How much does it cost to lease the Tesla Model Y?
Across 1 live Model Y listing on LeaseGuru, the monthly payment is $499. Confirm taxes and fees for your area before signing.
Tesla Model Y Lease Deals
1 active listing from $499/mo.
Tesla Model Y lease deals near you
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- View deal detailsPhoto unavailableTesla
2026 Tesla Model Y
- Payment:
- $499/mo
- Term:
- 36 mo
New York
About the Model Y
The Model Y is Tesla's compact electric crossover and one of the best-selling vehicles in the US regardless of powertrain. Tesla adjusts lease pricing directly and frequently; confirm the current trim and payment before comparing against other EV crossovers.
Tesla quick facts
- Founded
- 2003
- Headquarters
- Austin, Texas, USA
- Country
- United States
- Official site
- www.tesla.com
Lease insights
Based on current Model Y listings for Tesla in our feed.
- Average payment
- $499/mo
- Payment range
- $499/mo
- Common terms
- 36 mo
- Avg. drive-off
- Not specified
State coverage
- New York (1)
Tesla Model Y lease calculator
This Tesla Model Y lease calculator starts from an approximate base-trim MSRP of $47,000 (unverified; listed Model Y deals may be higher trims). The live Model Y listing on this page runs $499/mo; advertised deals usually include dealer discounts, lease cash and money due at signing that this estimate doesn't assume.
Selling price starts at that MSRP. Enter the price you were quoted. The 36-month term, residual, and money factor are generic placeholders, not Tesla program rates. The same calculator has its own page: car lease calculator.
Monthly payment
$641.16
Due at signing $1,336.16
Vehicle
At sticker
Lease program
Term
Miles per year
Mileage changes the payment only by changing the residual. Enter the residual for this allowance. The calculator does not guess one.
Percent of MSRP, like 58. Not the dollar residual.
Multiply by 2,400 for a rough APR. Ask for the buy rate before any markup.
Cash that lowers the price
Cash you pay at signing. You don't get it back if the car is totaled.
Positive if the trade is worth more than you owe. Negative if you roll debt in.
Lease cash. It lowers the price the payment is based on.
Fees
Sample starts at $695. Use the amount on your worksheet.
Title, registration, and similar charges.
Tax
Leave blank if you only want the pre-tax payment. Enter 8.25 for 8.25%.
States do this differently. The state tax estimator is the place to check yours.
Deposits, one-pay, demo miles, lease end
Each deposit is one payment, rounded up to the next $50. You get them back at the end if the account is clean. They are not part of the cost.
From your program sheet. A figure you will see is 0.00007, and it is not universal.
Leave at 0 for a new car. Demo miles usually reduce the residual.
Residual cut per mile
Due if you return the car. Counted in total cost, not in the monthly.
Cash back after you sign. Lowers total cost, not the payment.
Monthly payment
$641.16
About 3.00% APR. 12,000 miles/year. Residual $27,260.00.
- Depreciation$548.33
- Rent charge$92.83
- Before tax.
- Due at signing
- $1,336.16
- Effective
- $660.46
- Value score
- 5.9
Effective spreads due-at-signing, disposition, and post-sale rebates across the term. Refundable deposits are left out. Value score is MSRP divided by a year of that effective payment. Higher means less of the sticker per year.
- Price the payment is based on
- $47,000.00
- First payment
- $641.16
- Fees due now
- $695.00
- Due at signing
- $1,336.16
- Total over the term
- $23,776.70
If you financed this price
$844.53/mo on $47,000.00 financed. That leaves out lease-only fees and sales tax on a purchase. The lease vs buy tool adds resale value.
Why lease a Tesla?
Potential advantages
- Leasing can help hedge fast-evolving EV technology cycles
- No gasoline spend for most daily driving patterns
- Strong performance and modern in-car software experience
What to watch
- Charging access and home setup are key to day-to-day convenience
- Regional incentives and tax treatment can change frequently
Tesla lease FAQ
What lease terms are common for the Tesla Model Y?
Current Model Y programs most often run 36 months. Longer terms can lower the monthly payment but usually raise total lease cost, so compare the full term before deciding.
How do I find the best lease deals for the Tesla Model Y?
Compare live listings for the Tesla Model Y on LeaseGuru by filtering by payment caps and term length. Evaluate the total cost including drive-off fees to find the most value-focused offer.
Are advertised payments for the Tesla Model Y lease final?
No. Advertised monthly payments typically exclude local taxes, registration fees, and dealer doc fees. Always check localized pricing and incentives before signing any lease paperwork.
Not the right Model Y yet?
Listings turn over constantly. Get an email when a new Tesla Model Y lease appears at or below your budget — no phone number needed.