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Tesla Model 3 Leasing Factor – Is it a good deal?

Current leasing factor for the Tesla Model 3: 1.29 (OKAY ⚠️). Calculate if your lease offer is fair and compare Leasing vs. Buying.

Thinking about leasing the Tesla Model 3? Find out here if the typical leasing factor for this model is good – and get a direct comparison: Leasing vs. Buying.

Leasing Factor Tesla Model 3
1.29OKAY ⚠️

With a typical market rate of €450/month + €4,500 down payment and a list price of €42,000, the Model 3 is a mediocre offer.

Vehicle Data & Leasing Factor Calculation

Gross List Price (MSRP)€42,000
Discounted Buying Price€42,000
Monthly Leasing Rate€450
Term48 months
Down Payment€4,500
Leasing Factor1.29
How to read the factor: The leasing factor of 1.29 means that you pay 1.29% of the list price as a monthly rate.→ More about the leasing factor
Result
Leasing is €2,522 cheaper
Calculate Buy vs. Lease Now

Common Questions about the Tesla Model 3

What is a good leasing factor for the Tesla Model 3?

For the Model 3, a leasing factor below 1.0 is a good deal. The current market average is around 1.29. Factors under 0.7 are found during special promotions, on stock vehicles, or outgoing models. Use our Leasing Factor Calculator to check your specific offer.

What are the monthly costs for the Model 3?

The monthly lease rate for the Tesla Model 3 is approx. €450 (for a 48-month term and a €4,500 down payment). Add to this insurance (approx. €80–120/month), vehicle tax, and potentially maintenance. Our calculator computes all costs for you.

Is leasing the Model 3 worth it?

Whether leasing is worth it depends on depreciation. The Model 3 loses approx. 35% of its value in the 1st year – this is a strong argument FOR leasing to pass on the residual value risk. Our calculator compares both scenarios including opportunity costs.

Is the Tesla Model 3 stable in value?

The Model 3 loses above-average value, with approx. 35% in the 1st year. The residual value is particularly hard to predict for electric cars. With leasing, you don't carry this risk.

The question "Lease or Buy" for the Tesla Model 3 cannot be answered universally. While leasing scores with predictable monthly rates and protection against depreciation, buying with cash offers ownership and independence from mileage limits.

Our calculator takes into account not only the obvious costs but also depreciation and opportunity costs (what your money could have earned in the stock market). Often, it is precisely this factor that clearly shifts the result.

Sources & Data Basis

  • Market Prices & Leasing Factors: Average values from major leasing portals.
  • Tax Regulations: Official publications of the finance ministries (DE/AT/CH/UK/FR/US).

About the Author

Hi, I'm Michael. I built Carculated because I was looking for an independent calculator that honestly compares total costs incl. opportunity costs – and couldn't find one. So I had to build it myself in Excel. Now this tool is available for you too.

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