What Are the Current Tesla Model 3 Lease Prices & Options in 2025? ⚡️

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Thinking about leasing a Tesla Model 3 but overwhelmed by the ever-changing prices and confusing lease options? You’re not alone! In 2025, Tesla’s leasing landscape is as dynamic as ever, with new trims, mileage packages, and incentives shaking up the game. Did you know that you can lease a brand-new Model 3 for as low as $299/month—depending on your credit and location? But that’s just the tip of the iceberg.

In this comprehensive guide, we’ll unpack everything you need to know about Tesla Model 3 lease prices and options—from the impact of trim levels and mileage allowances to insider tips on snagging the best deals. Plus, we’ll reveal why leasing might be smarter than buying for many drivers, and how to navigate Tesla’s lease application process like a pro. Ready to electrify your ride without breaking the bank? Let’s dive in!

Key Takeaways

  • Tesla Model 3 lease payments start around $299/month for the Standard Range Plus trim with typical lease terms.
  • Trim level, lease length, mileage allowance, and credit score heavily influence your monthly payment.
  • Leasing offers flexibility to upgrade every 2-3 years and protects you from rapid EV depreciation.
  • Watch out for down payments, mileage overages, and insurance costs that can add to your budget.
  • State and local EV incentives can significantly reduce your lease costs—always check your area’s programs.
  • For the best deals, use Tesla referral codes, time your lease around promotions, and maintain a strong credit profile.

CHECK PRICE on Tesla Model 3 Leases:

Table of Contents

⚡️ Quick Tips and Facts for Tesla Model 3 Leasing

If you’re curious about leasing a Tesla Model 3 in 2024, you’ve landed in the right spot! At Car Leases™, we’ve driven, analyzed, and negotiated Tesla leases enough to share the inside scoop. Here’s a quick cheat sheet before we dive deep:

  • ✅ Starting lease payments for the base Model 3 hover around $299/month with a typical 36-month term.
  • ✅ Down payments usually run near $2,999 but can vary.
  • ✅ Annual mileage allowance is commonly 10,000 miles; exceeding that costs about $0.25 per mile.
  • ✅ Trim level matters: Long Range and Performance trims command higher monthly payments.
  • ✅ Credit scores significantly influence your lease terms and rates.
  • ✅ Tesla referral codes can sometimes shave a few bucks off your monthly payment.
  • ✅ Leasing lets you upgrade every few years, perfect for keeping pace with Tesla’s rapid tech evolution.

Want to know how these numbers stack up and what tricks you can use to get the best deal? Stick around—we’ll unpack it all, including some insider tips you won’t find on Tesla’s official site.

For a detailed look at Tesla Model 3 leases, check out our full guide on Tesla Model 3 Lease.

A Brief History of Tesla Model 3 Leasing: From Elusive to Accessible 🚀

black mercedes benz coupe on gray asphalt road during daytime

Back in the early days, leasing a Tesla Model 3 was like chasing a unicorn. Tesla prioritized outright sales, and leasing options were scarce or non-existent. But as the EV market matured and consumer demand shifted, Tesla opened the leasing floodgates, making it easier and more attractive to lease their flagship sedan.

Tesla’s Leasing Evolution Highlights:

  • 2017-2018: Model 3 launches with limited leasing options; buyers mostly purchased.
  • 2019-2020: Leasing programs begin rolling out, but with high down payments and restrictive terms.
  • 2023-2024: Leasing becomes mainstream with competitive rates, flexible terms, and better mileage allowances.

This shift aligns with Tesla’s strategy to keep customers in the ecosystem, allowing frequent upgrades as battery tech and autopilot features improve. Leasing also helps customers avoid the steep depreciation that EVs can experience.

Want to understand how this history affects your lease options today? Keep reading!

Decoding Tesla Model 3 Lease Prices: What Drives Your Monthly Payment? 💰


Video: Monthly Payment on my 2024 Tesla Model 3! | Lease vs Finance.








Leasing a Tesla Model 3 isn’t just about picking a number and signing on the dotted line. Several factors dance together to determine your monthly payment. Let’s break down the key components.

1. Model 3 Trim Levels: Standard Range, Long Range, and Performance Powerhouses

Tesla offers three main trims for the Model 3, each with distinct specs and lease costs:

Trim Level Estimated Range (Miles) 0-60 mph (Seconds) Typical Lease Payment* Down Payment*
Standard Range Plus ~272 5.8 $299/month $2,999
Long Range AWD ~346 4.2 $349/month $2,999
Performance AWD ~303 2.9 ~$599/month $2,999

*Based on typical 36-month leases with 10,000 miles/year allowance.

Why does trim matter? More range and performance mean higher vehicle value, which translates to higher lease payments. The Performance trim, with its lightning-fast acceleration, commands a premium.

2. Lease Term Lengths: The 24, 36, or 48-Month Tango 🗓️

Tesla leases usually come in 24, 36, or sometimes 48-month terms. Shorter leases mean higher monthly payments but more flexibility to upgrade. Longer leases lower monthly costs but lock you in longer.

Pro tip: If you love the idea of upgrading to the latest Tesla tech every couple of years, a 24- or 36-month lease is your best bet.

3. Annual Mileage Allowances: How Far Will You Roam? 🛣️

Standard Tesla leases offer 10,000 miles per year. Need more? You can often get 12,000 or 15,000 miles, but expect your monthly payment to rise accordingly.

Watch out: Exceeding your mileage allowance usually costs $0.25 per mile, which can add up fast if you’re a road warrior.

4. The Down Payment Dilemma: Upfront Cash vs. Lower Monthlies

A higher down payment reduces your monthly payment but requires more cash upfront. Tesla typically asks for around $2,999, but you can negotiate or adjust this based on your credit and preferences.

5. Your Credit Score: The Unsung Hero of Lease Rates 🏆

Tesla Finance looks closely at your credit score. A higher score can unlock better money factors (interest rates) and lower payments. If your credit is less than stellar, expect higher rates or additional requirements.

For more on how credit affects leasing, see our Credit Score and Car Leasing guide.

6. Residual Value & Money Factor: The Secret Sauce of EV Leasing

  • Residual value is the expected value of the car at lease end. Tesla’s strong residuals help keep lease payments competitive.
  • Money factor is the lease’s interest rate disguised as a decimal. Lower money factors mean cheaper financing.

Tesla’s residuals vary by trim and market conditions but tend to be solid due to high demand for used Teslas.

7. State & Local EV Incentives: Finding Hidden Savings 💸

Many states offer incentives or rebates that can reduce your lease cost or down payment. For example, California’s Clean Vehicle Rebate Project (CVRP) can knock off thousands.

Heads up: Incentives change frequently, so check your state’s EV programs before signing.

The Great Debate: Leasing vs. Buying Your Tesla Model 3 🥊


Video: Tesla: Lease or Buy? Don’t Make This Mistake (hidden costs).








Why Leasing a Tesla Model 3 Might Be Your Smartest Move Yet ✅

  • Lower monthly payments compared to financing a purchase.
  • Flexibility to upgrade every 2-3 years to the latest Tesla tech.
  • Avoid the risk of depreciation, which can be steep for EVs.
  • Lower upfront costs than buying outright.
  • Potential to leverage state and local incentives more effectively.
  • No worries about resale hassles or market fluctuations.

When Buying a Model 3 Still Makes Sense (But Maybe Not for Everyone) ❌

  • You plan to keep the car for many years (beyond typical lease terms).
  • You want unlimited mileage without penalties.
  • You prefer customizing or modifying your Tesla.
  • You want to build equity in the vehicle.
  • You have access to favorable financing rates or cash to buy outright.

At Car Leases™, we often say: “Buying a Model 3 is overrated” if you love tech upgrades and want to avoid depreciation headaches. But if you’re a long-term owner, buying can still be a solid choice.


Video: How To Buy a Tesla Online – How To Purchase a Tesla Vehicle From Start To Finish Complete Guide.







Leasing a Tesla Model 3 is straightforward but requires some preparation. Here’s how to breeze through it:

  1. Choose Your Model and Options: Decide on trim, color, and add-ons via Tesla’s official website Tesla Model 3.
  2. Select Lease Terms: Pick lease length (24-36 months) and mileage allowance.
  3. Check Incentives: Apply any referral codes or local EV rebates.
  4. Submit Application: Provide personal info, proof of income, and consent to credit check.
  5. Review Lease Offer: Tesla Finance will send your lease agreement with terms.
  6. Sign and Pay Down Payment: Electronically sign documents and pay upfront fees.
  7. Schedule Delivery: Arrange pickup or delivery of your new Model 3.
  8. Enjoy Your Tesla! Start your electric journey with confidence.

If you want detailed tips on improving your lease application success, visit our Auto Financing Options section.

What Happens at Lease End? Your Model 3 Exit Strategy 🚪


Video: Tesla Model 3: Lease vs Buy – The Hidden Cost of Depreciation (in case you missed it).








When your lease term wraps up, you have several options:

  • Return the Vehicle: Bring back your Model 3, pay any excess wear or mileage fees, and walk away.
  • Lease a New Tesla: Upgrade to the latest Model 3 or other Tesla models with a fresh lease.
  • Buyout Option: Purchase your Model 3 at the residual value if you’ve fallen in love.
  • Extend the Lease: Some lessors allow short-term extensions if you need more time.

Pro tip: Inspect your Tesla carefully before return to avoid surprise charges for dents, scratches, or excessive wear.

Hidden Costs and Considerations: Beyond the Monthly Payment 🤫


Video: Tesla Model 3 TRUE Cost Of Ownership After 5 Years. Do I Still Recommend It?








Leasing isn’t just about the sticker price. Here are some extras to keep in mind:

Insurance for Your Electric Dream Machine 🛡️

Tesla Model 3 insurance can be pricier than average due to repair costs and tech. Shop around and consider Tesla’s own insurance program where available for competitive rates.

Maintenance & Service: What to Expect with a Tesla Lease

Tesla’s electric powertrain means fewer moving parts and less maintenance than gas cars. However, tire rotations, brake fluid checks, and software updates are necessary. Tesla includes some maintenance in warranties, but check your lease terms carefully.

Charging Costs: Fueling Your EV Adventure 🔌

While you save on gas, charging costs vary by location and charger type. Supercharging is convenient but pricier than home charging. Factor this into your monthly budget.

Wear and Tear: Avoiding Surprise Charges

Leases often charge for excessive wear and tear. Keep your Model 3 clean, avoid interior damage, and fix minor issues before lease end.

Expert Tips for Securing the Best Tesla Model 3 Lease Deal 🎯


Video: Tesla Lease Hack: Get the Best Deal!







  • Leverage referral codes from Tesla owners to reduce monthly payments.
  • Negotiate your down payment to balance upfront cost vs. monthly payment.
  • Consider higher mileage leases if you drive a lot — it’s cheaper than overage fees.
  • Keep your credit score in top shape to qualify for the best money factors.
  • 👉 Shop state and local incentives aggressively — some can stack.
  • Time your lease around Tesla’s quarterly updates or incentives for better deals.
  • Use trusted platforms like Edmunds, TrueCar, or Tesla’s official site to compare offers.

The Future of Tesla Model 3 Leasing: What’s Next? 🔮


Video: Leasing the Tesla Model 3 Makes Financial Sense! Lease vs Finance: Tesla Model 3(May 2025).







Tesla’s leasing landscape is evolving fast. Expect:

  • More flexible lease terms as competition heats up.
  • Integration of battery leasing or upgrades mid-lease.
  • Expanded Tesla Insurance offerings tailored for lessees.
  • Enhanced EV incentives as governments push green initiatives.
  • Potential subscription models blending leasing and ownership perks.

Staying informed and agile will help you snag the best deals as Tesla continues to innovate.

Frequently Asked Questions (FAQ) ❓

the interior of a car with a display of a car's dashboard

Q: Can I lease a Tesla Model 3 with bad credit?
A: It’s challenging but not impossible. Higher interest rates or larger down payments may be required. Improving your credit before applying is wise. See our Credit Score and Car Leasing tips.

Q: Are there mileage penalties on Tesla leases?
A: Yes, typically $0.25 per mile over your allowance.

Q: Can I buy my Tesla Model 3 at lease end?
A: Yes, you have the option to purchase at the residual value.

Q: Does Tesla offer lease specials?
A: Occasionally, especially around new model releases or end-of-quarter sales.

Q: Is leasing a Tesla Model 3 cheaper than financing?
A: Usually yes for short-term use, but it depends on your credit and how long you keep the car.

CHECK PRICE on Tesla Model 3 Leases:

Ready to electrify your drive without the commitment of ownership? Leasing a Tesla Model 3 might just be the smartest move you make this year. Stay tuned for our conclusion where we help you decide if it’s the right fit for your lifestyle!

Conclusion: Is Leasing a Tesla Model 3 the Right Move for You? 🤔

grayscale photo of bmw m 3 coupe

After cruising through the ins and outs of Tesla Model 3 leases, here’s the lowdown from the Car Leases™ pit crew:

Positives of Leasing a Tesla Model 3:

  • Lower monthly payments compared to financing or buying outright, especially on the Standard and Long Range trims.
  • Flexibility to upgrade every 2-3 years to the latest Tesla tech and software improvements.
  • Reduced risk of depreciation — Tesla’s rapid innovation cycle can make ownership tricky if you want to stay current.
  • Lower upfront costs compared to a purchase.
  • Access to state and local EV incentives that can sweeten the deal.
  • Simplified end-of-lease options: return, buyout, or lease new.

Negatives to Consider:

  • Mileage limits can be restrictive if you drive extensively; overage fees add up.
  • Down payment requirements may be steep for some budgets.
  • Tesla’s leasing program is less negotiable than traditional automakers.
  • Insurance and charging costs can add to your monthly budget.
  • Wear and tear fees if you don’t keep the car in pristine shape.

Our Confident Recommendation:

If you’re someone who loves cutting-edge tech, wants to avoid the depreciation rollercoaster, and enjoys the idea of switching to a new Tesla every few years, leasing a Model 3 is a smart, financially savvy choice. It’s especially appealing if you want to keep your monthly payments manageable and don’t mind mileage caps.

However, if you’re a high-mileage driver or want to customize and keep your Tesla long-term, buying might be better.

Remember that Tesla’s leasing landscape is evolving rapidly, so staying informed and timing your lease can save you serious cash.

So, ready to electrify your commute without the long-term commitment? Leasing a Tesla Model 3 might just be the perfect match for your lifestyle!

Recommended Links 🔗

CHECK PRICE on Tesla Model 3 Leases:

Frequently Asked Questions (FAQ) ❓

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What are the average monthly lease payments for a Tesla Model 3?

Typical lease payments start around $299/month for the Standard Range Plus trim with a 36-month term and 10,000 miles/year allowance. The Long Range AWD trim usually runs about $349/month, while the Performance trim can be closer to $599/month. These figures often require a down payment near $2,999. Keep in mind that mileage, credit score, and local incentives can shift these numbers.

Read more about “How Much Does It Cost to Lease a Tesla Model Y? 10 Things to Know (2025) ⚡️”

How do I qualify for a Tesla Model 3 lease and what are the requirements?

To qualify, you’ll need:

  • A good to excellent credit score (usually above 700) for the best rates.
  • Proof of income and residence.
  • A valid driver’s license and insurance.
  • Ability to pay the down payment and monthly fees.
    Tesla Finance performs a credit check and evaluates your financial profile. If your credit is less than stellar, expect higher rates or additional conditions. For tips on improving your chances, see our Credit Score and Car Leasing guide.

Read more about “Discover 10 Best Car Lease Deals for 2025 🚗✨”

What are the different trim levels and options available for a Tesla Model 3 lease?

Tesla offers three main trims for leasing:

  • Standard Range Plus: Entry-level with rear-wheel drive and ~272 miles range.
  • Long Range AWD: Dual motor all-wheel drive with ~346 miles range.
  • Performance AWD: Sporty trim with ~303 miles range and 0-60 mph in 2.9 seconds.

Options like paint colors, wheels, and interior upgrades can affect the lease price. Tesla’s website lets you customize your build before applying.

Can I negotiate the price of a Tesla Model 3 lease or are the prices fixed?

Tesla’s pricing is famously non-negotiable compared to traditional dealerships. Lease prices, down payments, and incentives are mostly fixed. However, you can:

  • Use referral codes to reduce costs.
  • Time your lease around Tesla’s quarterly promotions.
  • Adjust mileage allowances or down payment amounts to influence monthly payments.
    For more negotiation tips, visit our Best Lease Terms resource.

Read more about “27 Chevy Lease Deals You Can’t Ignore in 2025 🚗”

What are the benefits of leasing a Tesla Model 3 compared to buying one outright?

Leasing offers:

  • Lower monthly payments and upfront costs.
  • Flexibility to upgrade to newer models every few years.
  • Protection from depreciation risks.
  • Easier end-of-lease options without resale hassle.
    Buying is better if you want to keep the car long-term, drive unlimited miles, or customize extensively.

Read more about “Tesla Model 3 Lease Guide (2025): 12 Must-Know Tips & Tricks ⚡️”

How long are the typical lease terms for a Tesla Model 3 and what are the mileage limits?

Most Tesla Model 3 leases run 24 to 36 months, with 36 months being the most common. Mileage limits typically start at 10,000 miles per year, with options for 12,000 or 15,000 miles at higher monthly costs. Exceeding mileage limits usually results in a charge of about $0.25 per mile.

Are there any special promotions or discounts available for leasing a Tesla Model 3, such as zero-down leases or limited-time offers?

Tesla occasionally offers limited-time promotions, including referral code discounts and seasonal lease specials. Zero-down leases are rare but sometimes appear during special events or in specific markets. Always check Tesla’s official site and trusted platforms like Edmunds or TrueCar for the latest deals.

Reference Links 📚

Jacob
Jacob

Jacob is the Editor-in-Chief of the site Car Leases™, where he leads a team focused on clear, bias-free guidance that helps drivers negotiate smarter leases and avoid costly surprises. His editorial playbook is simple: explain money factors and residuals in plain English, show the math, and keep every article aligned with up-to-date incentives, tax rules, and real-world pricing. Under Jacob’s direction, Car Leases™ covers the full lifecycle of leasing—from negotiation and financing to lease transfers, EV leases, mileage limits, and end-of-term strategies—so readers can make confident decisions fast.

He also steers the site’s transparency standards: clear affiliate disclosures, reader-first recommendations, and an emphasis on sustainability (the site runs on carbon-neutral hosting via AccelerHosting). Those practices reflect Car Leases™’s mission to provide accurate, current information freely to readers.
Car Leases™

When he’s not untangling lease jargon, Jacob is testing calculators, pressure-testing “too good to be true” zero-down offers, and editing deep dives on high-interest topics like Tesla and other EV leases. His goal is constant: turn complicated lease terms into decisions you can trust.

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