Current manufacturer rates · Ontario
Tesla Model Y finance & lease rates in Ontario
Current Tesla Canada finance and lease rates for all 3 2026 Model Y trims in Ontario. The lowest lease is the 2026 Tesla Model Y Rear-Wheel Drive at $815/mo for 48 months (5.494%); the lowest finance payment is $689/mo on the 2026 Tesla Model Y Rear-Wheel Drive (96 months at 5.31%), $0 down with HST and fees.
- Lowest lease
- $815/mo
- Lowest finance
- $689/mo
- Best finance APR
- 5.31%
- From MSRP
- $49,990
Tesla Model Y trims and payments
| Trim | MSRP | Lowest finance | Lowest lease |
|---|---|---|---|
| 2026 Rear-Wheel Drive | $49,990 | $689/mo · 5.31% · 96 mo | $815/mo · 5.494% · 48 mo |
| 2026 Premium All-Wheel Drive | $64,990 | $979/mo · 5.31% · 96 mo | $1,090/mo · 3.454% · 48 mo |
| 2026 Performance All-Wheel Drive | $74,990 | $1,124/mo · 5.31% · 96 mo | $1,317/mo · 4.498% · 48 mo |
Other Tesla models
Common questions
- What is the cheapest Tesla Model Y lease in Ontario?
- The 2026 Tesla Model Y Rear-Wheel Drive leases from $815/mo for 48 months at 5.494% with 16,000 km a year, with $0 down and HST included.
- What finance rate is Tesla offering on the Model Y?
- The lowest published finance rate is 5.31% APR, on the 2026 Tesla Model Y Rear-Wheel Drive and 2 other trims.
- How much does the Tesla Model Y cost in Ontario?
- MSRP ranges from $49,990 to $74,990 before freight, fees and HST.
Payments assume $0 down and include Ontario HST, freight/PDI and listed fees. Dealers set the final price.