Tesla Model S Lease Price
The Tesla Model S is a popular luxury electric car known for its cutting-edge technology, impressive performance, and sleek design. If you are considering leasing a Model S, it is important to understand the lease price as well as the associated terms and conditions.
Key Takeaways:
- Tesla offers attractive lease options for the Model S.
- Lease prices vary based on factors such as model configuration and lease duration.
- Leasing a Model S allows you to experience the benefits of driving an electric car without the commitment of ownership.
- Understanding the lease terms and mileage restrictions is crucial to avoid any unexpected costs.
Lease prices for the Tesla Model S vary depending on several factors, including the specific model configuration, lease duration, and down payment amount. The monthly lease payments typically range from **$800 to $1,500**.
One interesting feature of Tesla’s leasing program is the ability to choose between a **standard lease** or a **lease with a buy-back guarantee**. The latter option provides more flexibility as it allows the lessee to sell the vehicle back to Tesla at a predetermined price after the lease term is over.
Lease Terms and Mileage Restrictions
When leasing a Tesla Model S, it is important to review the lease terms and mileage restrictions. Tesla offers different lease durations, usually **24, 36, or 48 months**. Additionally, the company generally provides an annual mileage allowance of **10,000 to 15,000 miles** per year, with the option to purchase additional miles at a specified rate.
It is worth noting that exceeding the mileage limit can result in additional charges, so it is important to estimate your expected driving habits accurately. On the other hand, if you drive significantly fewer miles than the agreed-upon limit, Tesla may offer reimbursement for the unused miles at a predetermined rate.
Cost Comparison: Lease vs. Purchase
Many people wonder whether it is more financially beneficial to lease or purchase a Tesla Model S. To help you make an informed decision, consider the following cost comparison:
| Lease | Purchase |
|---|---|
| Lower monthly payments | Higher upfront cost |
| No ownership responsibilities | Responsible for maintenance and repairs |
| Easier to upgrade to a newer model | Potential resale value |
*Leasing may be a more affordable option for those who prefer lower monthly payments and want to experience the latest technologies without the responsibility of ownership. Purchasing, on the other hand, offers the potential for higher resale value and allows for customization and long-term ownership.
Leasing a Tesla Model S: Is it right for you?
Leasing a Tesla Model S can be an exciting opportunity to drive a high-performance electric car without the long-term commitment of ownership. It appeals to individuals who value the latest technology, environmental friendliness, and the convenience of regular upgrades.
Before making a decision, carefully review the lease terms, compare prices, and consider your specific needs and lifestyle. Ultimately, whether leasing or purchasing, it’s important to enjoy the driving experience and contribute to a more sustainable future.
Common Misconceptions
1. Tesla Model S Lease Price
One common misconception about the Tesla Model S lease price is that it is significantly higher than conventional car leases. However, this perception is not entirely accurate as the lease price for a Tesla Model S can actually be comparable to luxury gasoline-powered cars.
- The lease price for a Tesla Model S is influenced by factors such as the trim level, options, and lease terms.
- Government incentives and tax credits can significantly reduce the lease price of a Tesla Model S.
- Tesla also offers leasing programs with different terms and mileage allowances to accommodate different budgets and needs.
2. Limited Availability
Another common misconception is that the Tesla Model S is difficult to find due to limited availability. While it is true that Tesla’s production capacity may not match the demand, finding a Tesla Model S to lease is not as challenging as some may believe.
- Tesla has a wide network of stores and galleries where potential customers can test drive the Model S, get information about leasing options, and place orders.
- Pre-owned Tesla Model S vehicles are also available for lease, providing more options to potential customers.
- Online platforms and third-party dealerships often facilitate the lease process by connecting interested individuals with available Tesla Model S lease offers.
3. Limited Charging Infrastructure
One misconception about owning or leasing a Tesla Model S is the perception that there is a lack of charging infrastructure, making long-distance travel inconvenient. However, the charging infrastructure for electric vehicles, including Tesla’s Supercharger network, has grown significantly in recent years.
- Tesla has an extensive network of Supercharger stations strategically located across North America, Europe, and Asia, allowing long-distance travel for Tesla Model S owners with ease.
- Public charging networks, such as EVgo and ChargePoint, also continue to expand, providing additional charging options for Tesla Model S owners.
- Charging at home is a convenient and cost-effective option for many Tesla Model S owners, as most owners have access to overnight charging facilities.
Introduction
The Tesla Model S is a luxury all-electric car known for its impressive performance, cutting-edge technology, and stylish design. In recent years, leasing has become a popular option for those who want to experience the thrill of driving a Tesla without the long-term commitment of ownership. In this article, we explore the lease prices of the Tesla Model S and provide you with ten visually captivating tables showcasing various aspects and options available.
Lease Prices Based on Trim Levels
The lease prices of the Tesla Model S vary depending on the chosen trim level. The following table presents the lease prices for three different trims, namely, Standard Range Plus, Long Range, and Performance.
| Trim Level | Lease Price (Monthly) |
|---|---|
| Standard Range Plus | $699 |
| Long Range | $899 |
| Performance | $1,099 |
Lease Prices Based on Lease Duration
The lease prices of the Tesla Model S also depend on the duration of the lease agreement. This table showcases the lease prices for three different lease terms, namely, 36 months, 48 months, and 60 months.
| Lease Duration | Lease Price (Monthly) |
|---|---|
| 36 months | $999 |
| 48 months | $899 |
| 60 months | $799 |
Lease Prices Based on Mileage Allowance
Many lease agreements come with a specific mileage allowance per year. The following table illustrates the lease prices for different mileage allowances, which can influence the overall cost of leasing a Tesla Model S.
| Mileage Allowance (Annual) | Lease Price (Monthly) |
|---|---|
| 10,000 miles | $899 |
| 15,000 miles | $949 |
| 20,000 miles | $999 |
Lease Prices Based on Credit Score
Your credit score can also impact the lease price of a Tesla Model S. This table demonstrates how the lease prices can vary based on different credit scores ranging from Excellent to Fair.
| Credit Score | Lease Price (Monthly) |
|---|---|
| Excellent (750+) | $849 |
| Good (700-749) | $899 |
| Fair (650-699) | $999 |
Lease Prices Based on Down Payment
The amount you decide to put down as a down payment can affect your lease price. This table showcases how the monthly lease prices can change based on different down payment options.
| Down Payment | Lease Price (Monthly) |
|---|---|
| $0 | $999 |
| $5,000 | $949 |
| $10,000 | $899 |
Lease Prices Based on Additional Options
The Tesla Model S offers various additional options and customizations that can impact the lease price. This table illustrates the lease prices with additional option packages, including Full Self-Driving Capability and Premium Interior.
| Additional Options | Lease Price (Monthly) |
|---|---|
| No Additional Options | $999 |
| Full Self-Driving Capability | $1,099 |
| Premium Interior | $1,049 |
Lease Prices Based on Location
Lease prices can also vary depending on your location and the associated taxes and incentives. This table provides lease prices for three different regions, namely California, New York, and Texas.
| Location | Lease Price (Monthly) |
|---|---|
| California | $999 |
| New York | $1,049 |
| Texas | $1,099 |
Lease Prices Based on Lease Terms
The Tesla Model S lease prices can also change based on whether the agreement is a closed-end or open-end lease. The following table showcases the monthly lease prices for both types of leases.
| Lease Term | Lease Price (Monthly) |
|---|---|
| Closed-End Lease | $999 |
| Open-End Lease | $1,199 |
Lease Prices Based on Early Termination
If you decide to terminate your lease earlier than the agreed-upon term, additional fees may apply. This table showcases the potential fees for early termination after 12, 24, and 36 months.
| Early Termination Period | Termination Fee |
|---|---|
| 12 months | $2,000 |
| 24 months | $1,500 |
| 36 months | $1,000 |
Conclusion
In conclusion, the lease prices of the Tesla Model S vary depending on numerous factors, including the chosen trim level, lease duration, mileage allowance, credit score, down payment, additional options, location, lease terms, and potential early termination. By considering these aspects, potential lessees can make an informed decision regarding the most suitable Tesla Model S lease agreement to meet their preferences and financial circumstances.
Frequently Asked Questions
What factors influence the lease price of a Tesla Model S?
The lease price of a Tesla Model S depends on several factors including the trim level, lease term, down payment, and the lessee’s creditworthiness.
What are the available trims for the Tesla Model S?
The Tesla Model S comes in several trims including the Standard Range Plus, Long Range, Plaid, and Plaid+.
Can I negotiate the lease price of a Tesla Model S?
While it is not possible to negotiate the lease price directly with Tesla, you may be able to negotiate the price with a Tesla sales advisor or through a Tesla-authorized dealership.
Are there any incentives available for leasing a Tesla Model S?
There may be certain incentives available for leasing a Tesla Model S, such as federal or state tax credits, rebates, or special lease offers. It is advisable to check with Tesla or your local dealership for information on current incentives.
What is the typical lease term for a Tesla Model S?
The typical lease term for a Tesla Model S is around 36 months, but Tesla also offers shorter or longer lease terms based on customer’s preferences.
What is the expected monthly payment for leasing a Tesla Model S?
The monthly lease payment for a Tesla Model S varies depending on the trim level, lease term, down payment, and other factors. It is recommended to use Tesla’s online lease calculator or consult with a Tesla sales advisor for an accurate estimate.
Does Tesla require a down payment for leasing a Model S?
Tesla may require a down payment for leasing a Model S, but the amount can vary based on the lessee’s creditworthiness, chosen trim level, and lease terms. Contact Tesla or a Tesla-authorized dealership to get specific details.
What is the mileage limit for a Tesla Model S lease?
Tesla typically offers different mileage options for their lease agreements, ranging from 10,000 miles per year to 15,000 miles per year. Higher mileage options may be available upon request.
Can I customize the Tesla Model S I lease?
Tesla offers various customization options for their vehicles, including the Model S. You can choose different exterior colors, interior finishes, wheels, and other features according to your preferences. However, these options may impact the final lease price.
What happens at the end of a Tesla Model S lease?
At the end of a Tesla Model S lease, the lessee may have options such as returning the vehicle, purchasing it at a predetermined price, or extending the lease for an additional period. The specific options may vary, and it is advisable to check the lease agreement for detailed information.
