The Tesla Cybertruck has captured global attention since its dramatic unveiling, combining futuristic design with Tesla’s EV innovation. But many potential buyers have hesitated due to its price point. Now, Tesla has introduced a limited-time lease offer starting at just $699/month, making the Cybertruck more accessible than ever.
For fans who dreamed of owning the bold, stainless-steel pickup, this leasing option provides an affordable way to drive one without committing to the full purchase price.
In this article, we’ll cover:
- How the $699/month Cybertruck lease works
- Who qualifies and what’s included
- Why Tesla is offering this promotion now
- The financial benefits of leasing vs. buying
- How to secure the deal before it ends
Tesla Cybertruck: A Game-Changer in Electric Pickups
Design That Turns Heads
The Cybertruck’s angular stainless-steel body and armored glass make it unlike any pickup on the market.
Performance Highlights
- Range: Up to 340 miles (varies by trim)
- Acceleration: 0–60 mph in as little as 2.6 seconds (Cyberbeast model)
- Towing capacity: Up to 11,000 lbs
- Payload: ~2,500 lbs
- All-wheel drive standard on dual and tri-motor versions
Why Leasing Matters
With lease pricing starting at $699/month, Tesla is giving more drivers the chance to experience the Cybertruck’s futuristic power without a six-figure purchase commitment.
Understanding the $699/Month Cybertruck Lease
What Does the Lease Include?
The Cybertruck lease works like most auto leases:
- Monthly payment: Starting at $699/month
- Lease term: Typically 36 months (varies by region)
- Mileage allowance: Usually 10,000–12,000 miles/year (extra fees if exceeded)
- Upfront costs: First month’s payment, possible down payment, registration, and fees
Which Cybertruck Trim Qualifies?
The lease pricing is usually based on the base Cybertruck trim. Higher-performance versions (like the Cyberbeast) will have higher monthly rates.
Example Breakdown
- Cybertruck Base MSRP: ~$61,000
- 36-month lease
- $699/month + standard fees
- Total over 3 years: ~$25,000 before taxes/fees
Compared to buying outright, leasing provides lower upfront costs and flexibility.
Why Tesla Is Offering This Limited-Time Lease
Tesla frequently uses promotions and time-sensitive offers to drive demand.
Possible Reasons for the $699 Lease Deal
- Boost Cybertruck deliveries as production scales.
- Make the Cybertruck more accessible to everyday drivers.
- Stay competitive in the EV truck segment (Ford F-150 Lightning, Rivian R1T, GMC Hummer EV).
- Build brand loyalty by putting more Cybertrucks on the road.
This strategy mirrors Tesla’s past promotions like 0% APR financing for Model 3 or $7,500 EV tax credit pushes.
Financial Benefits of Leasing the Cybertruck
Lower Monthly Payments
Leasing allows you to drive a Cybertruck at a much lower cost compared to loan financing.
- Lease: $699/month
- Loan (5% APR, 60 months on $61,000): ~$1,150/month
That’s a savings of over $450/month.
No Long-Term Commitment
At the end of the lease, you can:
- Return the Cybertruck
- Lease a new Tesla model
- Buy the Cybertruck (if Tesla offers purchase options)
Avoiding Depreciation Risk
Cybertrucks are in high demand, but EVs can depreciate quickly. Leasing shifts that risk to Tesla, not you.
Who Can Qualify for the Cybertruck Lease?
Eligibility usually depends on:
- Credit score: Tesla’s financing partners typically require good to excellent credit.
- Residency: U.S. customers in supported states.
- Income verification: Proof of ability to make payments.
How to Lease the Cybertruck for $699/Month
Step-by-Step Guide
- Go to Tesla’s website or Tesla app.
- Configure a Cybertruck and select the lease option.
- Apply for Tesla financing to check eligibility.
- Confirm monthly payment (starting at $699/month).
- Place your order and schedule delivery.
Tesla may require an order deposit (often $250, non-refundable).
Things to Consider Before Leasing
Pros of Leasing a Cybertruck
- Affordable entry point ($699/month).
- Drive Tesla’s newest vehicle with cutting-edge features.
- Avoid long-term depreciation risks.
- Flexibility to upgrade to newer Tesla models later.
Cons of Leasing a Cybertruck
- Limited mileage allowance (extra fees for exceeding).
- No ownership at the end unless purchase option is offered.
- Lease offers are time-limited and may change after Sept 1.
Comparison: Leasing vs. Buying a Cybertruck
| Factor | Leasing ($699/mo) | Buying (~$61,000) |
|---|---|---|
| Monthly Payment | Lower ($699) | Higher (~$1,100–$1,200) |
| Upfront Costs | First payment + fees | Down payment + taxes |
| Ownership | No (return at lease end) | Yes (you own the truck) |
| Depreciation Risk | Tesla’s responsibility | Buyer’s responsibility |
| Flexibility | Easy upgrade every 3 years | Long-term commitment |
Limited-Time Nature of the Deal
The $699/month Cybertruck lease is only available for a short period. Tesla has not specified an exact end date, but like previous promotions, it may last only a few weeks or until delivery slots fill up.
If you’re serious about driving a Cybertruck, it’s best to act quickly before Tesla adjusts pricing or ends the offer.
FAQs: Cybertruck Lease From $699/Month
1. How long is the Cybertruck lease promotion available?
It’s a limited-time offer. Tesla typically runs promotions until a specific date or until production slots are filled.
2. Is $699/month available on all Cybertruck trims?
No. The offer usually applies to the base model. Higher trims will have higher lease payments.
3. What’s included in the monthly lease price?
The $699/month covers the vehicle lease. Taxes, fees, and insurance are additional.
4. Can I buy the Cybertruck after my lease ends?
Tesla lease terms vary. In the past, some Tesla leases didn’t allow buyouts, so check before signing.
5. Do I still get Tesla features like Autopilot and OTA updates?
Yes. All leased Cybertrucks include standard Autopilot and receive over-the-air software updates.
Conclusion: Act Now Before the $699 Lease Ends
The Tesla Cybertruck lease from $699/month is one of the most compelling promotions Tesla has introduced. It lowers the barrier to driving one of the most anticipated vehicles of the decade, offering affordability, flexibility, and cutting-edge technology.
But this offer is time-sensitive. Once the promotion ends, monthly lease rates could rise significantly.
If you’ve been waiting for the right moment to drive the Cybertruck, this is it. Secure your lease today, lock in $699/month payments, and experience the future of trucks with Tesla.
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