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Tesla offers 0% finance on Model 3 and Model Y: prices from £262 a month

by Morris
July 15, 2024
in Motoring
Reading Time: 3 mins read
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Tesla offers 0% finance on Model 3 and Model Y: prices from £262 a month

The Tesla Model 3 and Tesla Model Y are both now available with 0% finance as part of efforts to boost sales of the American electric cars.

The PCP deal is open to anyone who orders a Tesla Model 3 or Model Y now, and takes delivery before 30 September 2024.

It means a new Tesla Model 3 can be yours from a competitive £262 a month – provided you have £11,800, or 30 percent of the overall £39,990 price – to use as a down payment.

The Tesla 0% finance offer is a four-year deal, with owners able to cover 10,000 miles a year.

At the end of the four-year term, there is an optional final payment of £15,596. Alternatively, owners can finance the balance or – as most PCP car buyers do – use any equity in the car to put towards a new PCP deal.  

The Tesla Model 3, which has recently been facelifted, starts from £39,990 in standard range rear-wheel drive guise. It has a range of 318 miles. The Model 3 Long Range all-wheel drive Model 3, which costs £49,990, has a 390-mile range.

Tesla offers 0% finance on Model 3 and Model Y: prices from £262 a month

The more practical Tesla Model Y (pictured above) starts from £44,990, again in standard range rear-wheel drive guise. It has a range of 283 miles. The Model Y Long Range all-wheel drive, with a 331-mile range, costs £52,990.

As with all Teslas, prices are fixed and orders are placed online directly from the car company, rather than through a dealer. Customers can, however, inspect cars and take test drives at a Tesla Centre – where they can also choose to have their cars delivered.

Last year, the Tesla Model Y was the best-selling car in the world, but sales have tailed off since then.

The post Tesla offers 0% finance on Model 3 and Model Y: prices from £262 a month appeared first on Motoring Research.

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