Tesla Model 3 Leasing

The Rear-Wheel Drive entry trim suits drivers prioritising the lowest monthly cost and predominantly urban or commuter mileage, with 332 miles of WLTP range. The Premium Long Range RWD is the sweet spot for high-mileage business users, delivering up to 466 miles WLTP from a single charge, the longest of any Model 3. The Premium Long Range AWD adds dual-motor traction for year-round confidence in poor weather, with 410 miles WLTP and 0 to 60mph in 4.2 seconds. The Performance AWD is for drivers who want supercar-quick acceleration (0 to 60mph in 2.9 seconds) in a four-door saloon body. IVF can talk through which trim aligns with your annual mileage on 01752 429950.

Charging at home on a standard variable tariff costs approximately 4 to 5 pence per mile. A dedicated EV tariff overnight can bring this below 2 pence per mile, compared to 12 to 15 pence per mile for fuel in a petrol equivalent. Public DC rapid charging on the Tesla Supercharger network costs more per kWh than home charging but is significantly faster: the Premium Long Range and Performance variants accept up to 250kW DC (the Rear-Wheel Drive accepts up to 170kW), adding around 175 miles of range in 15 minutes at a V3 or V4 Supercharger.

All three are premium electric company cars in the 4% Benefit-in-Kind band for 2026/27. The Tesla Model 3 Premium Long Range RWD leads on headline range, at up to 466 miles WLTP, and on rapid-charging speed, accepting up to 250kW with access to the Supercharger network. The BMW i4 offers a more traditional cabin and a fastback body with up to 365 miles, while the Polestar 2 offers up to 409 miles, the longest range of the three on paper. The right choice depends on your mileage, cabin preference and charging habits. IVF can quote any of these models so you can compare monthly costs side by side.

Yes, and we recommend it. A dedicated 7kW wallbox typically pays for itself quickly through cheaper overnight charging and is materially more convenient than relying on public chargers. IVF can point you to suitable home charging providers, although the installation contract is arranged directly between you and the installer. For business buyers, your accountant can advise on capital allowance treatment for the charger installation.

An IVF Tesla Model 3 lease covers the use of the vehicle for the agreed term and mileage. Optional maintenance packages covering servicing, parts and labour are available at additional monthly cost. Tyres, insurance, charging costs and any non-service items are handled separately by you. Tesla service intervals are notably less frequent than for petrol or diesel equivalents because EV powertrains have far fewer moving parts. Most servicing on a Model 3 lease is condition-based rather than scheduled.

WLTP figures are laboratory ratings and real-world range is usually lower, particularly on the motorway and in cold weather. As a realistic guide, a Premium Long Range RWD rated at up to 466 miles WLTP will commonly return somewhere in the region of 330 to 380 real-world miles in mixed UK driving, more in town and less at sustained high motorway speeds. The Model 3 is one of the most efficient cars in its class, so it tends to hold up better than rivals in everyday conditions. Your own figure will depend on wheel size, driving style, load, weather and how much motorway you cover.

Yes. For the 2026/27 tax year, the Model 3 attracts a 4% Benefit-in-Kind rate. A 40% higher-rate taxpayer leasing a Premium Long Range RWD with a P11D value of approximately £44,925 will pay around £60 per month in company car tax. An equivalent diesel executive saloon at the 37% BiK band would attract roughly £550 per month for the same driver, close to ten times more. Tesla's Supercharger network, low servicing requirements and over-the-air updates also reduce the total cost of ownership for fleet and SME use. IVF arranges Business Contract Hire across the full Model 3 range.