Consumer loans

Here to help finance your new Tesla.

As a Tesla preferred finance partner, Plenti brings expertise in financing thousands of Tesla vehicles and provides you an award winning, seamless borrowing experience

Order on Tesla's website

Why finance your new Tesla with Plenti?

Quick online application. As little as 10 minutes

Exclusive interest rate for Tesla customers

Borrow up to $100,000

Loan terms from 2–7 years

Optional balloon payments

Flexible repayments

$0 early repayment fees^

FAQs

Frequently Asked Questions

We've made it easier to find the answers to the most common questions asked by customers buying their Tesla for personal use with Plenti.

What will I need to apply for a consumer loan?

Your Australian driver’s licence
Proof of income (your two most recent payslips or bank statements)
Your outgoing expenses and other borrowings
Details about your new Tesla vehicle

All of these details can be provided online, and you can securely connect with your bank to provide your bank statements, if you choose to.

What is the eligibility criteria Tesla loans for personal use

What are the rates and fees?

What will my repayments be?

What term can I borrow for?

What do I need to settle the loan?

After conditional approval, Tesla will provide Plenti with your sales invoice and delivery date.

In order to settle your loan you'll need to:

Provide your insurance provider and policy number
Review and sign your loan contract once approved.

Important:

Your insurance must list Plenti Finance Pty Ltd as the interested party under the policy.
You can use your Vehicle Identification Number (VIN) to arrange your insurance.

What is a comparison rate?

A comparison rate is a tool to help you understand the true cost of a loan. This rate allows you to better compare the price of different loan providers by factoring fees and charges (such as application or establishment fee, or monthly servicing or account keeping fee) that are included in the loan.

A comparison rate on a car loan in Australia may be calculated on a $30,000 loan amount over 60 months. This includes the interest rate and some fees (such as establishment fees and monthly fees).

While the comparison rate covers some fees and charges, some are not included, for example:

Government stamp duty and on-road costs
Late payment fees
Break costs or early termination fees
Cost savings such as fee waivers or the availability of interest offset arrangement which can influence the cost of a loan