The Tesla Model Y Long Range Is Cheaper To Lease Than The Model 3 Long Range

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Less money for a bigger car? That’s a great deal in our eyes. However, there is one caveat.

The Tesla Model Y was the best-selling car in the world last year and it’s been the best-selling EV in the United States so far this year. And with this latest lease deal, it looks like Tesla wants to keep the status quo unchanged because the battery-powered crossover is actually cheaper to lease than the slightly smaller Model 3 sedan. As far as value for money goes, this is a solid proposition. However, don’t let the model names fool you because you’ll be in for a surprise.

Here comes the caveat, though. Even though both EVs are called “Long Range,” the Model 3 comes with dual-motor all-wheel drive, while the base Model Y is rear-wheel drive. So, even though it’s $1 less to lease per month, you get one less electric motor. Tesla also offers an all-wheel drive Model Y Long Range, but that’s more expensive and offers less driving range.

 

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