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tesla-launches-financing-deal

Tesla is a US brand&nbsp;that revolutionised&nbsp;the car industry, putting <a href="https://www.whatcar.com/best/best-electric-cars-2022/n17000">electric cars</a> in the limelight&nbsp;for the first time – helped by the personality and profile of boss Elon Musk.

Today, Tesla has a broader&nbsp;line-up than ever, with the <a href="https://www.whatcar.com/tesla/model-3/saloon/review/n19010">Tesla Model 3</a> saloon&nbsp;and <a href="https://www.whatcar.com/tesla/model-y/hatchback/review/n23624">Tesla Model Y</a> SUV the company's cheapest models. For those with bigger budgets or a need for more space, there's the larger <a href="https://www.whatcar.com/tesla/model-s/hatchback/review/n150">Tesla Model S</a> saloon and <a href="https://www.whatcar.com/tesla/model-x/hatchback/review/n161">Tesla&nbsp;Model X</a> SUV.&nbsp;A&nbsp;new Roadster, complete with supercar-beating acceleration, is also in the works.

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TESLA

Tesla has launched its own hire purchase finance deal for its Model S. The company has said it will guarantee to buy back the car after three years at an agreed price.The company is confident that the Model S will hold its value, and so will guarantee to pay 50% of the purchase price after 37 months. It will also pay 43% of the value of any options added on top of the base £50,280 price. This includes the upgrade to the higher-powered 85kWh battery pack.With a 15% deposit, and a 5.9% APR interest rate, the monthly payments work out at £820. After 36 months the owner can sell the car back to Tesla at the agreed price, pay off the balance or keep paying at the same rate.

Customers will be able to pay a higher deposit if they wish, or increase the length of the term to up to 72 months.There is a 15,000-miles-a-year limit on the deal, and and an excess mileage fee of 17p per mile.The buy-back guarantee is available only in month 37.Tesla is to launch a finance calculator <a href="http://www.teslamotors.com/en_GB">on its website</a> on Monday.

Tesla has launched its own hire purchase finance deal for its Model S. The company has said it will guarantee to buy back the car after three years at an agreed price.

The company is confident that the Model S will hold its value, and so will guarantee to pay 50% of the purchase price after 37 months. It will also pay 43% of the value of any options added on top of the base £50,280 price. This includes the upgrade to the higher-powered 85kWh battery pack.With a 15% deposit, and a 5.9% APR interest rate, the monthly payments work out at £820. After 36 months the owner can sell the car back to Tesla at the agreed price, pay off the balance or keep paying at the same rate.Customers will be able to pay a higher deposit if they wish, or increase the length of the term to up to 72 months.There is a 15,000-miles-a-year limit on the deal, and and an excess mileage fee of 17p per mile.The buy-back guarantee is available only in month 37.Tesla is to launch a finance calculator <a href="http://www.teslamotors.com/en_GB">on its website</a> on Monday.