Model 3
2023 tesla model-3
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2023 Tesla Model 3
$620 / month
$643 / month
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Available Money Factor of 0.00167 for 36 month lease
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2023 Tesla Model 3 Prices and Deals

Sean Kaufman
Automotive Contributor - February 7, 2023
  • 2023 Model 3 is made to order
  • Lease: From $399/month (est.)
  • Rebates: Up to $7,500 federal tax credit
  • Financing: From 5.44% APR

2023 Model 3 is made to order

The 2023 Tesla Model 3 must be custom ordered online, with a non-refundable $250 order fee and an estimated delivery window currently projecting arrival between January and February. Tesla's least expensive all-electric sedan gets an EPA-estimated 358 miles of range on a single charge and gets routine software updates.

Tesla has taken the bold move of no longer including charging cables with the delivery of its new vehicles. Like spare tires are now considered optional in many new cars, Tesla charging cables are now deemed optional and can be purchased separately from Tesla's online store for around $275 to start.

Offers are expected to end on February 28, 2023. This page is updated monthly with the latest incentives, so be sure to check back for the latest information.

Tesla Model 3 Lease Deals

Lease from $399 per month (estimated)

According to Tesla's online payment estimator, you can lease the 2023 Tesla Model 3 Standard Range with RWD starting at an estimated $399 per month for 36 months with $5,594 due at signing. With an effective monthly cost of $554, this deal is far more competitive than what we've been seeing from Tesla lately.

The offer is based on a mileage allowance of 10,000 miles per year.

Tesla Model 3 Rebate Deals

Up to $7,500 in federal tax credit

Tesla doesn't offer traditional rebates or incentives. However, both the Model 3 Rear Wheel Drive and Long Range are eligible for a $7,500 federal tax credit under the new guidelines, albeit with an MSRP cap of $55,000.

Although the Tesla Model 3 is eligible for the $750 California Clean Fuel Reward, the state plug-in rebate was reduced to $0 back in September 2022. Following recent price increases, the Model 3 no longer qualifies for a $2,000 California Clean Vehicle Rebate.

Residents in other low-emissions states may qualify for similar incentives to foster EV adoption.

Tesla Model 3 Financing Deals

From 5.44% APR

Tesla offers financing on the 2022 Model 3 sedan from 5.44% APR for up to 72 months. Even though Tesla slashed their lease prices, financing rates still went up .10%.

Just this past spring, Tesla offered interest rates as low as 2.99% APR. Shorter loan terms are available, but the financing rate remains the same.

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Advertised Lease Deals

2023 Tesla Model 3 Standard Range with RWD (Estimated) Lease Deal
$399Monthly Payment
Term Length (months): 36
Due at signing: $5,594
Mileage: 10k
MSRP: $43,990
Deal Valid in: All Regions
Expiration: 2/28/23

This ranks as an excellent deal based on our expert analysis of: vehicle price, length of lease term, amount due at signing, monthly payment, etc.

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CarsDirectPricing as of 2/8/23 in 20149
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Leases For Similar Cars

Based on 2023 Tesla Model 3 Base 4dr Rear-Wheel Drive Sedan - MSRP $45,630

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