The Base Tesla Model Y Lease Price Is Now The Same As The Base Model 3

Tesla lowered the lease price of the most affordable Model Y version.
As a result, the Model Y Long Range Rear-Wheel Drive costs the same to lease as the Model 3 Long Range RWD.
When buying with cash, the base Model Y is $2,500 more expensive than the Model 3.

Tesla appears to be on an end-of-year incentive spree, at least when it comes to its best-seller, the Model Y crossover.

Without any incentive in place, the Tesla Model 3 Long Range Rear-Wheel Drive starts at $44,990, while the Model 3 Long Range Rear-Wheel Drive retails for $42,490 excluding destination.

The new lease deal applies to a 36-month contract with a $2,999 down payment and an annual mileage of 10,000 miles. It also means that Tesla is basically subsidizing $1,800 over three years for people who want to get a new Model Y instead of a Model 3–$50 per month for 36 months.