Tesla has selected Plenti & Macquarie as Tesla Preferred Lenders to provide an industry leading, commission free finance product to Tesla owners. To be eligible for the Tesla finance product, applications must be submitted from within the Tesla Account and are subject to credit approval requirements.
Tesla does not currently work with any Preferred Leasing providers; however, you can nominate your own leasing provider via your Tesla Account.
You can submit a credit application with a Tesla Preferred Lender via your Tesla Account after placing your order. The lender will contact you if any further details are required and will notify you of any credit decisions. To progress your application efficiently, it is recommended you understand your credit card and mortgage liabilities. You may be asked to provide the following documentation:
Drivers Licence or Passport
Most recent pay slips and or bank statements
If self-employed, completed financials & accountant details
If a trust is involved, a certified copy of the Trust deed
Yes. To apply third party funding to your order, simply select Self Arranged Financing in your Tesla Account and provide:
The name and address of the funding institution
The exact dollar amount of your loan
Once a VIN is assigned, a copy of your Final Invoice will be made available in your Tesla Account share with your third-party funding institution, based on the above details.
For approved applicants where Tesla had received confirmation of approval amounts, their Tesla Account has been set to Self-Arranged Finance using the lender details and dollar amount of the loan as provided. Once a VIN is assigned, a copy of your Final Invoice will be made available in your Tesla Account for you to share with your third-party funding institution. To make changes to your invoice or lender selection please contact Tesla.
Applicants that were not yet approved, have had their payment method reset and can either apply with a current Tesla Preferred Lender or nominate any third party funding institution using the Self-Arranged Finance steps above.
Note: Tesla does not provide Final Invoices directly to third-party funding institutions.
You can apply any time after you place your vehicle order. Credit approvals with Tesla Preferred Lenders are valid for 90 days. To meet the delivery terms of your order agreement, Tesla recommend you apply for credit once a VIN is assigned to your order.
Your Loan Agreement will be available for signature, sent to you from your nominated Tesla Preferred lender at least 72 hours prior to your delivery appointment. Tesla requires your loan agreement executed at least 48 hours prior to your delivery appointment. Insurance must be provided to your nominated lender at this time.
For Self-Arranged Financing with a third party funding institution, Tesla will require confirmation of cleared funds at least 2 business days prior to your delivery appointment. Please ensure that all loan agreements and any outstanding lender requested documentation are completed at least 4 business days prior to your delivery appointment.
Note: for regional deliveries where a vehicle carrier is required, any additional customer deposits must be paid prior to scheduling a delivery appointment.