Lease-End Options

Learn more about what to expect when you are nearing the end of your lease.


Upgrade to a New Tesla

Tesla products get better over time with over-the-air software updates and our newest cars come with all our latest options—including faster acceleration, longer range, dual motor all-wheel drive and enhanced interior styling.

Once your current lease has ended, contact us to learn more about your upgrade options.

Purchase Your Tesla

If you leased your vehicle before April 15, 2022, you may be eligible to purchase your leased Tesla. Review your lease agreement to see if you qualify.

Eligibility

Fees

Getting Started
If your vehicle is eligible, follow these steps to begin the purchase process:

Return Your Tesla

Tesla will contact you 30-60 days prior to your maturity date to complete your final inspection and schedule your drop-off appointment. Contact us with any questions on the return process.

You may be able to avoid additional costs by repairing any excess wear and tear prior to your final inspection. If you make repairs after submitting your inspection, please keep a copy of the repair receipt.

Return Checklist

After your return, you will be billed for any remaining charges to meet your lease obligations.

Extend Your Lease

If your account is in good standing, you can apply for a lease extension for up to 6 months beyond your original lease-end date. Please note that lease extensions can only be granted once.

Eligibility
To apply for an extension, you must be:

Getting Started
To apply for a lease extension, follow these steps:

Lease extensions are often defaulted to 6 months, but you can return prior to the end date of the extension and only be responsible for the monthly lease payments already accrued. Please note that you will be billed for the entire month in which you return the vehicle. Tesla will not prorate the monthly payment to the day.

Frequently Asked Questions

Can I return my vehicle early?
Yes. If you are interested in ending your lease early, review the options available to terminate your lease.

Can I purchase my vehicle at the end of my lease?
Purchasing your leased Tesla vehicle is not available at this time for vehicles delivered on or after April 15, 2022. At the end of your lease, you can upgrade to a new Tesla vehicle or apply for an extension of your lease.

How do I extend my warranty?
You may be eligible to extend your warranty by purchasing an Extended Service Agreement.

Where can I get repairs done before the inspection?
Tesla operates Service Centers across North America. Review our Excess Wear and Use Guide to see what is considered excess versus normal wear.

If I have to wait for my new Tesla, will I get a loaner car?
Loaner cars are not available during the transition period. If you are in need of a car sooner than the estimated delivery timeframe, local inventory may be an alternative option.

I don’t live near a Service Center. How can I return my Tesla?
Transportation may be provided to retrieve your Tesla by a per-mile fee. Contact your local Tesla Service Center for more information.

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