Thinking of driving a Tesla without committing to a full purchase? Leasing might be the ideal solution, especially in the UK, where flexible deals, government incentives, business tax benefits, and salary sacrifice schemes make Tesla more accessible than ever.
This guide covers everything you need to know about leasing a Tesla in the UK, from lease types and costs to providers and tips for finding the best deal.
Leasing a Tesla means you pay a fixed monthly fee to drive a Tesla model for a set period, usually between 24 and 48 months. At the end of the contract, you return the vehicle with no obligation to buy. It is a convenient way to access cutting-edge electric vehicles without worrying about depreciation or long-term commitment.
There are three main ways to lease a Tesla in the UK.
Personal contract hire is ideal for individuals. You choose the model, mileage limit, contract length, and then make predictable monthly payments. At the end of the term, you return the car. Learn more at Silverstone Leasing’s personal contract hire page.
Business contract hire is suited to limited companies, sole traders, and VAT-registered businesses. This lease option comes with tax benefits, including VAT reclaim and low benefit-in-kind tax rates. Explore options on Silverstone Leasing’s business contract hire page.
Salary sacrifice leasing enables employees to exchange a portion of their gross salary for a fully maintained Tesla lease. It is tax-efficient and ideal for businesses looking to incentivise staff. See Silverstone’s salary sacrifice guide.
In the UK, you can lease Tesla models, including the Model 3, Model Y, and occasionally the luxury Model S and Model X. The Model 3 is the most popular, offering great performance at an affordable monthly rate. The Model Y is a spacious family crossover, while the Model S and Model X are high end options.
For available vehicles, check Silverstone Leasing’s electric car leasing range.
Tesla lease pricing depends on contract terms, model availability, and provider offers. Silverstone Leasing provides a wide selection of deals across all price points:
Costs vary by model, mileage, and term. Here is a rough guide:
Model | Monthly Cost | Initial Payment | Term |
---|---|---|---|
Model 3 | 320 to 450 | 3 to 6 months advance | 24 to 48 months |
Model Y | 420 to 550 | Around 3000 | 36 to 48 months |
Model S/X | 900 and higher | Larger upfront | 36 to 60 months |
For real time offers, visit the main Silverstone site.
Most Tesla leases include:
Full details are available on Silverstone’s car leasing page.
Leasing has several advantages for UK drivers:
Before leasing a Tesla, make sure you understand the following:
Answers to common concerns can be found in Silverstone’s leasing FAQ.
Leasing a Tesla in the UK is a flexible and financially smart way to drive an electric car. With dedicated options for personal use, business users, and salary sacrifice schemes, Tesla leasing offers something for everyone. Silverstone Leasing makes it easy to compare, configure, and secure the right deal, whether you're looking for the popular Model 3 or a premium Model X.
Silverstone Leasing stands out for its dedicated Tesla exclusives page, offering curated deals across the full range of models.
Yes, you can. Leasing terms typically range from 24 to 60 months, and many providers—including those specialising in Tesla leases—offer 24‑month deals. The standard minimum annual mileage is usually around 5,000 miles per year.
Yes, after their third birthday. Like all vehicles, Teslas require an MOT test
Upon lease start, the funder initially retains the vehicle’s Tesla account. Within one to two days after delivery, control is transferred to the lessee. If it's not showing, users may need to sign a delivery declaration or check that their email address matches the lessee’s.
Yes. As long as the vehicle is insured and you notify the leasing company, you are generally allowed to drive your leased Tesla in EU countries.
Business leasing: If used exclusively for business, 100% of the VAT on the lease payments and maintenance may be reclaimed; 50% is allowed for mixed use
Zero-emission Benefit‑in‑Kind (BiK) rates: Currently very low (as little as 2%), making Teslas tax-efficient company cars
Hear from Our Happy Customers
At Silverstone Leasing, we believe the best way to understand the quality of our service is to hear directly from the people who matter most – our customers. In these short video testimonials, you’ll see real experiences from individuals and businesses who’ve leased with us. From first-time drivers to fleet managers, their stories highlight the care, transparency, and expertise that set us apart.