Better than buy-out? Tesla Pushes Self-Driving Rental Package: Monthly Rent Is No Less than $700

Tesla’s Autopilot is a world leader in intelligence and experience. But its nearly $30,000 price tag has also discouraged many consumers. And Tesla’s fully autonomous driving (FSD) comes as tesla introduces a more flexible leasing approach: Tesla will launch an FSD suite rental service by the end of 2020.

Tesla’s U.S. website currently has a price of $7,000 ($494,000) and will not be less than $100 a month for a rental service.

Better than buy-out? Tesla Pushes Self-Driving Rental Package: Monthly Rent Is No Less than $700

At the same time, Tesla has launched a purchase loan service for the FSD optional kit, which allows users to offer a 72-month installment at the time of purchase for as little as $97 a month. After the launch of the rental service, the FSD optional kit will cost no less than $100 per month, which is an increase over the average monthly cost of direct purchase.

Better than buy-out? Tesla Pushes Self-Driving Rental Package: Monthly Rent Is No Less than $700

But for short-term and new users, the rental service is more practical. But for long-term owners, a one-off buyout is more appropriate. However, it is worth noting that if you buy an FSD kit directly when you buy a car, the premium and taxes on the vehicle will rise simultaneously.

The FSD is Tesla’s fully self-driving optional feature, which is more advanced than the Autopilot feature in Tesla’s current installed app. It enables the need for automatic parking, automatic auxiliary lane change, identification of traffic lights and automatic response, and intelligent call to the parking lot.