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Tesla Introduces $6,500 Lease Credit & New Financing to Offset Expired EV Tax Credit

By
John Doe
Published on:  
October 2, 2025
Updated on:  
November 13, 2025
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Introduction
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The Context

In response to the expiration of the $7,500 U.S. federal EV tax credit on September 30, 2025, Tesla has introduced new incentives to keep vehicles affordable for buyers and lease customers.

  • A $6,500 lease credit is now available for customers who choose to lease.
  • Tesla has also rolled out new financing options for those who prefer to purchase rather than lease.

These updates are designed to soften the impact of losing the tax credit and keep both leasing and financing competitive.

What Changed & Why Tesla Did It

  • Federal EV credit expired: The $7,500 federal incentive officially ended in September 2025.
  • Tesla’s workaround: A $6,500 lease credit reduces lease payments and helps compensate for the lost tax credit.
  • Financing flexibility: Tesla now offers enhanced financing options to give buyers more control over costs in a post-incentive market.

How the $6,500 Lease Credit Works

  • The credit is built directly into your lease payments—you won’t see it listed as a separate discount.
  • It effectively lowers your monthly cost, making leasing more attractive.
  • Eligibility may vary depending on vehicle model or lease structure, so always confirm before ordering.
  • Tesla may update or end this offer at any time; check live terms before finalizing your order.

How to Stack This With Tesla Referral Benefits

Referral rewards can be stacked on top of Tesla’s new lease credit and financing incentives:

  1. Always use a referral link (such as from ReferATesla.ca) before placing your lease or purchase order.
  2. Referral benefits are not replaced by the lease credit — you still get Tesla Credits or a 3-month Full Self-Driving (Supervised) trial.
  3. Lease customers can enjoy the $6,500 credit + referral perks together.
  4. Buyers can stack referral benefits on top of Tesla’s updated financing programs.

Lease vs. Purchase: What’s Best Now?

Lease with $6,500 Credit

Pros:

  • Lower monthly payments
  • Built-in $6,500 credit
  • Flexibility at the end of the term

Cons:

  • You don’t own the vehicle
  • The credit ends when the lease ends

Purchase with New Financing

Pros:

  • Build long-term equity
  • Full ownership
  • Compatible with referral rewards

Cons:

  • Higher upfront or monthly payments
  • No access to the $6,500 lease-only credit

Choosing between leasing and purchasing depends on your long-term goals, driving habits, and how much flexibility you want.

Real-World Example

Imagine leasing a Model Y:

  • Your lease payments already include the $6,500 credit, reducing the cost immediately.
  • You also apply a referral link, unlocking Tesla Credits or a 3-month FSD trial.
  • Combined, this gives you lower monthly payments + extra referral perks — a strong dual benefit for new buyers.

Final Thoughts

Tesla’s $6,500 lease credit and enhanced financing options are strategic tools to keep EVs accessible after the federal tax credit expired.

But remember — referral rewards stack on top of these incentives. Whether leasing or buying, always start with a referral link from ReferATesla.ca to maximize your savings and perks.

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