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Tesla Incentives and Lease Deals for December 2024

Last Updated: Dec 05, 2024
Tesla Incentives 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.

Incentives can vary a lot by region. Always verify with your local dealers.

Ready to Negotiate the Best Tesla Deal?

The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)

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.

Tesla Lease Deals 1 Year Chart

Best Current Tesla Lease Deals December 2024

Lease Deals based on $0 Down Payment. 36 month, 10,000 miles/year. Expires Dec 31, 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
Tesla does not offer Cash Rebates

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%

Ready to Negotiate the Best Tesla Deal?

The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)

Incentives By Make

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