All you need to know about leasing
Check out our guide to understanding how car leasing works including the pros and cons.guide to leasing
Introduced in 2016, the Model 3 is Tesla’s first affordable high-volume car, boasting a futuristic exterior design, seating for up to five adults and an impressive range of more than 220 miles.
Combining efficiency and safety with style and performance, the Tesla Model S is the world’s first-ever premium all-electric saloon designed from the ground up.
Combining the space and functionality of a 7-seater with all-wheel drive and a range of 315 miles, the electric Model X redefines the SUV sector.
As one of the most hi-tech electric cars on the road, Tesla can also be one of the most expensive. However, leasing a Tesla can be a great way to drive off in a brand new electric car without paying the high price tag. By paying in fixed monthly installments, you can spread the cost of the latest Tesla models, as well as saving on things like road tax and breakdown costs. Discover more about the costs of running an electric car in our full guide.
Leasing a Tesla not only means you’ll be driving off in one of the most advanced electric cars available, but it also means you’ll be ahead of the game when it comes to green driving. Diesel car sales are due to be banned in 2030, meaning electric cars will be the way to go. Also, at the end of your leasing period, you can upgrade to a brand new model, meaning you won’t ever have to deal with any depreciation or costly repairs.
The Tesla Model 3 is the cheapest car in the Tesla range with lease prices starting from as little as £534.86 inc VAT per month. The Model 3 is a popular lease choice with customers looking for a practical, high-tech luxury EV with great performance and a long mileage range.
In addition to the Model 3, Tesla also offers the five-door Model S hatchback. which has the longest range of any battery-powered electric car currently in production, and the Model X, a plug-in electric luxury SUV ideal for busy family life.
In order to lease a vehicle through Nationwide Vehicle Contracts, you will need to undergo a credit check as part of the finance application process.
Most funders ask for a good to excellent credit score in order to be accepted for vehicle finance.
If you're unsure if you're eligible, take our brief interactive questionnaire to find out if you are likely to be accepted for personal leasing finance.
Vehicle leasing is a long-term rental agreement that allows you or your company to use a car or van for a set period at a fixed monthly price. It is an alternative, and often cheaper, funding solution to buying a new car or van with a bank loan or dealer finance.
You can read more about vehicle leasing in our How Leasing Works guide.