Finance your new Tesla with Heartland Bank
Apply online and get a decision in minutes. Heartland Bank is a preferred financier of Tesla, offering customers:
- *1.99% p.a. finance rate on select Tesla Model 3 purchases (Rear Wheel Drive and Long Range only)
- 7.75% p.a. finance rate on Model Y new purchases.
- 8.75% p.a. finance rate on all used Tesla purchases.
- No establishment fees
- Repayment terms from 12 months to 5 years
- Weekly, fortnightly or monthly repayments available
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*Fixed Interest Rate of 1.99% p.a. applies to select Tesla Model 3 purchases (Rear Wheel Drive and Long Range only). No upfront fees applicable. Max 60-month term. Principal and Interest loans only, and loans with balloon payments are not applicable. Subject to Heartland Bank Limited’s responsible lending criteria, terms, conditions, and fees apply. Heartland Bank reserves the right to vary, withdraw or extend this offer. Offer valid for eligible Tesla vehicles ordered by 27th March 2025 and delivered by 31st March 2025 to qualify.
What type of loan are you looking for?
Personal Loan
Ideal for individuals or joint borrowers looking to use their Tesla for personal use.
Apply nowBusiness Loan
Suitable for sole traders, businesses, trusts and partnerships using their car primarily for business operations.
Enquire nowCalculate your repayments
*Your repayments have been calculated at the estimated interest rate above. Your interest rate will depend on your personal circumstances as explained here.
**Establishment fees currently waived.
Got questions?
- What are the rates, fees and terms?
- For the full fee schedule, rates and terms click here.
- Can I change my repayment amounts during the loan term?
- Yes. Give our car loans team a call on 0800 85 30 30, and we’ll see what we can do to change your loan to suit your circumstances (there may be a fee to restructure your loan).
- What is the security for my car loan?
- The security will be the Tesla you’ve purchased, although we may ask for additional security and/or a guarantor.
- What information do I need to include for a joint car loan application?
- If you’re applying for a car loan with your spouse or partner, you’ll need information regarding their personal details, income and expenses. Expenses should be entered into the application as a combined whole for the both of you as a couple.
- How long will it take for my loan application to be processed?
- We will be in contact within two business hours from receiving your application. This might be the next working day, depending on what time you apply.