Tesla Model 3 Lease at Historic 1.75% APR: The Best Deal of the Year!
Hey everyone, DennisCW here! If you're in the market for a Tesla, buckle up because we've just hit an incredible low on the Model 3 lease: 1.75% APR. This is the lowest rate I've ever seen—possibly ever for Tesla. It's hands down the deal of the year for the Model 3 Rear-Wheel Drive (RWD). But before you rush to order, let me break it all down for you step by step.
How This Ultra-Low Rate Works
This isn't your standard purchase financing—it's for a Tesla Model 3 lease. Even on a lease, you're financing a portion of the vehicle, so interest applies via the money factor. For the Model 3 RWD, it's 0.000730, which multiplies by 2400 to give you that sweet 1.75% APR.
Quick math tip: Money Factor × 2400 = APR. Last year around this time, we saw about 1.9%, so history is repeating with even better incentives!
The Numbers That Make It a No-Brainer
- Monthly Payment: $299
- Down Payment: $1,500
- Bonus: One free option credit (free paint, wheels, or more!)
Stack this with a Tesla referral code (grab mine in the description below) for up to 3 months of Full Self-Driving (FSD) or $1,000 off depending on the model. Pro tip: Click the referral link first, then head to Tesla's site to order—it applies automatically.
Model Y and Other Variants
- Model Y AWD Lease: 3.65% APR (still solid, but higher)
- Model Y Finance Option: 1.99%—worth comparing if you're keeping it long-term (3-6 years)
- Model 3 AWD: 3.26% APR
Lease vs. Finance? It depends on your timeline. For 3-year leases, this crushes it. For longer ownership, check credit unions (join our Patreon for our exclusive list of 4-5% rates) or lease buyouts.
Stack State Incentives for Even Bigger Savings
Some states are throwing in huge EV rebates:
- Colorado: $3,850 incentive → Drops Model 3 to $258/month!
- Massachusetts: ~$3,000
Check your state's offerings—these can combine with Tesla's deal for insane value.
Must-Have Tesla Accessories from Joah (Black Friday Deals Live!)
Your new Tesla arrives with zero accessories—no phone mount, no console storage. Don't sweat it! Our partner Joah has everything you need at big Black Friday discounts (use my promo code below for extra savings + free shipping over $120).
Top Picks I Use Daily:
- Phone Mount: Keeps your phone secure during 0-60 sprints.
- Center Console Organizer: Say goodbye to lost keys and crumbs.
- Underscreen Storage Mount: Perfect for sunglasses (my new fave!).
- Wireless Game Controller: Fits in the glovebox.
- Portable Air Compressor: Road trip essential.
- Electric Scooter: Ditch walking between chargers.
Shop Joah now (Amazon links too)—support the channel and gear up right!
Is This the Deal for You?
At 1.75% for $299/month, the Model 3 RWD is the stacked best right now. Waiting for something better? Maybe, but incentives are peaking. Drop a comment: Are you pulling the trigger, or holding out?
Thanks to Joah for sponsoring—links below. Hit like, subscribe, and use that referral code. Let's electrify!
-DennisCW
