to vehicle controls and entertainment options.

3. Drawbacks

While the Tesla Model 3 Standard Range Plus offers an impressive package overall, it’s important to consider some of the potential drawbacks before making a decision. Here are a few things to keep in mind:

  • Limited Range: While the Standard Range Plus offers a respectable range, it may not be sufficient for long road trips or frequent long-distance commuting. If you have specific range requirements, you may want to consider the Long Range model.
  • Charging Infrastructure: While Tesla has an extensive Supercharger network, charging infrastructure may still be a consideration, especially if you live in an area with limited charging options. Be sure to assess the availability of charging stations in your area before committing to a Tesla lease.

Now that we’ve covered the lease price and key features of the Tesla Model 3 Standard Range Plus, let’s move on to the Long Range model.

Tesla Model 3 Lease Price: Long Range

The Tesla Model 3 Long Range offers an extended range and additional features compared to the Standard Range Plus model. Let’s explore the lease price and features of the Long Range model.

1. Lease Price

The lease price for the Tesla Model 3 Long Range starts at $399 per month. Like the Standard Range Plus model, this lease price is based on a 36-month term with a down payment of $4,500 and an annual mileage allowance of 10,000 miles. As always, additional fees and taxes may apply, so consult with your local Tesla dealership for a detailed breakdown of the costs.

2. Features and Benefits

The Tesla Model 3 Long Range builds upon the features of the Standard Range Plus model, offering an extended range and additional amenities. Here are some of the key features and benefits of the Long Range model:

  • Extended Range: The Model 3 Long Range boasts an impressive EPA-estimated range of up to 353 miles on a single charge, making it an ideal choice for those with longer commutes or frequent road trips.
  • Enhanced Performance: With its dual-motor all-wheel drive system, the Model 3 Long Range delivers exhilarating performance and enhanced traction in various driving conditions.
  • Premium Interior Upgrades: The Long Range model comes with additional interior upgrades, including heated front and rear seats, a premium audio system, and a tinted glass roof for a luxurious driving experience.
  • Enhanced Autopilot: In addition to the standard Autopilot features, the Model 3 Long Range offers Enhanced Autopilot capabilities, providing even more advanced driver-assistance features for added safety and convenience.

3. Drawbacks

While the Tesla Model 3 Long Range offers an impressive range and additional features, it’s important to consider some potential drawbacks. Here are a few things to keep in mind:

  • Higher Lease Price: The lease price for the Model 3 Long Range is higher compared to the Standard Range Plus model. If budget is a concern, you may want to consider the Standard Range Plus model or explore other leasing options.
  • Charging Infrastructure: As with any electric vehicle, it’s important to consider the availability of charging infrastructure in your area. While Tesla has an extensive Supercharger network, it’s always a good idea to assess the charging options in your vicinity before committing to a Tesla lease.

FAQ

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How much is a Tesla Model 3 monthly?

The monthly lease price for a Tesla Model 3 depends on the model and lease terms. The Tesla Model 3 Standard Range Plus starts at $329 per month, while the Long Range model starts at $399 per month. These lease prices are based on a 36-month term with a down payment of $4,500 and an annual mileage allowance of 10,000 miles. Additional fees and taxes may apply.

Does the $7500 tax credit work on a lease Tesla?

The $7,500 federal tax credit for electric vehicles does not apply to leased vehicles. The tax credit is only available to individuals who purchase a new electric vehicle and meet certain eligibility criteria. However, it’s important to note that tax incentives and credits may vary depending on your location, so be sure to consult with a tax professional or visit the official IRS website for the most up-to-date information.

How much is it to lease a Tesla in 2023?

The lease prices for Tesla vehicles, including the Model 3, may vary from year to year. As of 2023, the lease price for a Tesla Model 3 starts at $329 per month for the Standard Range Plus model and $399 per month for the Long Range model. These lease prices are based on a 36-month term with a down payment of $4,500 and an annual mileage allowance of 10,000 miles. It’s important to note that lease prices may vary depending on your location and any ongoing promotions.

Will Tesla Model 3 lose EV credit?

Tesla anticipates that the federal tax credit for electric vehicles will be reduced come the start of 2024. The current federal tax credit for Tesla vehicles is $7,500, but it is expected to halve to $3,750 on December 31, pending federal guidance. It’s important to stay updated on the latest tax incentives and credits for electric vehicles, as they may vary depending on your location and the specific vehicle model.

Read more about “Tesla Model 3 Lease: The Ultimate Guide …”

Conclusion

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Leasing a Tesla Model 3 offers an exciting opportunity to experience the future of electric vehicles without the long-term commitment of ownership. With lease prices starting at $329 per month for the Standard Range Plus model and $399 per month for the Long Range model, the Tesla Model 3 lease price provides an attractive option for those looking to drive a high-performance electric vehicle.

While the Model 3 Standard Range Plus offers an impressive range and advanced features at a more affordable price point, the Long Range model takes it a step further with an extended range and additional amenities. Ultimately, the choice between the two models depends on your specific needs and budget.

So, if you’re ready to embark on an electrifying journey with the Tesla Model 3, we encourage you to visit your local Tesla dealership or explore their official website for more information on lease options and availability.

Remember, the future of driving is electric, and leasing a Tesla Model 3 allows you to be at the forefront of this exciting revolution. Happy driving!

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