Tesla Model 3 Lease
The Model 3 may be Tesla’s most affordable vehicle, but it is also one of the most futuristic, forward-thinking EVs on the market. Available in three versions, including the Standard Plus with a range of 278 miles, the Long Range at 360 miles and the Performance Edition, which combines a 352 range with a 0-60mph time of 3.1 seconds, this pure electric plug-in car is unlike any other.
For the best Model 3 lease deals, view our latest business and personal leasing offers for each version below. All of our Tesla cars are supplied by the UK Tesla dealer network.
Standard Plus Auto
Long Range AWD Auto
Performance AWD (Performance Upgrade) Auto
Complete Care Terms and Conditions
Complete Care is available to drivers aged between 21-70 with no more than 2 “at fault” claims in the last 2 years and no more than 6 points on driving licence. The driver must not have been subject to a driving ban in the last 5 years and must have held a full UK/EU licence for at least one 1 year. Prices are based on the postcode of the customer. 72% of our customers would qualify for the advertised price however a confirmed rate will be sent in writing upon request.
In the event of an incident resulting in damage, loss or theft to the vehicle, the customer will be required to pay an excess known as a Customer Incident Charge (CIC) if they are found to be “at fault”. The CIC varies depending on the number of “at fault” incidents for the vehicle and is an escalating charge as follows:
- First incident is £250
- Second incident £350
- Third and subsequent incidents £750
If a repair is lower than the CIC, then the customer will only be charged for the loss, also known as a Customer Elected Payment (CEP).
Full eligibility criteria, restrictions and policy exclusions are available upon request.
Why Lease The Model 3?
Martin Gurdon is a freelance motoring journalist, writing for the Sunday Telegraph, Evening Standard and Diesel Car magazine.
The Tesla Model 3 is one of the most significant cars of the past decade. A slickly executed electric rival to the BMW 3 Series and Mercedes-Benz C Class, it’s persuading many people that battery power is the way to go.
The Model 3 has certainly drawn a positive response from Nationwide Vehicle Contracts customers, achieving an average star rating of 4.6 out of 5. “The Model 3 is a pleasure to drive,” said one. “It’s swift and very smooth, the infotainment system and in-car comforts are a cut above anything else I've ever driven. The range is great for an electric. I'm regularly getting 250+ miles on a full charge. Being electric the running costs are very low too.”
A number of respondents did say however that the build quality, particularly inside, wasn’t quite as good as the Tesla’s conventional rivals. “Some interior materials not as good as other £50,000 brands,” was a typical response, but overall the ownership experience has been a positive one.
Although the Model 3 has a fastback profile, it isn’t a hatchback, which to some extent limits what it can carry. The boot itself is long and reasonably spacious. There is also a front luggage locker suitable for two or three soft bags of clothes or shopping.
This is a five-seater car with plenty of room in the front. The rear bench seat is a comfortable place for two adults. Three would find it a bit of a squeeze and the really tall might wish for a little more headroom.
We drove the entry-level Model 3 Standard Range Plus, which has a claimed range between charges of 278 miles, although using a lot of ancillaries or driving in cold conditions will reduce this somewhat. Tesla owners benefit from the company’s own ‘Supercharging’ sites in locations such as motorway services. The car can be up to 80 per cent charged in around 30 minutes at one of these, about 70 minutes with a regular public charger and in the region seven hours using a home wall charger (or 40 miles per charging hour). We spoke to one owner who drove from Kent to Sheffield and rapid charged their vehicle during a comfort stop.
The Tesla Model 3 achieved a five-star Euro NCAP crash test rating and is stuffed with safety kit.
It might not have quite the tactile class of conventional BMW and Mercedes-Benz rivals, but the Model 3 is hardly cheap and nasty. It’s so quiet that any creaks and rattles would become obvious, but there were none in our test car, which was a comfortable place to be.
The minimalist dash is dominated by Tesla’s distinctive centre touch screen. Using this takes a little getting used to, but the commands are nicely integrated and sequential, and although there are plenty of control options, this is a user-friendly system.
Many of the car’s functions, including temperature and entry, can be controlled remotely by mobile phone app, another feature our Tesla-owning customers liked.
What’s it like to drive?
The Model 3 drives like a regular automatic. Acceleration is instant (think 5.3 sec 0-60, 140mph top speed) and near silent. Essentially, electric motors only have one moving part, and more of their energy goes into driving the car, so they are very responsive. The Model 3 certainly felt quick.
It rides firmly-but-comfortably, corners with roll-free precision, and has sharp, accurate steering. Our car had two-wheel-drive but costlier four-wheel-drive twin-motor versions are quicker still and have a greater range.
The Model 3 is a technically dense vehicle. Some Tesla owners have reported minor electrical glitches, and for a period, our test car claimed that a door camera was obscured. This wasn’t the case and the warning symbol vanished again after a while.
One feature liked by customers is the self-driving function for duel carriageways (an urban-friendly system is also in the pipeline). This works with the cruise control, is easy to set up and cancel and keeps the car safely positioned in relation to other vehicles.
The driver lightly holds the wheel as the car steers and automatic lane changing works with the indicator stalk. When the turn signal is flashing, the car waits for a gap in the traffic and then manoeuvres. The control screen has a graphic that shows where other vehicles are.
The Tesla Model 3 is a sophisticated, expensive car, that is a genuinely fresh take on vehicle design. Switching to one from a petrol or diesel compact executive car capable of covering 500 miles between rapid fuelling stops would be a culture shock, but an increasing number of drivers are making this shift and adapting to electric power’s limitations to enjoy its benefits.
Tesla Model 3 FAQs
Our Tesla Model 3 lease deals change regularly, with our cheapest deals constantly reviewed to ensure you get the best driving experience for your money.
With our Tesla Model 3 leasing deals, you could find it’s much cheaper than taking out a bank loan or dealer finance. With fixed monthly payments that could include maintenance and servicing costs, you’ll be able to manage your money while enjoying everything a Tesla has to offer.
Take a look at all our latest car leasing deals to see what we currently have on offer.
Our Model 3 lease deals change regularly, with our cheapest deals constantly reviewed to ensure you get the best driving experience for your money.
Take a look at all our latest car leasing deals to see our latest Tesla Model 3 prices and what we currently have on offer.
Delivery lead times vary depending on several factors including seasonality and product demand. Typically, Model 3 delivery takes between three to six weeks for a custom order, with a further four weeks for shipment to the UK. Pre-built models may have a reduced delivery time.
You can read more in our Understanding Delivery Lead Times guide.
There are currently three versions of the Tesla Model 3 available: Standard Plus, Long Range and Performance Edition.
The Tesla Model 3 Standard Plus has a range of 278 miles and comes with Rear-Wheel Drive. It can accelerate from 0-60 mph in 5.3 seconds.
The Tesla Model 3 Long Range has a range of 360 miles and comes with Dual Motor All-Wheel Drive. It can accelerate from 0-60 mph in 4.2 seconds.
The Tesla Model 3 Performance Edition has a range of 352 miles and comes with Dual Motor All-Wheel Drive. It is the fastest model in the range, accelerating from 0-60 mph in just 3.1 seconds.
You can run your own Tesla Model 3 lease comparison by using our handy Lease Comparison Tool.
From April 2021, the Tesla Model 3 is no longer eligible for the OLEV plug-in grant, however, anybody getting a Tesla as a company car will benefit from the latest cuts in benefit-in-kind (BIK) company car tax. From 6 April, all fully electric cars will benefit from a 0% BIK rate, rather than the previous rate of 16%.
Tesla offers a variety of delivery options. Eligibility for specific delivery options depends on your delivery location, car configuration and any preference you may have.
You can request collection at a Tesla delivery location. On your delivery day, you will have all the time you need to explore the features of your car at your own pace via the in-car Tesla Tutorials and Owner’s Manual on the touchscreen. All tutorials can also be accessed from the Settings menu in the Tesla app, or you can ask a Tesla Advisor for additional information during delivery.
To order a Tesla Model 3 with Nationwide Vehicle Contracts, simply select the vehicle you want and order online. One of our sales consultants will then contact you to discuss your requirements. Alternatively, you can call 0345 811 9595 to speak to one of our Tesla UK lease specialists. Our phone lines are open 9am to 5.30pm.
Find out more about the leasing order process in our How Car Leasing Works guide.
If you're looking for a luxury electric car that looks great, drives great and is packed with technology, the Tesla Model 3 is worth considering. Leasing a Model 3 offers many advantages over buying including fixed, lower monthly rentals, inclusive road tax and breakdown cover and free delivery direct to your door.