You make a first payment, then biweekly payments for 48 months. Every payment moves you closer to ownership. After your final payment, we transfer the title to you within 14 business days.
No. We don't pull credit and there's no qualification process — no income verification, no application scoring. The program is open to any licensed driver who can insure a Tesla.
No. Because this is a rental agreement with a path to ownership — not a loan — payments don't get reported as a liability to the credit bureaus.
Yes. You can exit the program at any time by returning the vehicle. Any payments already made do not carry over, but there are no termination fees for ending the agreement.
The title is transferred to you within 14 business days after you complete the 48-month term and your final payment clears.
Yes. You must carry full coverage insurance on the vehicle and list EK Rentals, Inc. as an interested party / additional insured for the duration of the agreement.
There is a 5-day grace period on every payment. Continued non-payment after that window requires the vehicle to be returned, and the agreement ends.
You are responsible for all tickets, tolls, and Supercharging fees. Tickets and tolls must be paid within 5 days. We keep a card on file to automatically charge Supercharging usage.
Everyone. Any licensed driver in the United States who can insure a Tesla is eligible — no credit check, no income requirement, no qualification process. We deliver nationwide at no cost.
right now, only San Francisco and Los Angeles
Model 3, Model Y, Model S, and Model X. Specific trim availability rotates — see Our Teslas for current inventory and biweekly pricing per vehicle.