Tesla Raises United States Lease Cost for Model Y Long Range Variant
Tesla Increases Model Y Long Range RWD Lease Price and Extends Delivery Timelines
Tesla has announced an increase in the starting lease price for the 2025 Model Y Long Range Rear-Wheel Drive (RWD) in the U.S. The new lease price is now $399 per month for a 36-month lease with a $3,000 down payment, based on a 10,000 miles per year contract. For a 24-month lease, the monthly payment is $419.
This price hike, effective as of early August 2025, also applies to the Model Y Long Range All-Wheel Drive (AWD), whose lease price has been increased from $399 to $449 per month.
The increased lease prices coincide with Tesla winding down end-of-quarter incentives and preparing for a likely busy delivery quarter. Customers are advised to place orders soon to avoid delays and secure delivery before the federal $7,500 EV tax credit expires on September 30, 2025.
Delivery timelines for custom orders have also been extended by one to two weeks in many locations, reflecting increased demand and/or production pressures heading into the end of Q3 2025.
Raj Jegannathan, AI and IT Infrastructure Engineer at Tesla, has cautioned about extended delivery estimates and confirmed that there will be no additional end-of-quarter discounts beyond what Tesla is already offering in the U.S. The online configurator for Tesla vehicles is set to be updated to reflect extended delivery estimates.
The base price for the Model Y Long Range RWD, without tax credits, is around $44,990. Financing offers remain available with promotional APR rates if delivery occurs before the tax credit deadline.
It's worth noting that the price increase for the Model Y Long Range RWD does not seem to be a huge jump, but it does add up over a multi-year term. Prospective buyers may want to order sooner rather than later if they want to take delivery before the end of Q3 and potentially secure the $7,500 federal EV tax credit before it expires on September 30, 2025.
Locking in a Tesla order now may be the safest bet to avoid the Q3 delivery crunch. At this time, the lease price increase for the Model Y Long Range RWD is the only model for which the lease price has been increased.
[1] Electrek (2025). Tesla increases Model Y lease prices in the U.S. Retrieved from https://electrek.co/2025/08/01/tesla-increases-model-y-lease-prices-in-the-u-s/
[2] CNET (2025). Tesla extends Model Y delivery estimates by up to two weeks. Retrieved from https://www.cnet.com/roadshow/news/tesla-model-y-delivery-estimates-extended-by-up-to-two-weeks/
[4] Tesla (2025). Tesla Model Y Long Range RWD Lease. Retrieved from https://www.tesla.com/modely/leasing
[5] Tesla (2025). Financing Offers. Retrieved from https://www.tesla.com/financing/offers
[1] The price increase in the lease of the 2025 Model Y Long Range RWD, announced by Tesla, will impact the transportation sector, as the new lease price is now $399 per month.
[2] The rise in lease prices for the Model Y Long Range RWD and AWD, effective from early August 2025, could influence the automotive industry, especially the electric-vehicles segment, as Tesla prepares for increased demand and potentially busy delivery quarters.
[3] With the extended lease prices and delivery timelines, the decision-making process for those considering a lifestyle change, opting for electric vehicles like the Model Y, may need to consider the updated finance options and delivery schedules carefully.
[4] The increasing use of technology in the automotive industry is evident with Tesla's introduction of the Model Y, and the price increase serves as a reminder of the ongoing financial considerations associated with this sector, particularly when it comes to electric-vehicles and financing options.
