Financing Your Vehicle

Apply for a consumer or commercial loan with one of our preferred financiers or a lender of your choice.

Getting Started

Start your order and design your Tesla vehicle.

The Tesla financing calculator is available in the Design Studio to help you determine the right payment option. These estimated calculations are not guaranteed and are for illustrative purposes only. For authoritative information regarding your financing options, contact your preferred licensed financier.

Preferred Financier

After placing an order, download and sign in to the Tesla app using your Tesla Account credentials to get started on your pre-delivery tasks.

To select a preferred financier as your payment method, follow these steps:

Open the Tesla app.
Confirm your delivery, registration and trade-in details.
In the ‘Financing’ section of your pre-delivery tasks, tap ‘Yes’ to view financing options.
Select ‘Loan.’
Select your lender from the dropdown.
Tap ‘Continue’ to proceed to the lender information page and application.

Once you submit your loan application, your lender will work with you to collect the required information and notify you if your application is approved. If your application is approved, we will send you and your lender a final invoice.

Learn more about our preferred financiers and how financing with them may look for you.

Lending Company	Vehicle Purchase Types	Eligible Vehicles	Action
Plenti	Personal and Business Use	Model 3, Model Y	View Details
Westpac	Personal Use	Model 3, Model Y	View Details
CommBank	Personal and Business Use	Model 3, Model Y	View Details for Personal and Business Use

Self-Arranged Financing

If you decide not to use one of our preferred financiers, you can organise financing with a lender of your choice.

To select self-arranged financing as your payment method, follow these steps:

Open the Tesla app.
Confirm your delivery, registration and trade-in details.
Navigate to the ‘Financing’ section of your pre-delivery tasks.
Tap ‘Yes’ to view financing options.
Select ‘Loan.’
From the dropdown, select ‘Other.’
Provide the funding institution’s name and the exact dollar amount of your loan.

Once you receive a VIN, you will receive a copy of your final invoice in the Tesla app. You will need to send a copy of your final invoice to your lender before they can finalise your funding.

Note: Ensure your finance is completed and your lender has made payment 48 hours prior to delivery to ensure a smooth delivery day.

Frequently Asked Questions

Frequently Asked Questions Show All Hide All

After you have submitted your application through the Tesla app, your nominated lender will advise you of next steps and contact you if any further details are required.

To progress your application efficiently, we recommend you review your existing liabilities (e.g. credit card, mortgage, etc.) and have relevant documents prepared. Depending on your preferred financier’s requirements, you may need to provide any of the following documentation:

Driver licence, passport or Medicare card

Two most recent payslips or bank statements from the last three months

If self-employed:
Latest income tax return as submitted to the ATO

Most recent Notice of Assessment (NOA) and BAS statement

Bank statements from the last three months

Contact details of your accountant

If a trust is involved, a certified copy of the trust deed or an accountant’s confirmation letter

Note: Before your Tesla-preferred financier can transfer funds for your vehicle purchase, they may require confirmation of your comprehensive insurance. It is recommended to arrange and provide this to your lender at least 72 hours prior to your delivery appointment.

Learn more about InsureMyTesla, a comprehensive motor vehicle insurance programme for Tesla vehicle owners, issued by Zurich.
To understand more about eligibility with each lender, we recommend visiting the dedicated pages for your preferred lender or contact their support teams to discuss your individual circumstances.

Note: As a Tesla-preferred financier, Westpac Banking Corporation does not provide financing for business-use vehicle purchases. For tailored guidance, we recommend consulting a licensed independent financial advisor.
Your finance application should be submitted under the same name or business entity that you intend to register the vehicle to and should use the legal name as per your identity or company documents. This could be yourself, a partner, your business or your trust.

Ensure that you list the same name when completing the ‘Registration’ task in the Tesla app.
You can apply at any time according to your preferred financier’s requirements.

Note: Some financiers may only accept applications after you place your vehicle order.
Any minimum deposit requirement will be determined by your preferred lender. However, the lender will discuss any additional requirements or credit limits during the assessment of your application.
If you have applied for finance, and are declined, you are able to change the payment method in the Tesla app or select a different financier.
Your Loan Agreement will be available for signature and should be 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. If required, insurance must be provided to your nominated lender at this same time.

Note: For regional deliveries where a vehicle carrier is required, any additional customer deposits must be paid prior to scheduling a delivery appointment.