Leasing a Tesla varies significantly depending on the model, lease term, mileage allowance, and whether the lease is for personal or business use. In the UK, entry-level Tesla models such as the Model 3 can start from around £249 per month, with more typical prices ranging between £300 and £500 per month on a personal lease with standard terms and an upfront payment. The Model Y, which is slightly larger and offers more practicality, generally starts from around £298 per month, rising to over £600 depending on the specification and mileage. Higher-end models like the Tesla Model S and Model X are significantly more expensive to lease, often exceeding £2,000 per month due to their luxury positioning and higher purchase prices. Business leasing prices may be lower due to VAT benefits and tax efficiencies, especially if the lease is structured appropriately.

In the UK market, leasing a Tesla is gaining popularity due to the brand’s strong residual values and its appeal as a zero-emission vehicle. A personal lease on a Tesla Model 3 typically ranges from £249 to £560 per month, depending on the lease structure. The Tesla Model Y starts at around £298 per month and can increase to over £600, depending on the specifications and mileage requirements. These prices typically include VAT, and contracts are commonly set for terms ranging from 24 to 48 months, with varying mileage caps. Leasing deals often include road tax (although from April 2025, EVs will begin paying a standard Vehicle Excise Duty charge), breakdown cover, and delivery. Business leases may be more cost-effective due to tax advantages. It’s also worth noting that, as a Tesla partner, some brokers such as Silverstone Leasing may have access to exclusive Tesla pricing.

You do not necessarily have to put $4,500 down on a Tesla lease. In the United States, Tesla sometimes advertises lease deals with a $4,500 down payment, but this is not a mandatory requirement. In fact, many leasing companies and brokers offer £0 or $0 down payment options, though these typically involve higher monthly payments or require excellent credit. While the $4,500 figure might be included in Tesla’s promotional examples to show lower monthly costs, actual lease terms can be customised. It’s also important to note that “zero down” leases in both the US and UK usually still require other upfront costs, such as the first month’s payment, an acquisition fee, and potential taxes or registration fees. In the UK market, leasing companies like Silverstone Leasing often offer flexible payment options, including leases with no initial rental, depending on customer preference and financial profile.

As of 2025, Tesla leasing prices remain competitive in both the UK and US markets. In the United States, for example, current lease deals on a 2025 Tesla Model Y start from around $399 per month on a 36-month lease with approximately $1,000 due at signing. The Model 3 starts from as low as $349 per month with no down payment on a 24-month agreement, though final prices depend on state taxes and dealer fees. In the UK, Tesla lease costs for 2025 have remained stable compared to late 2024 figures. A Model 3 typically starts at £249–£560 per month, and a Model Y from £298–£638. Model S and X vehicles continue to command much higher monthly payments, usually over £2,000. As Tesla continues to scale production and increase availability, prices may fluctuate slightly, but they are still considered competitive for premium EVs with advanced features and performance.

A new Tesla in the UK typically starts at around £40,000. For instance, a standard Model 3 is priced from approximately £39,990 to £42,990, while the Model Y begins at around £45,000. Luxury models like the Model S and Model X aren’t officially sold in right-hand drive, but can be converted from left-hand drive setups at a higher cost.

The most affordable Tesla currently is the Model 3, with prices starting at approximately £40,000 in the UK. That base model offers practical range and performance, making it Tesla’s entry‑level option.

The company’s name was chosen to honour Nikola Tesla, the Serbian‑American inventor whose pioneering work in alternating current (AC) motors laid the foundation for modern electric power systems. The name was originally selected by Tesla’s founders, Martin Eberhard and Marc Tarpenning, in 2003, to reflect the innovative spirit and core technology of their vehicles. Elon Musk later joined as an investor and chairman, but did not invent the name. He has expressed admiration for Nikola Tesla and the symbolic meaning the name conveys: progress, innovation, and a break from outdated fuels.

Yes, you absolutely can lease a Tesla in the UK. Tesla offers personal and business lease options through its UK site, with contract durations typically ranging from 24 to 72 months and mileage choices from around 10,000–24,000 miles/year.

Many UK deals include road tax and the manufacturer’s warranty. At Silverstone, we often offer more flexible terms and additional benefits such as free home delivery and competitive pricing. 

While leasing has many perks, here are some key drawbacks to be aware of:

• Mileage limits: Most leases come with annual mileage caps. Exceeding these results in charges per extra mile.

• No equity: You don’t own the car; at lease end, you return it—there’s no asset to sell or trade.

• Early termination fees: Leaving a lease contract early often incurs substantial fees.

• Wear‑and‑tear charges: You may face end‑of‑lease fees for excessive wear and tear.

• Upfront costs can be high: paying several months' worth of payments upfront may be more than some expect.

• No customisation: Leased vehicles must be returned in their original condition, with no modifications allowed.

• Residual value risk: Tesla’s frequent price cuts and depreciation shifts have impacted residual values, which can affect pricing and end-of-lease options

Yes, they do. Tesla’s UK leasing options include contract terms ranging from 24 to 72 months, subject to approval. However, the availability of the 24‑month option can depend on the model, time, and lender conditions. At Silverstone Leasing, we also offer 24‑month contract hire and can compare deals with Tesla to find the best match for your needs

The cheapest Tesla lease deals in the UK typically start from around £250 to £285 per month for a Tesla Model 3, depending on the term length, annual mileage, and initial payment. At Silverstone Leasing, we regularly compare offers across multiple funders to ensure our customers get the best possible price. While prices fluctuate based on stock availability and market conditions, the Tesla Model 3 is often the most affordable entry point into Tesla leasing. Shorter contracts with lower mileage limits usually offer the lowest monthly costs, and we can tailor quotes to match your exact requirements.

While Tesla does not typically allow direct negotiation on lease prices through its website, you can secure a more competitive deal by leasing through a broker like Silverstone Leasing. We work with a wide range of funders and have access to exclusive rates that are often more flexible than those offered by leasing directly with the manufacturer. This means we can tailor the lease to your needs, adjusting the initial payment, contract length, and mileage to help reduce the monthly cost. While you may not be able to negotiate directly with Tesla, using a trusted broker gives you greater control and often results in a better deal.

Yes, you can, but it typically comes with significant costs. Tesla allows early lease termination, but you'll need to pay an early termination fee, often calculated as a lump-sum amount (commonly around 50% of the remaining lease payments) The exact cost depends on how much time is remaining, mileage, and other contract details Transferring the lease to someone else can be a more cost-effective alternative.

In the UK, monthly lease payments typically range from around £300 to £1,000 or more, depending on the model, mileage allowance, contract length, and deposit. 

Yes, since November 27, 2024, Tesla allows lease-end buyouts across all passenger models (Model 3, Model Y, Model S, Model X, Cybertruck) You can purchase the car at the previously agreed residual value plus any fees (up to about £350), minus what you've already paid. The transaction is typically initiated via Tesla’s app by selecting “Purchase Vehicle”

The Tesla Model 3 is currently the most affordable Tesla to lease. Lease rates for the entry‑level Model 3 RWD start at around £288–£320/month on 24‑month contracts with low mileage (around 5,000 miles/year). It's also the cheapest new Tesla model overall, with a UK list price starting at £39,990

Tesla UK lease terms typically range from 24 to 60 months. Usual minimums remain at 24 months for direct leases.

Current lease deals for the 2025 Model 3 in the UK typically start around £320 per month, with an upfront cost of approximately £3,200 on a 48-month, 8,000-mile-per-year contract. For shorter 24-month terms, prices can be as low as £288 per month with an initial payment of £3,455 and 5,000 miles per year.

Tesla’s long-promised $25,000 conventional car, often referred to as the “Model 2”, is not happening in the traditional sense: Elon Musk has stated it would be “pointless” and “silly” to build a regular $25k model with steering and pedals. Instead, Tesla pivoted the concept to the Cybercab, a fully autonomous two-seater without controls, expected to launch around 2026 at approximately $25,000