The Weekly Driver

Website • Podcast • Newsletter
Established 2004

Tesla Roadster price slashed to $1,658 (per monthly lease payment)

Tesla Roadster price slashed to $1,658 (per monthly lease payment) 1The Tesla Roadster, the fastest, most expensive and most discussed electric sports car just got a little less expensive — sort of. The super-quick plug-in is now available via a three-year lease.

The Tesla retails, depending upon options, for $104,000-$111.000. But a three-year, 30,000-mile lease is now available for as little as $1,158 per month, or about $55 per day.

There’s small type, too: the leasing customer needs to provide $12,453 due at signing, which includes a $9,900 down payment and $895 acquisition fee but not taxes, title, license, registration, and “locally applied” fees.

The Tesla Roadster has two seats, 248 horsepower and powers from 0-60 mph in less than four seconds.

Tesla Roadster price slashed to $1,658 (per monthly lease payment) 2

Such performance, of course, likely means expensive insurance premiums. They’re not included in the monthly lease payment.

Like other leases, those leasing the Tesla Roadster can purchase the car after the contract expires or turn the car back in with a fee.

Tesla’s less expensive vehicle, with an approximate price of $50,000, is expected to be available in 2011.

Tor view new car reviews, videos and other automotive content, visit:


To get our weekly newsletter with automotive news and commentary delivered to your email inbox.