Tesla’s Cybertruck has been outselling rivals just like the Rivian R1T and Ford F-150 Lightning in latest months and now there are much more methods to get your hexagon truck on with lease offers introduced Friday.
First noticed by @SawyerMerritt on X, each trim of the Cybertruck is out there to lease for both 24 or 36 months with 10,000 to fifteen,000 annual miles. Leasing received’t be low-cost. Even excluding Tesla’s slick fuel financial savings that the model likes to throw in to make its automobiles costs look cheaper than they’re, it’s nonetheless costly.
You may play with the numbers on Tesla’s website, however utilizing @SawyerMerritt’s instance of both zero down or the EV tax credit score of $7,500 as a down cost, leasees received’t have the ability to get right into a Cybertruck for lower than $1,000 a month; that’s for a 36 month lease on a base Cybertruck with 10,000 annual miles. The costliest lease seems to be a 24 month time period on a Cyberbeast. With no cash down, you’re $1,715 a month.
How’s this examine to the Cybertruck’s opponents? A pair have Tesla beat. Remember, lease provides normally differ by space however are sometimes related. In my space as an illustration, Ford is providing a lease on a 2024 F-150 Lightning XLT for $509 a month for 36 months. That’s with $7,569 due at signing. Or you possibly can go $550 a month for 36 months on a Lightning XLT normal vary with simply $550 due at signing. And bear in mind, Ford is now throwing in a complementary house charger with set up.
Rivian has Tesla beat with R1T leases as nicely, however provided that you follow the usual and efficiency batteries. And Rivian solely provides leasing in sure areas. The most cost effective R1T I may discover was $619 a month for 36 months with 30,000 annual miles. The draw back is the excessive down cost of $8,694.
The one outlier is GM. Each the Chevy Silverado EV and GMC Sierra EV every have leases that value almost the identical because the Cybertruck; Silverado EV leases in my space weren’t cheaper than $794 a month on the RST. Sierra EV leases are sitting at a grand a month.
When you have deep sufficient pockets and don’t wanna undergo the effort of precise Cybertruck possession—coping with resale values and what not when that lease is up—this would possibly simply be a greater choice.
