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2026 Tesla Model Y lease deals now available
Since its launch in 2020, the Tesla Model Y has become a familiar sight on American roads. It was originally an SUV version of the Model 3, but eventually became one of Tesla’s core models and has consistently topped the electric vehicle sales rankings. What made it unique early on was its combination of real-world range, usable space and quick acceleration – qualities that remain relevant even as more rivals like the Mustang Mach-E, Ioniq 5 and ID.4 have joined the segment.
In 2026, Tesla updated the Model Y’s styling and made some internal adjustments. The front now features slimmer headlights with a running light bar, the cabin uses better materials, ambient lighting has been added, and ventilated front seats are available as an option. These changes aren’t dramatic, but they do push Model Y forward.
Tesla (Tesla)
Tesla lease deals in March
Tesla will offer multiple Model Y lease deals across its trim lineup in March, each with a 36-month lease term and 10,000 miles per year. These Tesla Model Y lease offers are available to qualified applicants and require a $3,000 down payment, which is included in the amount due at delivery.
The entry-level, rear-wheel-drive Model Y has the lowest monthly payments, but the exact price depends on which trim you choose.
|
Model |
monthly payment |
Lease term |
Expires upon signing |
annual mileage |
|
Y-type rear wheel drive |
$459 |
36 months |
$4,155 |
10,000 miles |
|
Y-shaped all-wheel drive |
$499 |
36 months |
$4,195 |
10,000 miles |
|
Model Y Advanced rear-wheel drive |
$569 |
36 months |
$4,265 |
10,000 miles |
|
Model Y Premium All-Wheel Drive |
$669 |
36 months |
$4,364 |
10,000 miles |
|
Model Y performance all-wheel drive |
$799 |
36 months |
$4,495 |
10,000 miles |
At delivery, you’ll pay a down payment, first month’s payment, and a $695 acquisition fee. Taxes and registration fees are additional and not shown in advertised figures.
Customers may also be eligible for Tesla’s American Heroes program, which offers eligible military members, first responders, teachers, healthcare workers and students $500 off the purchase price after verification with ID.me.
You can lease a Model Y in most states. The process starts online with Tesla’s configurator, where you can handle your entire order digitally before setting it up for delivery.
Tesla (Tesla)
2026 Tesla Model Y Highlights
The 2026 Model Y comes in a variety of trims, from the new standard model to a dual-motor performance version. Rear-wheel-drive models make around 295 to 300 horsepower, while a dual-motor setup boosts that to around 375 horsepower.
Range is another area where the Model Y holds its own. The standard version is rated to have a range of up to 321 miles, Premium RWD has a range of about 357 miles, and the all-wheel-drive version still has a range of up to 327 miles, depending on the wheels.
Charging speed remains a highlight. Premium RWD can travel 182 miles in about 15 minutes via quick charging, reducing the number of stops on long journeys.
Inside, the Model Y retains Tesla’s familiar minimalist style. Most vehicle functions are controlled via a 15.4-inch central touchscreen, and on higher trims, rear passengers have access to an 8-inch display for climate and media controls. A panoramic glass sunroof, heated seats and dual-zone climate control are standard across the range.
Tesla (Tesla)
final thoughts
Electric SUVs are everywhere now, but the Model Y still holds its own. The combination of range, performance and Tesla’s charging network sets it apart from new competition.
If you’re considering switching to electric vehicles, leasing a Model Y is a practical way to test the waters. A lease allows you to set monthly payments and have the option to move to newer technology after a few years.
Current lease deals cover everything from entry-level rear-wheel drive to the high-performance Model Y. This range makes it easier for you to find a version that meets both your needs and your budget.
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Disclaimer: This article is for informational purposes only. The information provided herein is based on lease quote information provided by the manufacturer, which is subject to frequent changes and may vary based on location, creditworthiness and other factors. We are not a party to any rental agreement and accept no responsibility for the terms, conditions, availability or accuracy of any rental offer mentioned. All terms, including but not limited to pricing, mileage allowance and residual value, are subject to verification directly with an authorized local OEM dealer. This article does not constitute financial advice or an endorsement of any specific lease or vehicle.
This article was originally published by Autoblog on March 17, 2026 and first appeared in the Car Buying section. Click here to add Autoblog as your preferred source.