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Used Tesla on Finance

Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

Financing a Tesla

Interested in getting a used Tesla with finance in the UK? Here's a straightforward guide to help you out.

Quick Guide: Financing a Used Tesla Car in the UK

Why Tesla?

  • Tesla is a pioneer in electric vehicles.
  • They offer impressive range, tech-filled interiors, and powerful acceleration.
  • Autopilot and Full-Self Driving options make for an enhanced driving experience.

Starting Your Tesla Search:

  • Visit official Tesla showrooms and their website for 'Used Inventory'.
  • Check out online car sales platforms for available options.
  • Considering a private sale? Ensure the Tesla is thoroughly inspected beforehand.

Popular Tesla Models in the UK:

  1. Model 3 - A more affordable option with impressive range and speed.
  2. Model S - Luxurious sedan with remarkable acceleration and premium features.
  3. Model X - An electric SUV with unique falcon-wing doors.
  4. Model Y - A versatile SUV combining space with performance.

Common Financing Options:

  1. PCP (Personal Contract Purchase): After an initial deposit, you make monthly payments. At the end, return, keep, or trade-in the Tesla.
  2. HP (Hire Purchase): Pay a deposit followed by monthly instalments, and the Tesla is yours once all payments are complete.
  3. Leasing: Essentially renting the Tesla; you won't own the car once the contract ends.

Your Credit Score:

  • A good credit score could land you a more favourable financing deal.

Setting a Budget:

  • Decide on a deposit amount and monthly payments you're comfortable with.
  • Remember to factor in charging costs, insurance, and potential maintenance.

Before Finalising:

  • Review the Tesla's service and update history.
  • Verify the car's mileage.
  • Read through the financing agreement to avoid unexpected terms.

Haggling Tips:

  • Be informed about the typical price of the Tesla model you're eyeing.
  • Discuss points like the car's age, condition, and mileage to negotiate.
  • Be upfront about your financing expectations.

Armed with this guide, you're ready to delve into the exciting world of Tesla car financing in the UK. Happy driving!

About Tesla

Known for its cutting-edge technology and commitment to sustainable transportation, Tesla has truly revolutionised the automotive industry. Led by the iconic Elon Musk, Tesla has not just introduced electric vehicles (EVs) but has redefined what consumers expect from them. In the UK, Tesla's rise mirrors its global trajectory, with increasing acceptance and admiration for its high-performance electric cars.

Key Features and Specifications

  • Superior Performance: Despite being fully electric, Tesla cars compete with, and often outperform, top-end traditional combustion-engine cars in terms of acceleration and speed.
  • Extended Range: Range anxiety has been a significant concern for EV adopters. Tesla addresses this with battery technologies that offer impressive ranges, often exceeding those of many competing electric cars.
  • Autopilot and Self-Driving: Tesla's advancements in autonomous driving and its Autopilot system showcase its commitment to both safety and technological innovation.
  • Over-the-Air Updates: One of Tesla's unique offerings is its ability to improve and update car software remotely, ensuring vehicles remain up-to-date with the latest features and performance enhancements.

Popular Models in the UK

Several Tesla models have captured the attention of the UK market:

  • Tesla Model 3: An all-electric sedan, the Model 3 brings Tesla's signature features to a more affordable price point, making it one of the brand's best sellers worldwide.
  • Tesla Model S: This luxury sedan boasts incredible acceleration, range, and a suite of innovative features, firmly placing it among the elite in electric transportation.
  • Tesla Model X: As a high-performance SUV, the Model X offers roominess along with distinctive features like its falcon-wing doors.
  • Tesla Model Y: Building on the success of the Model 3, the Model Y is a compact SUV that combines versatility with Tesla's renowned performance and range.

In a world increasingly pivoting towards sustainable solutions, Tesla's blend of performance, luxury, and eco-consciousness makes it a top contender in the UK's automotive landscape.

Tesla Data

Find out which Tesla vehicles are most popular, their average price, age and mileage and recent sales.

ModelStockAvg PriceAvg AgeAvg MileageRecent Sales
All Tesla1,251£37,334437,0773,415
Model 3876£27,476335,7132,725
Model S141£33,762552,824183
Model X133£46,713545,884170
Model Y101£41,385113,887337
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