How Long Tesla Engined Car Lease
Lease Terms
Tesla offers lease terms of 24, 36, or 48 months. The length of your lease will affect your monthly payments and the total cost of your lease.
Monthly Payments
Your monthly lease payments will be based on the following factors:
- The model of Tesla you lease
- The lease term you choose
- The mileage limit you choose
- Your credit score
Total Cost of Lease
The total cost of your lease will be the sum of your monthly lease payments plus any additional fees, such as a down payment, acquisition fee, and disposition fee. The total cost of your lease will also be affected by the residual value of the Tesla at the end of your lease term.
Residual Value
The residual value of a Tesla is the estimated value of the car at the end of your lease term. The residual value is used to calculate your monthly lease payments and the total cost of your lease. Tesla’s residual values are typically high, which means that you will have lower monthly lease payments and a lower total cost of lease.
Mileage Limit
Tesla offers mileage limits of 10,000, 12,000, or 15,000 miles per year. If you exceed your mileage limit, you will be charged a per-mile overage fee.
End of Lease Options
At the end of your lease term, you will have the following options:
- Return the Tesla to Tesla
- Purchase the Tesla
- Lease a new Tesla
Conclusion
Tesla offers a variety of lease terms and options to meet your needs. The length of your lease, your monthly payments, and the total cost of your lease will all be affected by the factors discussed above. By carefully considering all of these factors, you can choose the Tesla lease that is right for you.
