Can you transfer a Tesla lease?

Generally no. Tesla Financial Services discontinued its lease transfer program effective November 27, 2024. Special exceptions may apply on a case-by-case basis (e.g., immediate family) but the open-market program is closed.

Tesla has not publicly explained the policy change. The discontinuation took effect November 27, 2024 and applies to all U.S. Tesla leases.

Tesla's options are unusually limited: (1) early buyout — purchase the car at the contractual buyout price; note that Tesla restricts third-party buyouts on many models, meaning even if you wanted to resell after buying, Tesla may not process the purchase via a third-party buyer, or (2) early termination — contact Tesla Financial Services for fees, which are typically substantial.

Tesla may consider family-member transfers on a case-by-case basis even with the open-market program discontinued. Contact Tesla Financial Services to ask about your specific situation.

Yes. Prior to the discontinuation, transfers were allowed with 13+ payments remaining, one transfer per VIN, a $150 application fee, a $500 transfer fee, and full credit approval of the incoming driver. The new lessee took the lease 'as-is' with no changes to monthly payment, residual, or term.