A versatile, all-electric compact SUV that combines impressive performance, advanced safety technology, and unparalleled practicality. Tesla Model Y is a dual motor all-wheel drive with extensive range giving you the freedom to journey anywhere. Inside is a spacious seven-seat interior with ample storage for your cargo, luggage, or gear. This is the ideal car for families who are always on the go. 

The Tesla Model Y is all about utility with its stylish, minimalist design with features like a central touchscreen control. Enjoy advanced driver-assistance systems technology with Model Y’s full self-driving capabilities. This car also boasts a 5-star ANCAP safety rating with forward collision warning, lane departure avoidance, and active emergency braking features. 

The perfect blend of innovation and utility, the Tesla Model Y is the top choice in the growing electric SUV market. 

How much does a Tesla Model Y cost?  

Tesla Model Y costs between $55,900 to $82,900 excluding on-road costs, taxes, and other fees. The price may vary depending on the configuration, specifications, and models.  

The Model Y Rear-Wheel Drive model is the cheapest among the variants at only $55,900, the Model Y Long Range AWD is $69,900, and the Model Y Performance AWD is $82,900, the most expensive of the three. 

Financing a Tesla Model Y 

You can finance your Tesla Model Y purchase through personal finance lenders and car finance brokers like CarLoans.com.au. If you want to get the best deal possible, it’s best to shop around various lenders and compare loans. 

How much are repayments on a Tesla Model Y? 

Monthly repayments on a Tesla Model Y depend on the type of car loan you get. The loan term, interest rates, deposit, balloon payment, and the like all affect your repayment amount. 

Let’s say you want to buy a Tesla Model Y with the basic trim level that costs $65,400 (including on-road costs). If you get a car loan for the full amount with a fixed interest rate of 7.19% over five years you could see a monthly repayment of $1,300.87. Adding a down payment or balloon payment could significantly reduce this number. 

Before taking out a car loan, consult the experts. Schedule a call with expert brokers at CarLoans.com.au to learn more. 

Things to consider when financing a Tesla Model Y 

Consider these key factors before applying for a Tesla Model Y finance: 

  • Interest rates 

  • Loan term 

  • Additional fees 

  • Downpayment 

  • Repayment frequency 

By evaluating these factors, you can make a well-informed financing decision for your Tesla Model Y. 

Cars similar to the Tesla Model Y 

The Ford Mustang and the Volkswagen ID.4 are good alternatives to the Tesla Model Y. The Mustang offers performance and style, while the ID.4 provides a balanced mix of range, affordability, and practicality.