Elite QandA


How much does a Tesla Model Y cost per month?


  1. How much does a Tesla Model Y cost per month?
  2. Does Tesla do monthly payments?
  3. How much do you pay for a Tesla per month?
  4. How long can you finance a Tesla Model Y?
  5. Can you get a Tesla with 500 credit score?
  6. Is it hard to get approved for Tesla financing?
  7. How can you afford a Tesla?
  8. What is the cheapest Tesla?
  9. Is it smart to lease a Tesla?
  10. Is owning a Tesla cheaper?
  11. Is it hard to finance a Tesla?
  12. Does Tesla require proof of income?
  13. Does Tesla increase electric bill?
  14. How do I pay for my Tesla?
  15. Is Tesla charging free?
  16. Is Tesla worth the money?
  17. Why is a Tesla so expensive to insure?
  18. Is Tesla expensive to insure?
  19. Can I charge my Tesla in the rain?
  20. How long do Tesla batteries last?
  21. Can a Tesla go through a carwash?
  22. Can Tesla be stolen?
  23. How long do Tesla cars last?
  24. Do Teslas break down a lot?
  25. Are charging stations free for Tesla?

How much does a Tesla Model Y cost per month?

Tesla Model Y lease That comes out to $723/mo including the down payment and acquisition fee, or $0.87 per mile. The Performance Model Y comes in a bit higher at $709 a month and $5,904 due at signing. That totals $30,719 or $853 a month total.

Does Tesla do monthly payments?

You can lease a Tesla over the terms of 24 to 36 months. Please note that leasing is available to qualifying customers. You can purchase a Tesla by securing a loan with a Tesla financier or a third-party lender over the terms of 36 to 72 months.

How much do you pay for a Tesla per month?

How much does it cost to lease a Tesla?TypeCost (Monthly Payment + Insurance + Charging - Rebates)Model S (60)$1,146/month + $5,127 at signing*Model S (P100D)$2,134/month + $6,457 at signing*Model X (75D)$1,471/month + $5,558 at signing*Model X (P100D)$2,211/month + $6,543 at signing*Sep 21, 2021

How long can you finance a Tesla Model Y?

Finance approvals are valid for between 30-60 days, so we advise you apply for financing once you are within that time frame of delivery. Leasing approvals are valid for 90 days.

Can you get a Tesla with 500 credit score?

How Tesla Financing works. There is no stated minimum required Tesla financing credit score to apply for a Tesla auto loan, but borrowers with the best credit scores (720+) generally qualify for lower-APR financing.

Is it hard to get approved for Tesla financing?

No. There are no lender or application fees to apply for lending. Will there be a hard pull of my credit? At least one hard pull of your credit report is required, however, for some applicants, additional inquiries may be needed as Tesla works to find you the best credit offer possible.

How can you afford a Tesla?

How You Can Afford a Tesla Even If You're Not RichGet thousands of dollars back via government incentives. Switch from gas to electric and save upwards of $700 a year. Cut down on electricity costs by charging your car for free. Slash your monthly car payment using this service. Pay a lot less by buying used.

What is the cheapest Tesla?

Now the cheapest Tesla is the standard range Model 3, which starts at $43,990.

Is it smart to lease a Tesla?

Tesla is leasing the Model Y for $489 per month with the same $4,500 down. The lease runs for 36 months and only allows for 10,000 miles per year....It's a question we could ask about any car, but let's take a look at Tesla's lease offers.CategoryBuying AdviceMake/ModelTesla Model YBody StyleSUV/CrossoverApr 21, 2021

Is owning a Tesla cheaper?

With average gas prices currently hovering around $3.39 per gallon, you'll spend $1,589 in gas just to drive your Camry. If you own a less fuel-efficient vehicle, then you'd be spending even more....Fuel.Fuel cost for 15,000 milesTeslaCamryYear 1$1,755*$1,589Year 2$555$1,589Total fuel cost$2,310$3,178Nov 30, 2021

Is it hard to finance a Tesla?

No. There are no lender or application fees to apply for lending. Will there be a hard pull of my credit? At least one hard pull of your credit report is required, however, for some applicants, additional inquiries may be needed as Tesla works to find you the best credit offer possible.

Does Tesla require proof of income?

Member. It depends on your credit score and how much you are asking for. Typically for cars there is very little proof that is requested.

Does Tesla increase electric bill?

Across all Tesla products, the average charging cost per mile is 4.12 cents per mile. So, if you only charge your Tesla at home, you can expect your electricity bill to increase by about $45 each month.

How do I pay for my Tesla?

Tesla accepts wire transfer, financing through a bank or leasing. Please confirm your preferred payment method in your Tesla Account under 'Payment Method' or directly with your Tesla Advisor. We require payment or a valid proof of payment prior to your delivery appointment.

Is Tesla charging free?

Tesla has announced the availability of free "supercharging" for its vehicles during the holidays. The first is by making holiday trips a bit more affordable, the second is by encouraging people to recharge their vehicles at different times so the Superchargers won't be overwhelmed by these end-of-year travelers.

Is Tesla worth the money?

Whether or not a Tesla is worth it to you comes down to your personal finances, and how important it is for you to own an electric vehicle....How the math works out.Six-year cost of vehicleTesla Model SToyota Camry LEPotential tax credit-$2,500N/AInsurance+$22,038+$13,200Maintenance+$1,788+$5,976•Nov 30, 2021

Why is a Tesla so expensive to insure?

Why are Teslas so expensive to insure? The largest contributor to the expensive cost of Tesla insurance is collision coverage. Teslas are particularly expensive to insure for collision damage due to their high repair and maintenance costs, which are greater than those for other luxury vehicles.

Is Tesla expensive to insure?

The average cost of car insurance for a Tesla is $4,548 per year, based on our research. Teslas are more expensive to insure than many other luxury cars due to their high repair costs, which increases the cost of collision coverage.

Can I charge my Tesla in the rain?

The battery that powers the motor is charged with a dedicated plug-in cord that connects it to a charging station or regular wall outlet.

How long do Tesla batteries last?

300,000 to 500,000 milesAccording to Elon Musk on Twitter, Tesla car batteries are supposed to technically last for 300,000 to 500,000 miles, which is 1,500 battery cycles. That's between 22 and 37 years for the average car driver, who, according to the Department of Transportation, drives about 13,500 miles per year.

Can a Tesla go through a carwash?

Can I take my Tesla through a drive-thru car wash? Tesla warns you against taking your car to a regular automated car wash that uses brushes and bristles to clean your vehicle. However, if you're taking your Tesla through a drive-thru car wash, make sure you use only touchless car washes.

Can Tesla be stolen?

Tesla's vehicles, just like essentially all vehicles, can be stolen. That said, some folks will tell you it's harder to steal a Tesla than many other cars, and if people do steal one, there's a very good chance it will be recovered. Car owners have the key cards. Owners of similar cars are advised to be vigilant.

How long do Tesla cars last?

A Tesla can last well over 500,000 miles when you take care of them. In general, the battery pack will need to be replaced at about 300,000 miles to keep the range consistent with what it was when you bought it new. This can be an expensive repair since the battery costs between $3,000 and $7,000.

Do Teslas break down a lot?

No, Teslas don't need much maintenance compared to standard vehicles. Tesla vehicles have fewer moving parts, and you don't have to do regular fluid changes or deal with a combustion engine. Do Teslas break down a lot? According to owners, Teslas rarely break down.

Are charging stations free for Tesla?

The city of Los Angeles in California has 3,284 public charging stations, 521 of which are free EV charging stations. Los Angeles has a total of 270 DC Fast Chargers, 76 of which are Tesla Superchargers.



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