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Tesla Model 3 vs. FIAT 500e: The Shocking Lease Deal Comparison that You Can’t Miss

Tesla Model 3 vs. FIAT 500e: The Shocking Lease Deal Comparison that You Can’t Miss
Tesla Model 3 vs. FIAT 500e: Which Lease Deal Truly Electrifies?

The electric vehicle market is burgeoning, and making the right choice between models can be a bewildering experience. Today, we dissect why the Tesla Model 3 lease deal stands out head and shoulders above the FIAT 500e, despite the latter's lower MSRP. Buckle up as we go under the hood!

Price Tags and Lease Terms

The FIAT 500e's MSRP sits at $34,095, a significant $6,535 below Tesla Model 3's price tag of $40,630. Yet, when it comes to leasing, the Model 3 is surprisingly more pocket-friendly at $299 per month with $2,999 due at signing over 36 months, which computes to an effective cost of $382 a month. Meanwhile, the 500e asks for $414 monthly, resulting in a heftier effective cost of $520.

Tesla Model 3 FIAT 500e
Photo: Arin Waichulis

Range Anxiety? Not with Tesla

One cannot talk about EVs without mentioning range. Here, too, the Tesla Model 3 outshines the FIAT 500e. The Model 3 boasts a range of 272 miles compared to the 500e's humble 141 miles. This puts Tesla in a league of its own, especially when considering the ever-growing network of Tesla Superchargers available to Model 3 owners.

Tax Credits and Lease Cash Quirks

One of the most surprising twists in this comparison is the impact of lease cash offers and tax credits. The FIAT 500e, sadly, doesn’t qualify for the IRA tax credit. Stellantis Financial offers $7,500 in lease cash, whereas Chrysler Capital provides only $3,750. With such discrepancies, FIAT enthusiasts need to stay sharp to snag the best deal.

Stellantis-first-EV-US
2024 Fiat 500e (Source: Stellantis)

Practicalities vs. Aesthetics

If the practical advantages of the Tesla Model 3 aren’t enough, the FIAT 500e still holds a unique charm with its retro aesthetics, making it a favorite for those who prefer style over substance. Just be prepared to do some number-crunching and hustling for the best lease cash deals to bring that stylish dream to fruition.

Ultimately, when considering the practicalities, such as range, total monthly cost, and access to robust charging infrastructure, the Tesla Model 3 emerges as the clear lease deal winner. But if your heart is set on the vintage look of the FIAT 500e, ensure you navigate the financial quirks carefully to secure the best possible deal.

Curious about the Tesla Model 3? Find a dealer near you.

Interested in the FIAT 500e? Here’s where you can get one.

Frequently Asked Questions

The FIAT 500e's MSRP is $34,095, which is $6,535 lower than the Tesla Model 3's price tag of $40,630.

The Tesla Model 3 lease costs $299 per month with $2,999 due at signing over 36 months, while the FIAT 500e asks for $414 monthly.

The Tesla Model 3 has a range of 272 miles, significantly higher than the FIAT 500e's 141 miles.

Yes, the FIAT 500e does not qualify for the IRA tax credit, and Stellantis Financial offers $7,500 in lease cash compared to Chrysler Capital's $3,750.

The Tesla Model 3 offers a higher range, lower monthly cost, and access to a robust charging infrastructure, making it the clear lease deal winner in practical terms.
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