First Tesla Model Y Juniper Lease Costs $800/mo: Tesla has unveiled the Model Y “Juniper,” a refreshed version of its popular electric SUV. This latest version features significant design updates, improved performance, and advanced technology, aiming to solidify Tesla’s position in the competitive electric vehicle market.
Overview of Tesla Model Y Juniper
The Model Y Juniper sports a modernized exterior with a redesigned front fascia incorporating a slim LED marker light reminiscent of the Cybertruck. The vehicle also features new wheel designs available in 19- and 20-inch options, flush-fitting door handles, and a new blue paint option. These updates contribute to an improved drag coefficient of 0.22 Cx, improving both efficiency and aesthetics
Tesla Model Y Juniper Lease Deals
The rumored refreshed Tesla Model Y, unveiled this week, is now available for lease. The 2025 Tesla Model Y, often referred to by its codename “Juniper,” starts at just $699 per month. However, our analysis revealed that this vehicle could be quite difficult to lease compared to the previous electric model.
The 2025 Tesla Model Y Launch Series is priced at $699 for 36 months, with a $4,393 payment due at signing. The initial payment includes a $2,999 down payment, a $699 first month’s payment, and a $695 acquisition fee, considering 10,000 miles per year. We estimate a monthly effective cost of $821 per month.
According to Tesla’s fine print, leasing the first Model Y Juniper includes a $7,500 incentive, likely reflecting the Commercial Clean Vehicle Credit that nearly every other EV manufacturer offers as cash for leasing. If you buy the new Model Y, Tesla says the EV qualifies for a $7,500 federal tax credit.
Read More: Which EVs Are Eligible for $7500 Tax Credit?
Tesla Model Y Juniper Lease Details
Tesla’s lease program for the Model Y Juniper starts at $699 per month for a 36-month term, with a $4,393 down payment due at signing. This initial cost includes a $2,999 down payment, the first month’s payment, and a $695 acquisition fee. The lease is based on a 10,000-mile annual mileage limit.
While the base lease payment may seem competitive, the effective monthly cost, including all fees, is approximately $821. This makes the Model Y Juniper a premium option compared to other electric vehicles in its class.
Things to Consider While Leasing a Tesla Model Y Juniper
Federal Incentives: The lease includes a $7,500 incentive, which reflects the Clean Commercial Vehicle Credit. This may make the lease more attractive for those seeking to benefit from federal tax credits.
Comparative Costs: Despite its advanced features, the Model Y Juniper lease cost is higher than some competitors, such as the Acura ZDX A-Spec and the Kia EV9 Wind. Prospective lessees should compare the Model Y’s unique offerings with these alternatives.
Customization and Features: Tesla’s lease program allows for customizable payment options and mileage limits, offering flexibility for different needs.
Read Also: Things Need to Know Before Leasing a EV
Performance and Range
The Model Y Juniper is available in rear-wheel drive (RWD) and all-wheel drive (AWD) versions. The rear-wheel drive (RWD) model features a single 220 kW (295 hp) rear motor, providing 0-100 km/h (0-62 mph) acceleration in 5.9 seconds and a range of up to 593 km (366 mi) in CLTC conditions.
The all-wheel drive (AWD) version features dual motors with a combined output of 331 kW (444 hp), providing 0-100 km/h (0-62 mph) acceleration in 4.3 seconds and a range of up to 719 km (444 mi) in CLTC conditions.
Pricing and Availability
At $821 per month, we consider the Model Y Juniper a poor choice given its manufacturer’s suggested retail price (MSRP) of $61,380, including destination charges. That’s nearly double the price of Acura’s best lease offer for the all-electric ZDX A-Spec. Its list price is $299 for 24 months, with a $2,999 due at signing if you’re leasing through another Acura company or a competitor.
While the ZDX is almost $4,500 more expensive on paper, it’s $397 cheaper per month to lease. At that price—available in California and other ZEV states—the 2024 Acura ZDX is a steal. As we recently reported, it’s only $5 more expensive than the cheapest 2025 Honda CR-V and $51 less than the CR-V Hybrid.
Compared to the “old” Model Y—which is still available for purchase—the Juniper remains a poor option. Tesla’s website indicates that the Model Y Long Range, before the update, costs $514 for 36 months, with a cost of $4,208 at contract signing or $630 per month. This is based on an all-wheel-drive model and the $8,000 Full Self-Driving option, which comes standard on the Juniper.
The Juniper costs $191 more per month than the previous model. Other EVs with a cheaper lease than the Model Y Juniper include the 2024 Kia EV9 Wind (MSRP: $65,395, cash cost: $607/month), the 2024 Jeep Wagoneer S Launch Edition ($71,995, $807/month), and the 2025 Genesis GV70 Advanced ($66,200, $689/month).
Leasing Options
While specific leasing programs for the Model Y Juniper have not been detailed, Tesla has historically offered competitive leasing options to make its vehicles more affordable. For example, in late 2024, Tesla reduced the Model Y lease price to $299 per month, aligning it with the Model 3, despite the Model Y’s higher purchase price.
Prospective lessees are encouraged to check Tesla’s official website or contact their local dealerships for the most up-to-date leasing information and availability in their region.
Key Takeaways
Leasing the Tesla Model Y Juniper is an excellent option for those who prioritize innovation, sustainability, and luxury. However, it’s critical to carefully evaluate the total cost of leasing and compare it with other options on the market. Thanks to its advanced technology and federal incentives, the Model Y Juniper remains a strong contender in the electric vehicle segment.
