2024 Tesla Model Y Lease Deals

mboh2017mboh2017 Member Posts: 19
edited March 2024 in Tesla
It's unfortunate that Tesla doesn't provide details of their lease deals. I am getting my third Tesla, second Model Y, and have decided to lease this one.

The key stats for my deal were:
Car price 50980
15K/36
RV 55.6%
MF 0.00266
ZIP: 44236

Tesla does require a minimum downpayment of $2,999, which was due at signing along with the first payment, the $695 acquisition fee, and $19 in doc fees.

I took advantage of applying the federal tax credit to the deal (–$7.5K), as well as a promotion this month for "free" paint and other upgrades (–$2.5K).

I think it's a pretty good deal, especially with EV prices trending down. Tesla famously disallows buyouts at lease end, but that's not so bad. I financed my 2021 MY, but had I leased it with the same RV as this deal, the buyout would have been $5K more than what Tesla has offered for trade-in.

So my experience with the Tesla lease has been good. YMMV.

Comments

  • kyfdxkyfdx Moderator Posts: 267,471
    mboh2017 said:

    It's unfortunate that Tesla doesn't provide details of their lease deals. I am getting my third Tesla, second Model Y, and have decided to lease this one.

    The key stats for my deal were:
    Car price 50980
    15K/36
    RV 55.6%
    MF 0.00266
    ZIP: 44236

    Tesla does require a minimum downpayment of $2,999, which was due at signing along with the first payment, the $695 acquisition fee, and $19 in doc fees.

    I took advantage of applying the federal tax credit to the deal (–$7.5K), as well as a promotion this month for "free" paint and other upgrades (–$2.5K).

    I think it's a pretty good deal, especially with EV prices trending down. Tesla famously disallows buyouts at lease end, but that's not so bad. I financed my 2021 MY, but had I leased it with the same RV as this deal, the buyout would have been $5K more than what Tesla has offered for trade-in.

    So my experience with the Tesla lease has been good. YMMV.

    Thanks for the report!

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  • hamikhamik Member Posts: 1
    Could I please have the RV, money factor and incentives/rebates for the:

    2024 Tesla model Y long range

    36/10k

    zip code 93012
  • MichaellMichaell Moderator Posts: 263,661
    hamik said:

    Could I please have the RV, money factor and incentives/rebates for the:

    2024 Tesla model Y long range

    36/10k

    zip code 93012

    We do not have the Tesla lease programs available to us.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • DdaguDdagu Member Posts: 6
    Can you provide any lease deals and MF/incentives and rebates

    2024 Tesla model Y Rear Drive

    36/12k

    zip code 77077
  • kyfdxkyfdx Moderator Posts: 267,471
    Ddagu said:

    Can you provide any lease deals and MF/incentives and rebates

    2024 Tesla model Y Rear Drive

    36/12k

    zip code 77077

    We've never had lease information for Tesla

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  • JchengJcheng Member Posts: 23

    Do you have info for 2025?
    I know Tesla set their price you can't really negotiate but I'm curious about the money factor and residual to see lease vs purchase which one better. Also does $7500 already factor in to lease automatically?
    I don't see 2025 discussion so I leave messenger here to check with you. Thanks...
    Zip code 91730

  • kyfdxkyfdx Moderator Posts: 267,471
    edited June 3
    Jcheng said:

    Do you have info for 2025?

    I know Tesla set their price you can't really negotiate but I'm curious about the money factor and residual to see lease vs purchase which one better. Also does $7500 already factor in to lease automatically?

    I don't see 2025 discussion so I leave messenger here to check with you. Thanks...

    Zip code 91730

    We've never had any info on Tesla leases. Sorry.

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    Did you get a good deal? Be sure to come back and share!

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