Tesla Financial Auto Leasing Policies
The team at DSRLeasing.com is dedicated to providing comprehensive Tesla Financial lease information and resources for automotive lease management. We strive to keep our leasing company information accurate and up-to-date. If you represent a leasing company not listed or have updates, please contact DSRLeasing.com.
Lease Buyout Rules
Tesla Financial allows the original lessee to purchase the leased vehicle at lease-end, with specific conditions outlined in the lease agreement.
- The purchase option price (residual value) is specified in the lease agreement. Contact Tesla Financial at 844-837-5285 or use the Tesla app to obtain a payoff quote.
- Buyouts must be processed through Tesla, typically via the Tesla app or customer support, not through third-party dealers.
- Third-party buyouts (e.g., by independent dealers or online retailers) are not permitted. Lessees must buy the vehicle themselves and may sell to a third party after completing the purchase.
- A signed Odometer Disclosure Statement must be submitted to Tesla, as required by federal law.
- Early buyouts may be allowed if permitted by the lease contract, but may include remaining lease payments and a purchase option fee (typically up to $350).
- Additional fees (e.g., sales taxes, registration, title fees) may apply, varying by state. Contact your local DMV for details.
Contact Tesla Financial at 844-837-5285 or via the Tesla app to discuss buyout options and confirm the payoff amount, providing your account number or VIN.
Lease Transfer Policy
As of November 27, 2024, Tesla Financial does not allow lease transfers, except under special circumstances evaluated on a case-by-case basis. The original lessee typically remains responsible for the lease until its conclusion.
What You Should Know
- Lease transfers are generally not permitted, but Tesla Financial may approve exceptions for specific situations (e.g., immediate family members), subject to review.
- To explore alternatives, such as early lease termination or buyout, contact Tesla Financial directly.
- The team at DSRLeasing.com can provide guidance on managing your lease obligations.
For further inquiries or to request a transfer exception, contact Tesla Financial at 844-837-5285.
Additional Leasing Notes
Tesla Financial offers leasing for Tesla vehicles, with terms typically ranging from 24 to 36 months and mileage options (e.g., 10,000, 12,000, or 15,000 miles per year). Additional taxes or registration fees may apply depending on your state; contact your local DMV for details. Note: DSR Leasing does not lease new Tesla vehicles but will assist customers in finding pre-owned Tesla models for purchase. For comprehensive Tesla Financial lease information or pre-owned Tesla purchase support, visit DSRLeasing.com.
Lease-End Fees and Policies
- Disposition Fee: Tesla Financial does not charge a disposition fee for lease returns, unlike most manufacturers.
- Excess Mileage Fee: $0.25 per mile for miles exceeding the lease agreement’s limit (e.g., 10,000, 12,000, or 15,000 miles per year).
- Excess Wear and Tear: Costs for damages beyond normal use (e.g., dents, scratches, tire wear) may apply. Schedule a complimentary pre-return inspection within 60 days of lease-end by contacting Tesla Financial at 844-837-5285 to assess charges.
- Lease-End Options: Return the vehicle to a Tesla Service Center, purchase it at the residual value, or lease a new Tesla vehicle (where available). DSRLeasing can pick up the vehicle for lease return with any lender; contact DSRLeasing.com for details. Contact Tesla Financial 60 days before lease-end to schedule an inspection and discuss options. A final invoice, including any charges, will be sent via the Tesla app or email within six weeks.
For more information, refer to your lease agreement or visit the Tesla Financial website.
Contact Tesla Financial
- Website: Tesla Financial
- Phone: 844-837-5285, available Monday to Friday, 8 a.m. to 5 p.m. CT
- Mailing Address for Lease Payments:
Tesla Financial
P.O. Box 733080
Dallas, TX 75373-3080
(Include your account number on the check.) - Lienholder for Insurance: Tesla Financial, P.O. Box 733080, Dallas, TX 75373-3080