Tesla Cuts Model 3 And Y Lease Prices To $329 And $399 A Month

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Tesla Cuts Model 3 And Y Lease Prices To $329 And $399 A Month
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Tesla has recently reduced its Model 3 and Y lease prices. The automaker also expects its credit amount to halve come 2024.

Tesla has a proclivity to change its pricing schematics and update vehicle models at a moment's notice. Early this month, Tesla cut its Model 3 and Y prices. Moreover, the automaker also introduced a new entry-level Model Y, likely featuring the firm's LFP battery pack. The 2023 Tesla Model 3 now starts at $40,380, and the Model Y runs $45,380. These vehicles are each powered by rear-mounted motors and offer a respective 272 and 260 miles of range, per the EPA.

More Tesla News Tesla Model 3 Highland Spotted Uncovered In The US For The First Time Tesla Launches Model 3 and Model Y Color Wraps For $7,500-$8,000 The Model Y's monthly lease price runs slightly more than its smaller Model 3 sibling. The Model Y's lease cost is $399 a month for 36 months with the same $4,500 downpayment. Its duration is the same--- 10,000 miles. The total price of leasing a Model Y from Tesla is $19,954, with all the additional fees.

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