Hire Purchase

Representative Example

Tesla can arrange competitive hire purchase programmes for private and business customers. You can simply contact your Tesla Sales Advisor or Delivery Specialist to complete a hire purchase application. We advise an early application to ensure appropriate finance is in place well before your delivery date.

Tesla Model S 75D - HP Representative Example
59 fixed monthly payments of £1,123
On-the-road cash price £70,100
Customer deposit £11,000
Total amount of credit £59,100
Final Payment £1,123
Option to Purchase Fee £10
Interest charges £7,341
Effective rate of interest per year 5.40%
Length of agreement in months 60
Total amount payable £78,358
Representative APR 5.40%
Tesla Model X 75D - HP Representative Example
59 fixed monthly payments of £1,257
On-the-road cash price £77,150
Customer deposit £11,000
Total amount of credit £66,150
Final Payment £1,257
Option to Purchase Fee £10
Interest charges £8,218
Effective rate of interest per year 5.40%
Length of agreement in months 60
Total amount payable £86,393
Representative APR 5.40%
Tesla Model S 75D - HP Representative Example
59 fixed monthly payments of £1,123
On-the-road cash price £70,100
Customer deposit £11,000
Total amount of credit £59,100
Final Payment £1,123
Option to Purchase Fee £10
Interest charges £7,341
Effective rate of interest per year 5.40%
Length of agreement in months 60
Total amount payable £78,358
Representative APR 5.40%
Tesla Model X 75D - HP Representative Example
59 fixed monthly payments of £1,257
On-the-road cash price £77,150
Customer deposit £11,000
Total amount of credit £66,150
Final Payment £1,257
Option to Purchase Fee £10
Interest charges £8,218
Effective rate of interest per year 5.40%
Length of agreement in months 60
Total amount payable £86,393
Representative APR 5.40%

Hire Purchase
Tesla Motors Limited is authorised and regulated by the Financial Conduct Authority for credit broking.  Firm registration number 677768.

Tesla Motors Limited acts as a credit broker and introduces customers to Black Horse Limited for Hire Purchase and Contract Purchase.

Tesla Motors Limited registered office and postal address is 197 Horton Road, West Drayton. UB7 8JD

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