Tesla Lease Mileage Allowance & Overage Fees
Tesla publishes its excess-mileage rate directly on its leasing support page.
Quick answer
How much is the Tesla lease overage fee? Tesla Finance publishes $0.25 per mile for miles over your contracted allowance, so 5,000 miles over costs $1,250. The rate in your own lease is the one that applies: Regulation M requires every US lease to state the excess-mileage charge.
Sources: Tesla Finance, Regulation M
What Tesla Finance says about excess mileage
“Any miles driven beyond the annual amount specified in your lease agreement may incur fees at a rate of $0.25 per mile.”
| Leasing company | Tesla Finance |
|---|---|
| Published excess-mileage rate | $0.25 per mile |
| Typical US allowance | 12,000 to 15,000 mi/yr (Federal Reserve) |
| Buying extra miles | In the app, up to 20,000 per purchase |
| Segment | EV |
What Tesla Finance publishes about your Tesla lease
Each item below is quoted from the lender's own website or lease-end documents and was re-checked on the date shown. Your contract governs where it differs.
Buying extra miles
Buying extra miles
If your lessor is Tesla Lease Trust, you may be able to buy additional mileage in the Tesla app.
“You may be eligible to purchase additional mileage if your lender is Tesla Lease Trust.”
Source: Tesla (checked 2026-10-21)
How many
You can buy up to 20,000 miles per transaction.
“Select the desired number of miles, up to 20,000 miles per transaction.”
Source: Tesla (checked 2026-10-21)
Deadline
Purchases must be made at least three months before the original lease maturity date.
“Purchases must be made at least three months prior to the original lease maturity date.”
Source: Tesla (checked 2026-10-21)
Exclusions
Certified Pre-Owned leases do not qualify, and a mileage purchase cannot be combined with a lease extension.
“Certified Pre-Owned vehicles do not qualify. ... Lease extensions cannot be combined with additional mileage purchases.”
Source: Tesla (checked 2026-10-21)
Buying the car at lease end
Buying the car
Tesla says you can purchase your leased vehicle at the end of the lease.
“You can purchase your leased vehicle at the end of the lease.”
Source: Tesla (checked 2026-10-21)
Lease-end steps
No lease transfers
Tesla lease transfers are not available after November 27, 2024.
“Lease transfers are not available after November 27, 2024.”
Source: Tesla (checked 2026-10-21)
Where your lease is
Your lease agreement is in the Documents section of the Tesla app.
“You can find a copy of your lease agreement in the ‘Documents’ section of your Tesla app along with other documents.”
Source: Tesla (checked 2026-10-21)
How to find the rate in your Tesla lease
Tesla Finance publishes $0.25 per mile, but the figure that binds you is the one in your own contract. Every US lease must carry an “Excessive Wear and Use” notice, and Regulation M (12 CFR 213.4(h)) requires that notice to “specify the amount or method for determining any charge for excess mileage.” Find that box in your Tesla lease paperwork: the per-mile figure printed there is your rate.
How to stay ahead of Tesla overage fees
- Find your mileage allowance and per-mile rate in your Tesla lease agreement, in the excess-mileage disclosure described above.
- Divide your total allowance by the number of months in your lease to get your monthly mileage budget.
- Log your odometer regularly and compare it to that budget so you spot a problem while small changes still matter.
- If you are trending over, check Tesla Finance's option for buying miles (in the app, up to 20,000 per purchase) against its turn-in rate.
- If you will exceed the limit anyway, compare paying the overage at turn-in against buying the car, which removes the excess-mileage charge where your lease has a purchase option.
Tesla Lease Mileage FAQ
Tesla Finance publishes $0.25 per mile. In its own words: "Any miles driven beyond the annual amount specified in your lease agreement may incur fees at a rate of $0.25 per mile." At that rate, going 5,000 miles over costs $1,250, and 10,000 miles over costs $2,500. Your lease contract states the rate that actually applies to you.
In your lease agreement. Under Regulation M (12 CFR 213.4(h)), a US lessor must disclose "the amount or method for determining any charge for excess mileage." Look for the "Excessive Wear and Use" notice in your contract: the excess-mileage charge is stated with it, and it overrides any figure you read online.
Your allowance is whatever you agreed to at signing, and it is printed on your lease. The Federal Reserve notes that 10,000, 12,000 and 15,000 miles a year are common and that you can negotiate other limits.
If your lessor is Tesla Lease Trust, you may be able to buy additional mileage in the Tesla app. You can buy up to 20,000 miles per transaction. Purchases must be made at least three months before the original lease maturity date. Certified Pre-Owned leases do not qualify, and a mileage purchase cannot be combined with a lease extension.
Track your odometer against your mileage budget (total allowance divided by lease months) and correct early, while you still have time to change how you drive. If you will go over anyway, compare the turn-in charge with buying the car: the Federal Reserve notes that if you purchase your leased vehicle at lease end you are not responsible for excess mileage charges. LeaseMiles tracks your pace automatically and warns you before you cross the line.
