Compare Tesla Model Y lease deals
Compare lease quotes for the UK’s best-selling EV, the Tesla Model Y. Find your best lease deal, whether you want a base model, the long-range variant, or fancy upgrading to the high-power Tesla Model Y Performance.
A Tesla Model Y can be all things to a lot of different drivers. It boasts cargo and passenger capacity that’s the envy of most family SUVs, while still packing much of the Tesla Model 3's punch for power and performance. It also enjoys all the other benefits we’ve come to associate with a Tesla: sleek looks, high-tech features, and a 5-Star NCAP safety rating (2022).
Getting a lease on a Tesla Model Y offers an affordable route to driving one of the most highly sought-after cars on UK roads. You also get the flexibility to choose a lease duration and initial payments to suit your budget and other needs.
Plus, with CarLease.co.uk, you can compare Model Y lease deals from multiple providers, giving you the ability to shop around and select the one that best suits you.
Tesla Model Y options compared
Rear Wheel Drive
Best for: More budget-conscious drivers who still want that T on the bonnet. Will appeal if you prioritise spacious yet efficient urban commuting and value a balance of range and affordability. It's a base model with relatively few trade-offs.
Maximum range (WLTP): 267 miles (20" wheels - 283 mi (19" wheels)
0-60mph: In 6.6 seconds
Official Power Consumption: 15.7 kWh/100km
Long Range All-Wheel Drive
Best for: Those seeking extended driving range and versatility, suitable for long-distance travellers and families needing extra cargo space for longer day trips or weekends away.
Maximum range (WLTP): 331 miles
0-60mph: In 4.8 seconds
Official Power Consumption: 16.9 kWh/100km
Performance All-Wheel Drive
Best for: Driving enthusiasts who are willing to pay more for pinned-to-your-seat acceleration and smooth handling. It’s ideal for those wanting a high-performance experience while still driving what size-wise is effectively a family SUV.
Maximum range (WLTP): 319 miles
0-60mph: In 3.3 seconds (with rollout subtracted)
Official Power Consumption: 17.3 kWh/100km
More about your Tesla Model Y lease options
This ultimately comes down to what you want from your Tesla Model Y lease.
If cost is a priority, the Rear Wheel Drive variant will likely be the most affordable option and doesn’t mean a significant trade-off in terms of range and performance. However, if you regularly undertake longer drives, the Model Y RWD’s shorter range might not be ideal.
Unsurprisingly, the more expensive, high-spec variants (Long Range and Performance AWD) offer more to drivers, but you’ll pay more for the extras.
Whatever option you choose, you’re unlikely to be disappointed. The Model Y is the country's most popular EV, after all.
Not automatically, but if you lease a Tesla Model Y, you typically have the option to include the likes of servicing and include a budget for minor repairs. The cost of this is simply included in your regular lease payments.
Car leases (regardless of which car you choose) generally start from 12-24 months and can range all the way up to 60 months.
For an option like a Tesla Model Y, some drivers opt for shorter terms, given the technology behind EVs is almost constantly being upgraded. Better battery technology is never far around the bend, so choosing your lease duration carefully is a wise choice if you want to stay ahead of the curve.
Just bear in mind that a shorter lease on a Tesla Model Y will likely mean higher monthly repayments compared to a longer one.
It’s generally not a great idea to end a car lease early, whether it’s for a Model Y or any other model. The break costs for ending a lease before the contract is up can be significant.
How much you need to pay upfront on a Tesla Model Y lease will be largely up to you. You typically have the option of making an initial payment that’s the equivalent of anything from one to 12 months' worth of payments. Paying more upfront will mean lower payments for the remainder of the lease.
The regular payments generally work out cheaper on a Tesla Model Y lease versus buying the same car with a car loan (PCP). The obvious counterpoint is that with a lease, you won’t own the car and will have a bit less flexibility over how you use it (you’ll need to stick to the pre-agreed mileage limit).
Then again, if owning a car isn’t important or necessary for you, leasing a Model Y is no different in most practical ways from owning one, and you won’t need to worry about selling the car when the time comes to move on.
Yes, businesses can lease a Tesla Model Y. There may be tax advantages and cash flow benefits to a lease versus buying a car, but have a word with your accountant before you make a decision either way.
