Hey everyone, Dennis here from DennisCW! If you're a fan of Tesla deal hacking like I am, you know the thrill of scoring a low monthly payment on a Tesla. But today, I want to dive into a massive hidden cost that could change the game for those eyeing ultra-cheap leases. Shoutout to LT from the community for spotting this—it's a real eye-opener. We'll also cover Tesla giveaways, Model 3 vs. Model Y comparisons, why EVs crush traditional cars on maintenance, and even a sweet deal on a Rivian van. Let's jump in!
We've all seen those jaw-dropping Tesla lease deals: a Model 3 for as low as $131 a month or a Model Y for $253. Sounds too good to be true? Well, there's a catch if you're leasing a pre-owned Tesla with mileage beyond the original 4-year/50,000-mile bumper-to-bumper warranty.
Tesla's fine print reveals that if your lease term extends past this warranty, you'll be automatically enrolled in their Extended Service Agreement (ESA) subscription for the rest of the lease. It's like forced insurance for your ride, and it adds up:
Plus, there's a deductible on top. For a $197/month Model 3 lease, that extra $50 is a 25% hike! Factor in insurance, potential maintenance on an older vehicle, and it might not be the bargain it seems. That said, I get why Tesla does this—it protects you from huge repair bills on a high-mileage EV. If you're shopping deals like a Model Y Performance for $299/month with zero down (24 months, 10,000 miles), remember to add that $60/month ESA.
Is it still worth it? For first-time Tesla owners, a short 1- or 2-year lease could be a low-risk entry point. Plus, leasing dodges income limits on the $4,000 used EV tax credit—everyone qualifies for incentives up to $4,500. Weigh the pros and cons, and let me know in the comments: Would this hidden cost make you rethink a cheap Tesla lease?
Pro tip: Before selling your current car for a Tesla upgrade, check GiveMeTheVin.com (link in bio). One viewer got $3,000 more than Tesla's offer!
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Tesla's new website tool lets you compare payments side-by-side. Leasing deadlines are tight—take delivery by month's end to lock in incentives (the $7,500 tax credit for finance/cash is uncertain, but leasing is a sure thing).
The Model Y edges out for most folks with better space and versatility, but the Model 3 shines in handling and performance. Note: Model Y payments rise by $50–$80 in about a week—order now! Use my Tesla referral code (in bio) for 3 months of Full Self-Driving free.
Which would you pick? Drop your choice below!
Your new Tesla arrives bare-bones—no phone mount, even. Essentials I recommend from our partner JOA:
They also have a wireless game controller, portable air compressor, and electric scooter. Use promo code (in bio) for savings and free shipping over $120.
EVs like Tesla dominate on upkeep. A typical V8 engine has 400–600 moving parts; a Tesla motor? Just 1–5. No oil changes, regenerative braking saves your brakes (some go 50k+ miles without swaps), and fewer parts mean less hassle.
Tesla's guide estimates annual costs:
Focus on tire rotations (every 6k miles), cabin filters (Tesla Mobile can do it at home!), and brake fluid checks. For all-weather floor mats, grab 3W's set with lifetime warranty—use code DENNIS35 for 35% off (link in bio).
Spotted on Bring a Trailer: A barely-used 2025 Rivian van (261 miles, 100kWh battery) bidding at $33,000 (original MSRP ~$88K). It's spacious—perfect for camping or business. Bidding ends in 3 days. What would you pay? Could snag the $7,500 tax credit too!
From hidden lease costs to EV perks and hot deals, Tesla world is full of surprises. What are your thoughts on these topics? Comment below, like, and subscribe for more deal-hacking tips. Thanks for reading—see you in the next one!
Disclaimer: All deals and prices are subject to change; verify with Tesla or dealers.
Tesla enthusiast and EV expert. Sharing tips on maximizing your Tesla ownership experience.