#vehicle-leasing

#vehicle-leasing

If you're thinking of leasing a Tesla, you probably should've done it before Wednesday. The electric vehicle company increased lease prices on its US vehicles following the expiration of electric vehicle tax credits on Tuesday, which came as a result of President Donald Trump's One Big Beautiful Bill Act. Tesla has yet to increase non-lease prices. The monthly rate hikes for a 36-month lease for the Model Y and Model 3, for example, are now listed as:

The programs will operate under each automaker's financing arm, according to documents viewed by Reuters and interviews with dealers briefed on the plan. It basically works like this: Ford and GM will buy EVs from its own dealers by having their finance divisions put down payments on all the electric models in their inventory before the tax credit expires. The dealers will then lease the vehicles to customers with a $7,500 discount baked into the price.