Tesla Leasing

Tesla leasing offers affordable terms and convenient, monthly payment options to qualifying customers. Learn more about the leasing application process, making monthly payments and available lease-end options.

Getting Started

Design your Tesla and select ‘Lease’ as a payment method to place an order of your vehicle.

The Tesla leasing calculator is available in the Design Studio to help you determine the right payment option. Please note that Tesla leasing is not available in all provinces and additional taxes and fees may apply. These estimated lease payments are not guaranteed and are subject to our underwriting process.

Financing With a Lease

After placing an order, sign in to your Tesla Account to review and confirm your delivery, registration and trade-in details.

Tesla leasing is available in the following provinces: AB, BC, NS, ON, QC, SK.

Submit a Lease Application

Once approved, you can accept the financing offer in your Tesla Account and a Tesla Advisor will reach out to you with next steps to take delivery of your Tesla. In the event that your application is denied, a member of the Tesla team will contact you within one business day of the decision to discuss next steps.

Taking Delivery

Your Lease Agreement will be available for signature in the ‘Payment Method’ section of your Tesla Account at least 24 hours prior to your delivery appointment if e-sign is available. If you are leasing with Tesla and your province is eligible for electronic signature, you must e-sign any required documents in your Tesla Account. If you submit a lease application, you must be present and provide proof of insurance at time of delivery. Learn more about taking delivery.

Payments and Fees

Leasing payments can be made online in your Tesla Account. Monthly payment amounts may change due to factors such as taxes and toll violations.

Lease-End Information

Learn more about what to expect near the end of your lease, such as your return options, checklist and self-inspection. If you are interested in ending your lease early, learn more about your options.

Frequently Asked Questions

When should I start the lease application?
You can apply any time after you place your vehicle order. Lease approvals are valid up to 60 days and subject to credit approval. If your delivery date is pushed back after your application expires, you may need to reapply.

Who can apply?
Tesla leasing is available for applicants in the following provinces: AB, BC, NS, ON, QC, SK.

The name on the lease application must match the name of the vehicle registration and this person must take delivery of the vehicle. For applications supported by a small business, the credit report of the individual applicant will be used to assess the application. Unfortunately, business-only, trust and commercial finance applications are not accepted at this time.

Are there fees to submitting a lease application?
No. There are no fees to submit a lease application.

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 long do credit decisions take? How can I check the status of my application?
Many credit decisions are available within a few minutes, with most available within 48 hours. However, some may occasionally take longer due to unforeseen circumstances.

You can check the status of your application in the ‘Payment Method’ section of your Tesla Account. Once a credit decision has been made, you'll be notified in your account. Lease approvals are valid up to 60 days and subject to credit approval.

Can I transfer my lease?
Yes. If you have more than 13 payments left on your lease, you may be eligible to transfer your lease to a credit-approved assignee. Transfer fees and applicable taxes will apply.

Can I purchase my leased Tesla?
All Tesla vehicles delivered on or after April 15, 2022 are not eligible for purchase at the end of the lease.

Where can I make my monthly payments?
Leasing payments can be made online in your Tesla Account.

How do I obtain new registration?
If you are a current leaseholder and have recently moved, you will need to notify Tesla of your new address. Tesla will then register the vehicle on your behalf in the new province. If your registration expires during your lease period, reach out to your local provincial motor vehicles department to renew your registration. Learn more about the registration process in your province.

Do I need to notify Tesla Finance if I am moving?
Yes. Notify us of any registration or billing address changes, so we may begin the process of re-registering and titling the vehicle if required.

Why is there a charge for property tax on my bill?
Any taxes or fees associated with your leased Tesla will be passed on to you as the lessee. If you have questions, review your lease agreement or contact us.

Are there any insurance requirements?
Yes. You must meet the requirements below for your lease:

Note: Your lease comes with gap insurance.

What is the Toll Violation policy?
Any toll violations associated with your leased Tesla will be passed on to you as the lessee. Review your lease agreement for additional policy information.