Current Model Y Lease Offers (April 2026)
| Model | Term | Advertised | True Monthly* | Due at Signing | |
|---|---|---|---|---|---|
| Model Y RWD | 36 mo | $499 | $624 | $4,500 | Best Value |
| Model Y Long Range | 36 mo | $599 | $724 | $4,500 | |
| Model Y Performance | 36 mo | $649 | $774 | $4,500 |
๐ Current Demo & Inventory Deals
Model Y Lease vs Model 3
Special Lease Offers This Month
๐๏ธ End-of-Quarter Incentives
April 20-31: Additional $1,000-$2,000 off select Model Y inventory units. Contact your local Tesla store for availability.
๐ Referral Program
Use a referral link from an existing Tesla owner for $500 off or free supercharging miles. Find one in forums or from friends.
Model Y Lease by Term
| Term | RWD (true) | Long Range (true) | Performance (true) |
|---|---|---|---|
| 24 months | $674 | $779 | $834 |
| 36 months | $624 | $724 | $774 |
| 48 months | $584 | $679 | $724 |
Current Money Factors & Residuals
| Tier | Credit Score | 36-month Money Factor | APR |
|---|---|---|---|
| Tier 1 | 720+ | 0.00215 | 5.16% |
| Tier 2 | 680-719 | 0.00235 | 5.64% |
| Tier 3 | 640-679 | 0.00265 | 6.36% |
| Model | Residual (36mo/10k) | Residual Value |
|---|---|---|
| Model Y RWD | 56% | $26,734 |
| Model Y Long Range | 54% | $27,940 |
| Model Y Performance | 52% | $28,465 |
State Incentives for Model Y
Many states offer additional rebates that can lower your effective monthly payment by $30-60. Check your state โ
Frequently Asked Questions
The RWD at $624/month true cost is the best value. Demo vehicles with 15% off can lower that to $530/month.
Typically $4,500, which includes first payment, acquisition fee, and taxes. $0 down options available with higher monthly payments.
No, Tesla has fixed pricing. But demo vehicles and end-of-quarter inventory have automatic discounts.
Last 10 days of each quarter (April, June, September, December). December offers the deepest discounts.
Sources: Tesla lease offers April 2026, community-reported deals, inventory listings. Updated daily.