How it works in Austin
1. Apply online
Fill out the short application. We reply with your terms in writing.
2. Pick your Tesla
Choose a Model 3 or Model Y that fits your budget.
3. Pick it up in Austin
Collect it at 12110 Menchaca Rd, Suite 202, Austin, TX 78748.
4. Own it after 48 months
Make every payment and the title is transferred to you. Return it earlier if your plans change.
Rent-to-own pricing
| Model | First payment | Every two weeks | Works out to | Title after |
|---|---|---|---|---|
| Tesla Model 3 | $5,000 | $650 | about $46 a day | 48 months |
| Tesla Model Y | $5,000 | $720 | about $51 a day | 48 months |
| Tesla Model S | Price pending, call for terms. | 48 months | ||
| Tesla Model X | Price pending, call for terms. | 48 months | ||
Per-day figures are the two-week payment divided by 14 and rounded. Taxes and fees, if any, are listed in your written terms.
Payment calculator
Pick a model and the month you might hand it back. The calculator shows what you would have paid by then, and the full cost to own, next to TeslaRented's public Austin prices.
Elektrica
First payment
Every two weeks
Paid if you return it at month :
Total to own after 48 months:
TeslaRented (public Austin price)
First payment
Every two weeks
Paid by month :
Total to own after 48 months:
- Tesla Model 3: $5,000 first payment plus $650 every two weeks is about $72,600 over 48 months to title. TeslaRented lists $3,000 down plus $790 every two weeks, about $85,160 over 48 months. That is about $12,560 less with Elektrica.
- Tesla Model Y: $5,000 first payment plus $720 every two weeks is about $79,880 over 48 months to title. TeslaRented lists $4,000 down plus $890 every two weeks, about $96,560 over 48 months. That is about $16,680 less with Elektrica.
- Tesla Model S: Price pending, call for terms. TeslaRented lists $5,000 down plus $1,290 every two weeks, about $139,160 over 48 months.
- Tesla Model X: Price pending, call for terms. TeslaRented lists $5,000 down plus $1,390 every two weeks, about $149,560 over 48 months.
TeslaRented figures are their published Austin rent-to-own prices (lowest listed car per model, 48 months), from https://www.teslarented.com/locations/austin-tx, captured November 2, 2026. Totals are the first payment plus 104 payments every two weeks.
Rent-to-own or lease-to-own?
Rent-to-own (this page)
- Return the car any time, no fixed contract
- Larger down payment up front (at least $5,000)
- Payments every two weeks
- Title after 48 months of payments
Lease-to-own
- Fixed contract of three to four years
- Terms set per car and per applicant
- Fixed monthly payment
- Title at the end of the term
Why our payments are lower
Every rent-to-own Tesla we offer has a rebuilt (previously salvage) Texas title. These cars were declared a total loss, then repaired in our own Austin shop, Complete Collision, and passed the state rebuilt inspection. Buying and repairing them ourselves costs less than buying clean-title cars, and we pass that difference on in the payment. A rebuilt title can affect resale value and some insurance options, so ask your insurer before you sign.
Charging in Austin
Austin has Tesla Superchargers across the city and many public chargers on other networks. To find the closest one, use the map in the car, Tesla's Supercharger map, or the U.S. Department of Energy's Alternative Fuels Data Center station locator. Most owners also charge overnight at home.
Ready to apply?
The application takes about five minutes. Prefer a fixed contract? See lease-to-own. Just need a Tesla for a few days? See Tesla rentals in Austin.