Tesla Changed Its Leasing Policies And Didn't Tell Anyone

Tesla's pricing jumps around quite a lot. In addition to the overall cost of the vehicle changing depending on the state (not Tesla's fault),several models in the brand's lineuphave beensubject to price increasesover the last few years (Tesla's fault). This then is another of those pricing changes. However, most consumers won't feel its effects immediately.

Instead, if you've leased aTesla Model Yor other, you'll feel that cash-centric change at the end of your lease. That's because you can no longer buy your Tesla after its lease is up. Bummer, dude.

The news comes straight from Tesla, only the brand didn't exactly go telling everyone. Instead, the change was simply made on the Tesla website.

Under a category titled "Purchase Your Tesla" a notice now reads "If you leased your vehicle before April 15, 2022, you may be eligible to purchase your leased Tesla. Review your lease agreement to see if you qualify." Below, the site states that all cars delivered on or after April 15, 2022 aren't eligible for purchase. Third-party dealerships and individuals are also not able to purchase leased Teslas. Moreover, a $350 purchase fee applies to cars delivered after April 13, 2019.

It's effectively an expansion on a policy shift from 2019. Back then, the brand said you couldn't buy yourTesla Model 3post-lease because the cars were going to be used as part of the brand's oft-forgotten autonomous rideshare initiative. Almost six years on, that still hasn't come to fruition for Tesla.