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Is leasing a Tesla worth it?
I’m going to be living on the west coast for a couple of years while I work on a project and I’m considering leasing a Tesla while I’m there. Are Tesla leases worth it? They’re such expensive cars but I’m sure that I’ll save money on gas.
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
It’s up to you to decide if a
Tesla
lease is worth it to you. The Tesla company itself only offers lease periods of 36 months, so you might have to lease the vehicle through a third party or do a lease swap
.Depending on the model you choose and the terms of your lease, you’ll typically pay between $400 and $600 per month to lease a Tesla. This is definitely very expensive for a car lease, so you’ll have to determine if this type of vehicle is within your budget.
To offset some of the costs associated with leasing a Tesla, check out your car insurance options with the
Jerry
app. It takes less than a minute to sign up and the average user saves $887 per year.View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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