Drive Tesla, Your Way

We offer a wide selection of finance agreements and flexible repayment structures designed for business use, giving you the freedom to choose what works best for you.1

Get started today and we’ll aim to call you back within one business day.

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Why choose CommBank?

$0 upfront deposit

No deposit required so you can finance the full amount and keep your cash in reserve.

Faster approval

It’s easier to upgrade or replace an existing financed car if you meet our eligibility criteria which includes 12 months of good repayment history.

Flexible repayment options

Choose between monthly or quarterly repayments, with an optional balloon payment at the end of the term.

Conveniently online

Submit an enquiry and once approved, we'll email your agreement for you to review and sign online.

Terms & fees

  • Finance terms

    You can select your finance term ranging from 24 - 60 months.1

  • No deposit & no monthly fees

    Finance 100% of the vehicle cost with no monthly fees.

  • One-off documentation fee

    Depends on your agreement type and can be included in the loan amount or paid upfront.

Repayment options

  • Customised for your business

    Choose a repayment frequency to match your seasonal cash flow.

  • Optional balloon payments

    A balloon payment is a lump sum paid at the end of your loan term. Your monthly repayments will be lower but you'll pay more interest.

Order your Tesla before applying

Before you apply for finance, you'll need to order your Tesla vehicles.
  1. Do your research on the Tesla website to find the car that suits your business needs and arrange a test drive.
  2. Think about how you’re going to charge your Tesla and if you need to include any charging accessories.
  3. Place your order on the Tesla website, choose CommBank as your preferred finance provider and come back here to apply.

How to apply

1. Get in touch with us

We'll aim to call you within one business day.

2. Prepare documents

We may ask for extra financial information.

3. Review & sign

Sign your agreement online while you wait for your car to be delivered.

4. Drive away

We'll pay Tesla when your new car is ready to pick up. Enjoy the benefits of driving electric.

Frequently asked questions

We may ask for proof of good repayment history on your previous loan, or details of your business financials. Our team will let you know what they need based on your application.

Check with Tesla about your expected delivery date.

If you're replacing an existing car with a new Tesla and finishing up the previous finance agreement, we'll only need confirmation you’ve paid the last 12 months on time.

CommBank || Tesla

CommBank is one of the preferred finance providers for Tesla. Together, we’re helping customers make the switch to an electric vehicle. Discover Tesla

Things you should know

  • This information is current as at 1 December 2025 and is for general information purposes only. It has been prepared without considering your objectives, financial situation or needs. You should consider the appropriateness of this information to your circumstances before acting on it.

    Credit provided by Commonwealth Bank of Australia. These products are only available to approved business customers for business purposes only. All applications are subject to the Bank’s eligibility and suitability criteria and normal credit approval processes. You should view our current Asset Finance Terms and Conditions and consider them before making any decision about these products. All rates are subject to change. Fees, charges, terms, conditions and lending criteria apply.

    1 A discount will apply for qualifying electric vehicles when you when you apply through this webpage. Any discounts apply to the standard carded rate and cannot be combined with any other pricing reductions. Discounts of up to 1% p.a. are limited to transactions less than $250,000. Discounts are available for qualifying assets over $250,000 by negotiation. Discounts offered are subject to change without prior notification. We reserve the right to modify or revoke any discount offered at any time, for any reason.

    Our simple Replacement Pathway is available for businesses who are upgrading or replacing business cars or equipment currently under finance. Approvals are conditional and subject to the replacement asset being suitable to the Bank. Acceptable evidence of 12 months good payment history is required. The asset being purchased must not be older than the asset being replaced. The finance agreement on the asset being replaced must be repaid and the new repayment must not increase by more than 25%. Additional information may be requested depending on your application details, the asset being financed and individual circumstances.

    Credit provided by Commonwealth Bank of Australia.