Personal Contract Purchase - Model S

A Personal Contract Purchase arrangement through Tesla Financial Services, allows customers the benefits of ownership with the flexibility of having options at the end of the contract. Customers may purchase the vehicle for the Guaranteed Minimum Future Value (GMFV), re-finance the Guaranteed Minimum Future Value to take full ownership, trade-in their vehicle and use any equity as a deposit towards a new Tesla, or simply return the vehicle back to Tesla! Customers may apply for a PCP through the Design Studio from 24 to 48 months and from 10,000 to 24,000 miles per year.

Representative Example

Tesla Model S 75 - PCP Representative Example
48 fixed monthly payments of £479.67
On-the-road cash price £61,880
Customer deposit £11,000
Total amount of credit £50,880
Optional Final Payment £30,331
Interest charges £2,475.16
Fixed rate of interest per year 1.48%
Length of agreement 48 months
Total amount payable £64,355.16
Option to Purchase Fee £10
Representative APR 1.5%
Mileage per annum 10,000
Excess mileage charge per mile (Excluding VAT) £0.07

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