Tesla Ends Popular Model 3 Lease Offer for July
Understanding the Latest Tesla Model 3 Lease Offers
If you've been considering the Tesla Model 3, especially after its recent redesign, the automaker has introduced new lease deals that could make this vehicle more appealing. These offers vary depending on the model you choose and the initial down payment you're willing to make. While these deals are available nationwide, it's always a good idea to check directly with Tesla for personalized options.
The Model 3 Long Range RWD is available for $349 per month over 36 months, requiring a $3,000 down payment and allowing for 10,000 miles annually. The Long Range AWD model increases to $549 per month under the same terms, while the Performance AWD model is the most expensive at $849 per month. The down payments can be adjusted, but there are limits based on the model selected.
Additional Incentives and Discounts
Potential lessees may also qualify for several incentives. For example, there's a $7,500 Tesla incentive available. Additionally, military personnel, first responders, teachers, and students can receive an extra $1,000 discount. Verified Lyft drivers might also benefit from a $1,000 Tesla Credit and an additional $1,000 cash offer from Lyft.
Exploring $0 Down Options
For those looking to minimize upfront costs, Tesla offers a $0 down option. However, this typically means higher monthly payments. If you choose this route, the estimated monthly payments increase by approximately $83 across all models. This results in the following:
- Model 3 Long Range RWD: $432 per month
- Model 3 Long Range AWD: $632 per month
- Model 3 Performance AWD: $932 per month
These figures represent the total estimated monthly payments when spreading the initial cost over the lease term.
Features of the Newest Tesla Model 3 Long Range
The latest Model 3 comes equipped with a 79.7 kWh lithium-ion battery, delivering 286 horsepower and a 0-60 mph time of 4.9 seconds for the single-motor RWD version. The dual-motor AWD variant achieves a quicker 4.2 seconds. The RWD model offers an EPA-estimated range of 363 miles, while the AWD version drops slightly to 346 miles. Charging speeds also differ, with the RWD adding up to 195 miles in 15 minutes compared to the AWD’s 185 miles.
For those seeking more power, the Model 3 Performance AWD provides a top-tier 510 horsepower and a 0-60 mph time of just 2.9 seconds. However, its EPA-estimated range is lower at 298 miles, and its charging speed is slower, adding up to 142 miles in 15 minutes. Other features include sports seats and adaptive suspensions.
Interior and Technology
All three models feature 24 cubic feet of cargo space and a 15.4-inch landscape-oriented touchscreen that controls infotainment and most vehicle functions. Unlike some competitors, the Model 3 does not support Android Auto or Apple CarPlay, which puts it at a disadvantage. However, it does allow for gaming on the infotainment screen during waiting times.
Pricing Overview
The base prices for the models are as follows:
- Model 3 Long Range RWD: $42,490
- Model 3 Long Range AWD: $47,490
- Model 3 Performance AWD: $54,990
Final Considerations
Lease offers can vary based on location, specific vehicle configurations (such as trim levels and options), and credit approval. Advertised payments usually exclude taxes, title, registration, and other potential fees. To take advantage of these offers or get a precise quote tailored to your needs, including an official $0 down option, visit the official Tesla website.
Disclaimer: This article is provided for informational purposes only. The information presented is based on manufacturer-provided lease offer details, which can change frequently and may vary by location, creditworthiness, and other factors. We are not involved in any lease agreements and do not assume liability for the accuracy or availability of any lease offers mentioned. All terms, including pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle.