Key Takeaways:
- Leases expire October 31, 2026. Model 3 starts at $419/month ($419–$649 by trim). Model Y starts at $499/month ($499–$799). Cybertruck Dual Motor AWD is $1,129/month and Cyberbeast is $1,439/month. Per CarsDirect; terms, down payment and region vary.
- Advertised US financing for qualified buyers: Model Y 1.99% APR (Performance 3.99%), Model 3 Premium 2.49%, Model 3 Performance 1.99%. Rates can change.
- A referral link adds 3 months of FSD (Supervised) — about $297 at $99/month — on a new Model 3, Model Y, or Cybertruck Premium AWD and Cyberbeast. It is not a cash discount, and it stacks with leases and financing. Dual Motor AWD is loyalty-only for existing owners. Model S and Model X do not qualify.
- The federal $7,500 EV tax credit ended September 30, 2025. Tesla reports Q3 2026 earnings on October 21, and offers could change for November.
Tesla’s US lease sheet ends October 31, 2026. Low APR is advertised on Model Y and on two Model 3 trims, and the official US referral program adds three months of Full Self-Driving (Supervised) when the order is placed through a referral link. Here is the stack as of October 20.
Deals Live as of October 20
Lease payments are from CarsDirect’s October 20, 2026 roundup and are starting figures. Per CarsDirect; terms, down payment and region vary. APR lines are Tesla’s advertised US rates for qualified buyers and can change. The October 31 date applies to the leases.
| Offer | Detail | Through |
|---|---|---|
| Model 3 lease | Starting at $419/mo ($419–$649 by trim) | October 31, 2026 |
| Model Y lease | Starting at $499/mo ($499–$799 by trim) | October 31, 2026 |
| Cybertruck Dual Motor AWD lease | $1,129/mo | October 31, 2026 |
| Cybertruck Cyberbeast lease | $1,439/mo | October 31, 2026 |
| Model Y financing | 1.99% APR (Performance 3.99%) | Advertised rate; can change |
| Model 3 Premium financing | 2.49% APR | Advertised rate; can change |
| Model 3 Performance financing | 1.99% APR | Advertised rate; can change |
Model 3 starts at $419 a month and Model Y at $499 a month. Cybertruck is $1,129 a month for Dual Motor AWD and $1,439 a month for Cyberbeast. Confirm the payment Tesla shows for your ZIP code. A lease and an APR are different contracts, so price the one you intend to sign.
How a Referral Link Stacks
Ordering through a referral link adds three months of Full Self-Driving (Supervised). The subscription is $99 a month, so three months are about $297 of value. The benefit does not reduce the vehicle price, and Tesla applies it only through the link. It stacks with the lease offers and the financing offers in the table.
Qualifying orders are a new Model 3, a new Model Y, and Cybertruck Premium AWD and Cyberbeast. Cybertruck Dual Motor AWD qualifies only for existing owners (loyalty). Model S and Model X do not qualify.
- Open the referral link https://www.tesla.com/referral/nik23320 this site uses on US posts, before you configure the car.
- Choose a qualifying model and trim.
- Select the lease or the advertised APR and read the payment for your region.
- Place the order through that link so the three months of FSD attach.
The $7,500 Credit, and October 21 Earnings
The federal $7,500 EV tax credit ended September 30, 2025. It does not apply to an order placed now. Tesla reports Q3 2026 earnings on October 21. Lease pricing in this post still runs through October 31, but offers could change for November. We will update this page when that sheet is public.
Order Before October 31
If you want Model 3 starting at $419 a month, Model Y starting at $499 a month, or Cybertruck at $1,129 or $1,439 a month, October 31, 2026 is the lease expiry. Get a free referral code https://www.tesla.com/referral/nik23320 and submit the order through the referral link while those payments are the published offer. The button below uses the same link.
Frequently Asked Questions
When do the lease deals end? October 31, 2026. Model 3 starts at $419/month, Model Y at $499/month, Cybertruck Dual Motor AWD is $1,129/month, and Cyberbeast is $1,439/month. Per CarsDirect; terms, down payment and region vary.
Does 1.99% APR end on October 31? Tesla has not set that date for the rates. Model Y is 1.99% APR (Performance 3.99%). Model 3 Premium is 2.49% and Model 3 Performance is 1.99%. Rates are Tesla’s advertised US rates for qualified buyers and can change.
Is the referral a cash discount, and what qualifies? It is three months of FSD (Supervised), about $297, and only when you order through the referral link. New Model 3, Model Y, and Cybertruck Premium AWD and Cyberbeast qualify. Dual Motor AWD is for existing owners (loyalty) only. Model S and Model X do not qualify. It stacks with leases and financing.
Does the $7,500 federal credit still apply? It ended September 30, 2025, and it does not apply to a new order.
The Bottom Line
Leases end October 31, 2026, with Model 3 starting at $419/month, Model Y starting at $499/month, and Cybertruck at $1,129 or $1,439 a month. Per CarsDirect; terms, down payment and region vary. Model Y is advertised at 1.99% APR for qualified buyers, and that rate can change. A referral link adds about $297 of FSD on a qualifying order. The federal credit is over, and the October 21 earnings report could change November pricing. Confirm the quote and order through the referral link before October 31.
Last updated: 2026-10-21
Get your 3 months of free FSD: https://www.tesla.com/referral/nik23320