The Tesla Model Y is the most affordable crossover from the electric car maker, but it’s still a premium-priced vehicle that costs $ 49,990 in cash or about $ 699 per month on a standard 72-month loan. However, recently, Tesla has opened leasing options for the Model Y, which allows customers to lease the vehicle for 36 months at an affordable price of $ 499 per month.
The Y Dual Motor AWD model is quite a car for $ 499 per month. It is a fairly large and competent vehicle in its own right, with its cargo space of 68 cubic feet and its reach of 316 EPA miles per cargo. In true Tesla form, the Y Dual Motor AWD is no slouch, either, with a 0-60mph time in 4.8 seconds and a top speed of 135mph. That is well within the muscle car territory.
The Tesla Model Y is expected to be the best-selling vehicle in the company’s line due to its cross nature. Crosses, after all, are a particularly popular segment, and show no sign of decline. With this in mind, the Model Y, which fits perfectly with other popular crossovers on the market like the BMW X3, could become an ideal first EV for customers, especially those with families, but they are also performance-minded.
What is quite interesting is that today’s Model Y line only consists of the two most expensive versions of the vehicle. So far, Tesla only offers the Model Y as a dual-engine AWD vehicle. Plans are still underway to launch the all-electric crossover as a rear-wheel drive unit, with CEO Elon Musk recently claiming that Tesla will introduce a long-range RWD variant with more than 300 miles of range. The RWD Y model will probably be even more affordable than the AWD twin-engine option.
Like Model 3, it appears that the Model Y lease program does not allow customers to purchase Model Y at the end of the 36 month period. This could be quite inconvenient for some customers, as Teslas really retains its value in the second-hand market very well. That said, Tesla has noted when launching the Model 3 leasing program that vehicles that come out of the 36-month lease period are intended to be used for the company’s next Robotaxi fleet.
Using non-leasing vehicles for its Robotaxi network is actually a pretty good strategy for the electric car maker, considering the company would need a fleet of vehicles if it wants to launch a transportation service that can be competitive with the pillars. like Uber and Lyft. Of course, Tesla would have to master its Full Self Driving suite before it could launch such a service, but the company also appears to be optimistic about these prospects. Elon Musk, for example, has noted that he is quite optimistic about Tesla’s autopilot rewriting, which should speed up the improvement of the company’s driver assistance features.
