Comparison
Tesla Rent-to-Own vs leasing vs financing vs renting
Four ways to drive a Tesla for years. Three of them need great credit, charge fees on top of the payment, or leave you with no car at the end. One of them does none of that.
Leasing, financing and rental-company terms describe typical U.S. market practice and vary by provider.
| TeslaRented | Leasing | Financing | Rental companies | |
|---|---|---|---|---|
| No credit check | Yes | No | No | Yes |
| No income verification | Yes | No | No | Yes |
| You own the car at the end | Yes | No | After paying years of interest | No |
| Maintenance, scheduled service, brakes and tires included | Yes | No | No | Yes |
| Replacement car if yours is in the shop, no charge for downtime | Yes | No | No | Sometimes |
| No interest or APR | Yes | No | No | Yes |
| No hidden fees | Yes | Acquisition, disposition, wear-and-tear | Doc fees, add-ons, markups | Airport, one-way, extra-driver, under-25 |
| Free delivery to your door | Yes | No | No | No |
| Leave anytime with no early-termination penalty | Yes | No | No | Yes |
| Not reported as debt, no repossession on your credit | Yes | No | No | Yes |
| Uber and Lyft allowed | Yes | Usually prohibited | Yes | Usually prohibited |
| Choose your mileage plan, from 1,000 miles a month | Yes | 10–15k a year, overage fees | Yes | Often capped |
| Registration, plates and title work handled for you | Yes | No | No | Yes |
| Payment locked for the whole term | Yes | Yes | Yes | Rates change |
| Manufacturer warranty transfers to you at title | Yes | No | Yes | No |
Leasing, financing and rental-company terms describe typical U.S. market practice and vary by provider.
The downsides, side by side
What the other three cost you
Leasing
- ✕Hard credit pull; most approvals need a prime score
- ✕Down payment plus acquisition fee at signing
- ✕Disposition fee and wear-and-tear charges at the end
- ✕10,000–15,000 miles a year, then overage fees
- ✕Early-termination fees if life changes
- ✕You hand the car back with nothing
Financing
- ✕Hard credit pull; your APR depends on your score
- ✕Interest adds thousands over a 5–7 year loan
- ✕Negative equity if you need out early
- ✕Reported as debt, lowering your borrowing power
- ✕Dealer doc fees, add-ons and markups
- ✕Repossession risk if a payment slips
Rental companies
- ✕Priced by the day, so a month costs far more than a Rent-to-Own payment
- ✕Airport, one-way, extra-driver and under-25 fees on top
- ✕Mileage caps on long-term rentals
- ✕Rideshare use usually prohibited
- ✕Large holds on your card at every pickup
- ✕Never a path to owning the car
What TeslaRented gives you instead
Everything included, nothing hidden
No credit check
No application, no score, no cosigner. Everyone qualifies.
Free delivery
To your door anywhere in the continental U.S. No pickup lot.
Maintenance included
Scheduled service, brakes and tires from normal wear are covered. You pay nothing extra to keep the car running.
Backup car
If your Tesla needs a repair, we repair or replace it within two business days and you are not charged for the downtime.
No interest, ever
A flat biweekly payment. Nothing compounds, nothing balloons.
No hidden fees
No acquisition, disposition, doc, dealer or convenience fees.
Title in your name
After 48 months of payments the car is yours, with any remaining manufacturer warranty transferred to you.
Paperwork handled
Registration, plates and title work stay with us during the term.
Pick your miles
Plans from 1,000 miles a month. Drive more, pick a bigger plan.
Leave anytime
Return the car and the agreement ends. No early-termination penalty.
Uber and Lyft OK
Rideshare and delivery driving are allowed on every agreement.
Text-message support
A real person on the other end, Monday through Saturday.
Want the numbers for your situation? Pick a model and mileage plan in the calculator →
Rent-to-own pricing
What the Rent-to-Own column actually costs
| Model | First payment | Then biweekly from | That is per day | Title after |
|---|---|---|---|---|
| Tesla Model 34+ available | $3,000 | $790 | ≈ $56/day | 48 months |
| Tesla Model Y7+ available | $4,000 | $890 | ≈ $64/day | 48 months |
| Tesla Model S2+ available | $5,000 | $1,290 | ≈ $92/day | 48 months |
| Tesla Model X3+ available | $5,000 | $1,390 | ≈ $99/day | 48 months |
Each row is the lowest-priced car of that model listed right now, on the 1,000 miles/month plan, with that car's own first payment. Every car shows its own price on the inventory page.
Comparison FAQs
Skip the credit check
Pick a Tesla, make the first payment, and we deliver it free.