Tesla leasing offers affordable terms and convenient, monthly payment options to qualifying customers. Learn more about the leasing application process, making monthly payments and available lease-end options.
Design your Tesla and select ‘Lease’ as a payment method to place an order of your vehicle.
The Tesla leasing calculator is available to help you determine the right payment option. Please note that Tesla leasing is not available in all states and additional taxes and fees may apply. These estimated lease payments are not guaranteed and are subject to our underwriting process.
Financing With a Lease
After placing an order, sign in to your Tesla Account to review and confirm your delivery, registration and trade-in details.
Tesla leasing is available in the following states: AL, AK, AR, AZ, CA, CO, CT, DC, FL, GA, HI, IA, ID, IL, IN, KS, LA, MA, MD, ME, MN, MO, MT, NC, ND, NJ, NM, NV, NY, OH, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WV, WY.
Submit a Credit Application
- In the ‘Payment Method’ section of your Tesla Account, view the financing options available to you by selecting ‘Finance.’
- Select ‘Lease.’
Please note that you must be over the age of 18 and have a social security number to submit a credit application.
- Select Tesla as your financier and confirm your preferred amount due at signing, monthly payment, preferred lease term and annual mileage. Review the price details to continue your application. Complete your application by providing your date of birth, registration address, social security number, employment and income information.
- Tesla will review your credit application upon submission. If your information changes or your credit approval expires, you can resubmit your credit application by following the same steps above.
- You will be notified of the credit decision within the ‘Payment Method’ section of your Tesla Account.
Once approved, you can accept the financing offer in your Tesla Account and a Tesla Advisor will reach out to you with next steps to take delivery of your Tesla. In the event that your credit application is denied, a member of the Tesla team will contact you within one business day of the decision to discuss next steps.
Your Lease Agreement will be available for signature in the ‘Payment Method’ section of your Tesla Account at least 24 hours prior to your delivery appointment. If you are leasing with Tesla, you must e-sign any required documents in your Tesla Account. If you submit a credit application, you must be present and provide proof of insurance at time of delivery. Learn more about taking delivery.
Note: Texas and Michigan customers are required to submit final payment prior to scheduling their delivery appointment due to state restrictions.
Payments and Fees
Leasing payments can be made online in your Tesla Account. Monthly payment amounts may change due to factors such as taxes and toll violations.
Learn more about what to expect near the end of your lease, such as your return options, checklist and self-inspection. If you are interested in ending your lease early, learn more about your options.
Frequently Asked Questions
When should I start the credit application?
You can apply any time after you place your vehicle order. The credit approvals are valid to up to 90 days. If your delivery date falls after your credit application expires, you may need to start a new application.
Who can apply?
Tesla leasing is available for applicants in the following states: AL, AK, AR, AZ, CA, CO, CT, DC, FL, GA, HI, IA, ID, IL, IN, KS, LA, MA, MD, ME, MN, MO, MT, NC, ND, NJ, NM, NV, NY, OH, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WV, WY.
The name on the credit application must match the name of the vehicle registration and this person must take delivery of the vehicle. For applications supported by a small business, the credit report of the individual applicant will be used to assess the application. Unfortunately, business-only, trust and commercial finance applications are not accepted at this time.
Are there fees to submitting a credit application?
No. There are no fees to submit a credit application for leasing.
Will there be a hard pull of my credit?
At least one hard pull of your credit report is required; however, for some applicants, additional inquiries may be needed as Tesla works to find you the best credit offer possible.
Do I need to unfreeze or unlock my credit?
Tesla recommends you lift all credit freezes you currently have in place with all credit bureaus. It is best to unlock your credit file prior to submitting your credit application to avoid any delays.
Tesla suggest lifting all credit freezes for at least seven days. Please keep in mind however that if a credit approval expires prior to the vehicle delivery date, credit freezes may need to be lifted again if a new application is required.
How long do credit decisions take? How can I check the status of my application?
Many credit decisions are available within a few minutes, with most available within 48 hours. However, some may occasionally take longer due to unforeseen circumstances.
You can check the status of your application in the ‘Payment Method’ section of your Tesla Account. Once a credit decision has been made, you'll be notified in your account. Leasing decisions are valid for 90 days.
Can I transfer my lease?
Yes. If you have more than 13 payments left on your lease, you may be eligible to transfer your lease to a credit-approved assignee. Transfer fees and applicable state taxes will apply.
Can I purchase my leased Tesla?
You may be eligible to purchase your car at the end of your lease. Review your lease agreement to find out if you qualify.
Where can I make my monthly payments?
Leasing payments can be made online in your Tesla Account.
How do I obtain new registration?
If you are a current leaseholder and have recently moved, you will need to notify Tesla of your new address. Tesla will then register the vehicle on your behalf in the new state. If your registration expires during your lease period, reach out to your local DMV to renew your registration. Learn more about the registration process in your state.
Do I need to notify Tesla Finance if I am moving?
Yes. Notify us of any registration or billing address changes, so we may begin the process of re-registering and titling the vehicle if required.
Why is there a charge for property tax on my bill?
Any taxes or fees associated with your leased Tesla will be passed on to you as the lessee. If you have questions, review your lease agreement or contact us.
Are there any insurance requirements?
Yes. You must meet the requirements below for your lease:
- There are minimum coverage requirements unless you’re subject to state-specific terms. These requirements include:
- You must list Tesla Lease Trust as the lienholder and an additional insured party on the policy.
Tesla Lease Trust
12832 Frontrunner Boulevard
Suite 100 Draper, UT 84020
Note: Your lease comes with gap insurance.
What is the Toll Violation policy?
Any toll violations associated with your leased Tesla will be passed on to you as the lessee. Review your lease agreement for additional policy information.