Tesla Cybertruck Leases Start at $999 a Month
- by Transport Topics
- Nov 08, 2024
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Tesla Inc. is now offering the option to lease its polarizing Cybertruck, with prices starting at $999 a month.
That monthly payment is available to U.S. consumers who put $7,500 down toward leasing an all-wheel-drive version of the electric pickup for three years, Tesla’s website shows.
Lessees must pay as much as $1,715 a month, with zero down, to lease a Cyberbeast iteration of the model for two years.
Tesla began offering the option to lease after working through much of its backlog of Cybertruck orders.
You can now lease a Cybertruck
Starts at $999/mo (36 mo, $7500 down)
— Cybertruck (@cybertruck) November 8, 2024
Initial versions of the truck cost more than $100,000, a far cry from the $39,900 starting price that CEO Elon Musk touted when first unveiling a prototype of the pickup in 2019.
While the Cybertruck ranks well behind the Model Y sport utility vehicle and Model 3 sedan, Tesla told investors last month that it was the third best-selling EV in the U.S. last quarter. The company has yet to break out how many of the pickups it’s delivering on a quarterly basis, instead lumping those figures together with its two oldest vehicles, the Model S sedan and Model X SUV.
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