Tesla Cuts Cybertruck Leasing To $899, Adds $55k Buyout Option

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Tesla Cuts Cybertruck Leasing To $899, Adds $55k Buyout Option
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Tesla appears to be looking for ways to stroke demand for its unconventional electric pickup

The standard leasing option includes a $7,500 downpayment, although this figure can be reduced or scratched completely. Buying out the regular Cybertruck All-Wheel Drive will cost $54,930 at the end of the lease, and the Cyberbeast $67,510. It’s been less than a month since Tesla made the Cybertruck available to lease, and it’s already cutting prices. Shoppers now also have the option to buy the electric pickup at the end of the lease, although it won’t be cheap.

Late last month, Tesla also introduced lease buyouts for the first time. In the case of the Cybertruck All-Wheel Drive, the buyout totals a hefty $54,930 plus taxes, fees, and a $350 purchase fee. Add that to the $41,112 you could pay over the life of the lease if opting for no downpayment, and you’ll end up spending $96,392 before unspecified taxes and fees. To put that into perspective, it costs $79,990 to buy the same Cybertruck model outright.

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