How Much Does it Cost to Lease a Tesla in Australia?
Leasing a Tesla in Australia is an attractive option for drivers looking to experience premium electric vehicles without the full commitment of ownership. The cost of leasing a Tesla can vary depending on a few key factors, such as the Tesla model, the type of lease, and the lease term. Let's break down the details to give you a clearer picture.
Tesla Model Choices
Tesla offers a range of models in Australia, each with its unique features and pricing structure. Typically, the cost to lease a Tesla Model 3, which is the most affordable in the range, starts from approximately $1,200 per month. Moving up the range, the Tesla Model Y might cost around $1,400 to $1,600 per month, while the high-performance Model S and Model X could see lease payments exceed $2,000 monthly.
Lease Terms and Duration
Lease costs can vary depending on the lease term. A typical lease duration ranges from two to five years. A shorter lease term often leads to higher monthly payments, while a longer lease can spread the cost out more affordably. Factors such as the residual value of the vehicle at the end of the lease period and interest rates can also impact the overall cost.
Novated Leasing Benefits
For Australian employees, opting for a novated lease can further reduce the costs. A novated lease allows you to bundle all vehicle-related expenses, such as fuel, insurance, and maintenance, into one manageable payment that’s deducted from your pre-tax salary. This could lead to significant tax savings and make leasing a Tesla much more affordable in the long run.
Additional Costs to Consider
In addition to the monthly lease payment, you might need to consider other expenses such as insurance, registration, and maintenance. Some lease packages may include these costs, but it's important to confirm with your provider.
If you're interested in driving a Tesla while enjoying the financial flexibility that leasing provides, consider exploring your options with a novated lease. Contact us today to get a personalised quote and take the first step towards your Tesla experience!