- The base AWD Cybertruck can be now leased for as low as $987 with no downpayment.
- Leasing a Cyberbeast without a downpayment now costs $1,232 per month for 36 months.
- Cybertruck Foundation Series buyers now get a free vinyl wrap as Tesla moves inventory.
Tesla has once again lowered the cost to lease a Cybertruck in the States, the second significant price cut in just two months, as it looks to clear out existing inventory of its electric pickup. And if you’re in the market for one of the Foundation Series models, Tesla is now sweetening the deal with a free exterior wrap.
Lower Leasing Costs (Again)
First, let’s start with leasing. Back in November, Tesla debuted a lease option for the Cybertruck, starting at $999 per month with a $7,500 downpayment for the entry-level All-Wheel Drive variant. A month later, that dropped to $899, while the high-performance Cyberbeast became available for $999 per month with the same upfront cost. Now, Tesla has slashed the All-Wheel Drive lease price even further to $749 per month, though the Cyberbeast’s rate has inched up by—brace yourself—a whole dollar, now sitting at an even $1,000.
Read: Tesla Cybertruck Burned And Covered In Graffiti In LA
We strongly advise against signing a lease with a downpayment—why hand over a pile of cash upfront when you don’t have to and risk losing it if something happens to your vehicle? Luckily, Tesla lets buyers adjust or even skip the downpayment entirely.
The default lease for a base Cybertruck runs $749 per month for 36 months with $7,500 down, which effectively works out to $957 per month when you factor in that initial payment. Opt to skip the downpayment, and you’re looking at $987 per month instead. It’s a bit more per month, but at least you won’t be out thousands if the truck gets stolen or totaled.
If you want to drive around in the flagship Cyberbeast without making any downpayment, you’d better be prepared to part ways with $1,232 per month for 36 months before taxes and excluding delivery fees.
Free Wraps For Foundation Series
Along with the lease price cuts, Tesla has also confirmed that newly purchased Foundation Series Cybertrucks now come with a free vinyl wrap, worth $6,000 at participating centers. Tesla has been struggling to sell all of the early production models, which likely explains the extra incentive. In fact, reports from December revealed that Tesla even started buffing off the “Foundation Series” etching from unsold trucks, allowing them to be rebranded as standard Cybertrucks—knocking a cool $20,000 off the price in the process.
