Tesla has quietly increased lease prices for the Model 3 lineup in the United States, with some variants seeing hikes of up to 12 percent.
The cheapest Rear-Wheel Drive Model 3 now leases at $379 per month over 36 months with a 10,000-mile annual limit.
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However, that figure excludes a $4,075 due-at-signing fee, which includes a $3,000 down payment, the first monthly payment, and an acquisition fee.
When factoring in the upfront cost, the effective monthly rate rises to $481—roughly 12 percent higher than earlier this year.
Just last week, the same model was offered at $329 per month with a lower $4,024 due at signing.
Other Model 3 Variants Also Affected
The Premium Rear-Wheel Drive version now costs $399 per month, plus a $4,094 fee at signing, bringing the effective rate to $501 per month.
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The Premium All-Wheel Drive model is priced at $479 per month with a $4,174 upfront fee, resulting in an effective monthly cost of $581.
At the top of the range, the Model 3 Performance has a monthly lease of $629, with $4,324 due at delivery.
That works out to $731 per month over 36 months—about 4.3 percent higher than before.
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For comparison, Hyundai earlier this year offered the Ioniq 5 N at $699 per month over 36 months with $3,999 due at signing, equating to $810 per month.
