Tesla Financing

We provide 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:

  1. Lease
    You can lease a Tesla vehicle over the terms of 24 to 36 months. Leasing is only available to qualifying customers.
  2. Loan
    You can purchase a Tesla vehicle by securing a loan with a Tesla financier or a third-party lender over the terms of 36 to 72 months. Tesla lending is only available for approved applicants depending on state.
  3. Cash
    You can also purchase a Tesla vehicle by paying upfront in cash. There are several options available for making your final payment in time for delivery.

Note: At this time, business-only, trust and commercial financing options are not available.

Credit Application

To finance your vehicle 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 security number, phone number and residence and employment information to complete your credit application.

Note: At this time, business-only, trust and commercial financing options are not available.

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.

Preparing for Delivery

After your credit application is approved, you will receive additional information including the delivery date. If you are financing with a loan or lease, you will be required to sign your Loan or Lease Agreement in your Tesla Account before taking delivery on your delivery day. The credit applicant must be present to take delivery of the vehicle.

Note: Texas and Michigan customers are required to submit final payment prior to scheduling their delivery appointment due to state restrictions.