Tesla Model 3 Leases Drop To $399 Per Month: Is It Competitive?

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Tesla Model 3 Leases Drop To $399 Per Month: Is It Competitive?
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Tesla Model 3 Leases Drop To $399 Per Month: Is It Competitive? via insideevs.com

starting at $399 per month. The deal applies to the single-motor Model 3 RWD that starts at $43,990, excluding any incentives or tax credits.The full lease as specified on Tesla's official website is $399 per month for 36 months with $4,500 due at signing. It includes the $1,390 destination fee, but not taxes and other fees. The lease is good for 10,000 miles per year and only valid in 42 US states.

All in, including the $4,500 down payment, $399 first month's payment, $695 acquisition fee, and 35 consecutive monthly payments of $399, you're looking at an effective monthly payment of $543. Keep in mind, this deal only covers a Model 3 with white paint, 18-inch Aero wheels, and a black synthetic leather interior. The Model 3 RWD offers 272 miles of EPA-estimated range and scoots from zero to 60 mph in 5.8 seconds. Tesla says you can take delivery soon.Tesla Model 3 Real-World Costs After 60,000 Miles: Owner Surprised

Should you hurry up and take advantage of this Model 3 lease deal? Obviously, it depends on your budget and priorities, and whether or not you're even a fan of the Model 3. These details aside, we've included a few deals on rivals' models below for comparison. While it's not easy to find many direct rivals with the Model 3 due to market segment, the following EVs would be arguably worth cross-shopping against the Tesla sedan for one reason or another:2022 Chevrolet Bolt EVLease for $279 per month for 36 months with $3,999 due at signing2023 Nissan LEAFLease for $529 per month for 36 months with $5,000 due at signing

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