Lease-End Options

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


Upgrade to a New Tesla Vehicle

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

When you are approaching the end of your lease, contact us to learn more about your upgrade options.

If you’re looking to return your vehicle and upgrade before the end of your lease, we offer several options to end your lease early. Depending on how long you have left on your lease, your payment status and other factors, you may be eligible for an early lease termination or a lease transfer.

Return Your Tesla Vehicle

We 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, keep a copy of the repair receipt.

Return Checklist

Review wear and tear: Review any excess wear and tear on your vehicle with our Excess Wear and Use Guide.

Start your return in the Tesla app: Sign in to the Tesla app to start your lease return process. The Tesla app will guide you through the steps to initiate your return, complete your inspection and schedule your drop-off appointment.

To start the lease return process in the Tesla app, follow these steps:

To review your end-of-lease term changes in the Tesla app, follow these steps:

Any end-of-term changes will be visible in the Tesla app within two business days.

At your drop-off appointment, you must bring the following items:

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

Note: To access this feature in the Tesla app, make sure you have the latest version of the Tesla app.

Extend Your Lease

If your account is in good standing, you can apply for a lease extension for up to six months beyond your original lease-end date. 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:

If you extend your lease, your Autopay will automatically continue on your lease agreement date. Autopay will continue until you return your vehicle.

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

Note: To access this feature in the Tesla app, make sure you have the latest version of the Tesla app.

Purchase Your Tesla Vehicle

If you leased a Model S or Model X before April 15, 2022, you may be eligible to purchase your leased vehicle. Review your lease agreement to see if you qualify.

Eligibility

Fees

Getting Started
If your vehicle is eligible and you would like to purchase your vehicle, you’ll need to request an estimate in the Tesla app. We will ask for your registration address and title assignment before providing an estimate. Once you receive your estimate, you will have the option to proceed from your Tesla app.

If you would like to proceed with purchasing your vehicle, follow these steps:

Once you confirm you would like to purchase the vehicle, we will prepare a purchase packet with a good through date matching that of the estimate.

After you receive your packet, you must complete the following to complete your purchase:

Once we receive the funds, we will review your documents, process your payment and finalize the purchase. Your ownership transfer documents will be mailed to you upon completion.

Note: To access this feature in the Tesla app, make sure you have the latest version of the Tesla app.

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?
We operate 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 vehicle, will I get a loaner?
Loaner vehicles are not available during the transition period. If you are in need of a vehicle sooner than the estimated delivery timeframe, local inventory may be an alternative option.

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