This guide explains what’s happening with EV lease pricing, how drivers are using lease buyouts to lock in stability and value, and how to learn more about lease buyouts to plan for the future.

Tesla leases are becoming some of the best buyout opportunities in the market. Why? Because Tesla’s lease pricing is volatile—but the residual value in your contract is fixed. That means if you lock in a lease during a subsidized pricing window and later decide to buy the car out, you’re converting short-term incentives into long-term ownership.

Leasing a Tesla means lower monthly payments and flexibility to upgrade, while financing gives you full ownership and freedom. If you're not sure which path is right for you, this guide breaks it down.

Curious about a lease buyout? Tesla allows lease buyouts for drivers of the Cybertruck, Model S, Model 3, Model X, and Model Y at the end of their lease term.

Wondering what Tesla does with your lease return? Most returned Teslas are refurbished and sold through Tesla's used vehicle program, but some are sent to auction or used as service loaners. The process is streamlined, digital, and often comes with fewer surprises than you might expect.

The short answer: it depends on your equity, Tesla’s current policies, and how much you love the car you’ve already got. Tesla lease buyouts are now possible for all models, but you’ll want to weigh the pros and cons.