Tesla Model X 2019
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£80,570.00
05/11/2019
Hire Purchase
Company Director
Oxfordshire
This client’s accountant recommended he contacted Fast Car Finance for Tesla finance rates. We had worked with this accountant before and he knew that we could arrange an excellent Tesla financing rate for his client who was looking to purchase a Tesla Model X through his company to help reduce his corporation tax bill.
As a new car, not only did the client benefit from a great Tesla finance deal, he could take advantage of the generous 100% first year tax allowances that are currently offered on electric cars.
This client runs a domiciliary care business and he wanted Tesla finance for the car which was for his personal use. Together with the client and the accountant, Fast Car Finance put together a bespoke funding arrangement to suit the company cash-flow. As the business would own the asset, they were able to benefit from the 100% first year allowance. We organised a five-year Hire Purchase loan with fixed Tesla monthly payments over the term.
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