Tesla Model 3 Lease Guide 2024: Best Deals & How to Save
Leasing a Tesla Model 3 is now more affordable than ever, with payments starting at $329/month. This guide reveals current lease deals, hidden savings tips, and how to calculate your perfect Model 3 lease payment.
Check Model 3 Lease Deals
2024 Model 3 Lease Offers
Model |
Monthly Payment |
Due at Signing |
Term |
Mileage |
Model 3 RWD |
$329/mo |
$4,500 |
36 months |
10,000/yr |
Model 3 Long Range |
$429/mo |
$4,500 |
36 months |
10,000/yr |
Model 3 Performance |
$549/mo |
$6,500 |
36 months |
10,000/yr |
Lease vs. Buy: Model 3 Cost Comparison
|
Lease |
Finance |
Monthly (RWD) |
$329 |
$580 |
3-Year Cost |
$16,344 |
$20,880 |
Warranty Coverage |
Full term |
4 years/50k mi |
Flexibility |
Upgrade in 3 years |
Own after 5-6 years |
Model 3 Trim Comparison
Rear-Wheel Drive
- Best for: Budget-conscious drivers
- Range: 272 miles
- 0-60: 5.8 seconds
- Lease from: $329/mo
Long Range
- Best for: Frequent travelers
- Range: 341 miles
- 0-60: 4.2 seconds
- Lease from: $429/mo
Compare All Model 3 Trims
5 Ways to Get the Best Model 3 Lease Deal
- Time your lease: Best deals come at quarter-end (March, June, Sept, Dec)
- Consider higher mileage: 12,000-15,000 mi/year plans often cost less than paying overage fees
- Check for incentives: Some states offer additional EV lease rebates
- Compare third-party leases: Credit unions sometimes offer better terms than Tesla
- Negotiate trade-in separately: Get the best price for your current car before applying it to the lease
Secret Tip: Tesla occasionally offers "demo model" leases with under 1,000 miles at 10-15% discounts. Ask your advisor about inventory deals.
What's Included in a Model 3 Lease?
- Full basic warranty coverage for lease term
- 24/7 roadside assistance
- Access to Tesla Supercharger network
- All software updates
- Registration and documentation fees
See What You'll Pay
Frequently Asked Questions
Q: Can I buy my leased Model 3 at the end?
A: No, Tesla leases don't include purchase options. You'll need to return it or lease a new Tesla.
Q: Are maintenance costs included?
A: No, but EVs require far less maintenance (no oil changes, spark plugs, etc.).
Q: What's the cheapest Model 3 lease available?
A: Currently $329/month for RWD with $4,500 due at signing (10k mi/year).
Is a Model 3 Lease Right For You?
Leasing makes sense if:
- You want lower monthly payments
- You like driving new cars every 2-3 years
- You drive under 15,000 miles annually
- You want the latest tech and safety features
Real-World Lease Example
Location: Los Angeles, CA
Model: Model 3 RWD
Monthly Payment: $329
Due at Signing: $4,500 (includes first payment)
Total 36-Month Cost: $16,344
Savings vs. Financing: $4,536