Tesla Finance UK | Electric Car Finance Deals
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RECENT TESLA FINANCE DEALS

Whenever you think about electric cars, many will automatically think Tesla. Tesla founder Elon Musk uses a highly effective marketing strategy to bring people across the world on his sustainability journey.

Eco-friendly cars are not just popular with the millennial generation, but many motoring enthusiasts are keen to combine eco-credentials with a brilliant driving experience. Many Tesla owners would consider themselves to have cult level status and they have an unquestionable brand loyalty.

There are a lot of specific benefits for purchasing a Tesla  including plug in grants, congestion charges and low emission zones.  Tesla Model S payments might work out lower each month than your current car, so purchasing one of these or asking us to arrange Tesla Model 3 financing might give you great tax advantages and capital allowances for business cars.

Fast Car Finance will identify your Tesla financing requirements and calculate your Tesla monthly payment. As a specialist, independent car finance broker, we have access to the best Tesla financing rates on the market, with access to over 40 specialist lenders.

Find out more about Tesla finance deals?

Fast Car Finance recently provided £120,000 Tesla Model X finance for a company director from Hampshire.  Find out more about how his Tesla financing rates were structured.

You can read more about electric vehicles on the Fast Car Finance guide to electric vehicles.

Contact Us for more information about Tesla finance or call the team on 01635 785 400 to find out how we can help you to drive your dream.

Tesla Model X - 05/11/2019
Tesla
Model X
80,570.00
2019
Automatic
Electric
Hire Purchase
05/11/2019
80,570.00
38,283.00
42,287.00
60
855.96
200.00
100.00
9,070.60
9,370.60
7.9
8.5
Company Director
null

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.

0.00
50
Tesla Model 3 Performance - 30/08/2019
Tesla
Model 3 Performace
60,240.00
2019
Automatic
Electric
Hire Purchase
30/08/2019
60,240.00
18,500.00
41,740.00
49
547.87
200.00
100.00
9,557.76
9,857.76
6.95
7.4
Company Director
null

The directors of this Midlands-based manufacturing business enjoy their exotic cars, so when they wanted to purchase a Tesla Model 3 Performance through their business, they knew Fast Car Finance would be able to arrange the best Tesla financing rates.

 

The £60,240 purchase price was financed on Lease Purchase over a four-year term with a final balloon payment of £25,000 due at the end. By structuring the Tesla finance payments in this way, the lump sum payment at the end of the term allowed the client to benefit from lower repayments over the term of the loan, with the added flexibility of  refinancing the £25,000 as they need to.

 

Structuring the Tesla financing rates in this way allowed the business to benefit from the generous 100% first year tax allowances that are available on all electric cars, including Tesla Model 3 Performance. With Tesla finance transactions going through the business name, the client could make a substantial saving against their next corporation tax bill.

25,000.00
50
Tesla Model X - 13/12/2019
Tesla
Model X
119,540.00
2019
Automatic
Electric
Hire Purchase
13/12/2019
119,540.00
7,500.00
112,040.00
60
2,213.24
200.00
90.00
20,754.40
21,044.40
6.9
7.2
Company Director
null

Electric car finance is still in its infancy and many car finance companies shy away from this new technology. Not so the team at Fast Car Finance and when this entrepreneur was referred to us via his business bank manager, we were only too happy to assist.

Having placed an order for a new Tesla Model X, the customer wanted to finance the car through his Limited Company in order to take advantage of the generous tax allowances that electric cars offer (the car qualifies for a 100% first year allowance enabling the customer to substantially reduce his corporation tax). Fast Car Finance are specialist car finance brokers with a niche in the high value end of the market. We quickly secured the customer a 5-year Hire Purchase agreement at a competitive rate of interest.

We can arrange finance for any make or model of electric vehicle including Tesla. If you are considering the purchase of an EV (electric vehicle) then please get in touch with us

Did you know that Fast Car Finance can arrange luxury and prestige car finance for diesel, petrol and EV’s for both business and personal customers? Call us today on 0333 12 12 400 to discover more.

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