Tesla Incentives and Lease Deals for December 2024
Tesla does not currently offer any cash back rebates, but when it comes to leases, the 2024 Tesla Model Y Electric and Model 3 Electric offer Excellent value. The worst lease deals are on the 2024 Tesla Model S Electric and 2024 Model X Electric, you'll want to stay away from leasing these models.
As for low APR deals, Tesla is offering 0% financing for 60 months on the 2024 Tesla Model Y Electric.
Tesla Lease Deals Summary
Looking at the data for Tesla lease deals over the past year, we can note that the "Bang for Buck" value, which indicates the value of the lease deal by dividing the MSRP by the Monthly Payment, has remained fairly consistent. The range for Tesla leases over the last 12 months is between 65 and 79, with an average of 71.
The current lease deals, with a B4B of 70, are on the lower end of the range, so take that into account when considering leasing - as deals may get better in the next few months (albeit slightly).
Note: fluctuations you see in the chart when it comes to monthly payments is a combination of Bang for Buck values and changes in trim levels and MSRPs promoted in advertised lease deals. There will not always be a perfect correlation between B4B and average monthly payments due to changes in MSRPs.
Best Current Tesla Lease Deals December 2024
Vehicle | Monthly Payment / $0 Down | ||||
---|---|---|---|---|---|
MSRP | Payment | Value | Best Region | Deals | |
Tesla Model Y Electric 2024 Long Range | $44,990 | $410 /mo | Excellent | Nationwide | |
Tesla Model 3 Electric 2024 Performance | $42,490 | $410 /mo | Excellent | Nationwide | |
Tesla Cybertruck Electric 2024 Cyberbeast | $99,990 | $1,263 /mo | OK | Nationwide | |
Tesla Model X Electric 2024 Plaid | $94,990 | $1,409 /mo | Poor | Nationwide | |
Tesla Model S Electric 2024 Plaid | $89,990 | $1,408 /mo | Poor | Nationwide |
Best Tesla Finance Deals
Vehicle | 36 mo | 48 mo | 60 mo | 72 mo | 84 mo | Deals |
---|---|---|---|---|---|---|
2024 Tesla Model Y Electric | 0% | 0% | 0% | 0.99% | 2.99% | |
2024 Tesla Model S Electric | 5.99% | 5.99% | 5.99% | 5.99% | 6.99% | |
2024 Tesla Model 3 Electric | 0% | 0.99% | 1.99% | 2.99% | 4.99% |
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Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid