Don't Be Fooled by Tesla Online Pricing

June 29th, 2024

Don't Be Fooled by Tesla Online Pricing

Teslas are awesome. We love driving them - especially when we're driving them to deliver to customers!

Here's how to find out exactly how much it'll actually cost you to lease a Tesla. Then you'll know exactly how much you can save with Octopus.

When you go to Tesla.com to look at lease pricing, here's how to get the most accurate view of pricing.

First, let's get to your actual pricing not including potential gas savings.

Gas savings are great, but first you want to know what your Tesla will cost you out of pocket. (Plus, you'll see gas savings with an EV from Octopus too, or any EV).

Second, input your zip code to get accurate taxes and fees.

With an Octopus lease in Texas, there's NO added taxes and fees. (Really!) But for Tesla leasing, there is.

Third, see what happens with a $0 down payment.

Start by setting Down Payment to $0. This will help you get a clean view of what the starting point is for your monthly payment.

You'll still have a Due at Signing amount as we'll see in a moment. You can always increase your down payment to lower your monthly payment later on.

Last and most important, don't miss the Due at Signing amount.

You can't avoid a $4,000+ payment of taxes and fees when you lease a Tesla in Texas. The exact amount will vary by model and lease plan.

Now you can see that you'll pay $4,626 upfront for this Model Y, then $615 per month.

(Don't forget there's also a $395 fee at lease end. Octopus doesn't have that fee.)

Compare this to Octopus pricing to see savings.

When you have the full picture, and you know that Octopus pricing NEVER has any other taxes or fees, you can tell exactly how much you save with an Octopus lease.

In this case, you'll save $2,117 up front and $106 every month. Over the next 35 months of payments, that'll add up to $3,710. Plus, there's that $395 disposition fee with Tesla.

Altogether, you'll save $6,222 by going with a pre-owned Model Y from Octopus!

And with Octopus, with credit approval you can even lower your Due at Signing amount to as low as $0 down payment plus first monthly payment!

Connie

Connie

Octopus

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