Tesla provides multiple financing options for your vehicle. The Tesla financing calculator is available in the Design Studio to help estimate your payments for purchasing and leasing your vehicle.
Available Payment Methods
You can purchase or lease your vehicle through the following options:
You can lease a Tesla over the terms of 24, 36 and 48 months. Please note that leasing is available to qualifying customers.
You can purchase a Tesla by securing a loan with a Tesla financier over the terms of 36 to 96 months. Please note that Tesla lending is available for approved applicants depending on province.
You can also purchase a Tesla by paying upfront in cash for your new vehicle. There are several options available for making your final payment in time for delivery.
To finance your car with a loan or lease, you must submit a credit application. After placing your order, sign in to your Tesla Account to confirm your delivery details, complete your payment information and begin the credit application.
To purchase a vehicle with a loan, you will need to select your financier and provide underwriting information such as your social insurance number (optional), phone number and residence and employment information to complete your credit application. Learn more about the loan application process in your Tesla Account.
If you are eligible and interested in leasing a vehicle, you will need to provide additional information and choose your lease term and preferred annual mileage. To finance your vehicle with a lease, learn more about starting your lease application in your Tesla Account.
Preparing for Delivery
After your credit application is approved, you will receive additional information including the delivery date. If you are financing with a lease, you may be required to sign your Lease Agreement in your Tesla Account before taking delivery. The credit applicant must be present to take delivery of your vehicle. Learn more about what to expect on delivery day.