๐Ÿš— Lease vs Buy

Tesla Model 3: lease vs buy

Typical lease parameters and what the math looks like โ€” plus a pre-filled calculator you can adjust to your actual dealer quote.

Tesla leases have higher money factors than equivalent ICE vehicles. The $7,500 federal EV credit may pass through on qualifying leases โ€” confirm before signing.

Typical Tesla Model 3 parameters

ParameterTypical LeaseTypical Purchase
Price / Cap Cost$42,000$41,000
Drive-off / Down$4,500~$3,500
Monthly payment~$499/mo~$709/mo (6.5% APR)
Residual47% MSRP~$17,000 resale (5yr est.)
Equivalent APR~4.8%Market rate

Open pre-filled calculator โ†’

Compare Tesla Model 3 prices before you negotiate
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Have a specific dealer quote?

Enter the exact numbers โ€” the calculator shows total cost both ways.

Open the calculator โ†’