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
Why finance your new Tesla with Plenti?
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^
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.
- 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.
Eligibility criteria includes:
- Age: Be 21+ years old
- Residency status: Australian resident
- Credit report: No bankruptcies, court judgements, or defaults
- Minimum employment: Full time (3 months), Part-time (6 months), Casual (12 months)
Your repayments will depend on the amount you borrow and your desired loan term.
After collecting a few details about you and your Tesla, we’ll present you with a range of repayment options to choose from.
We offer a range of flexible repayment options with terms from two to seven years.
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.
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