All things Tesla

Whatever Tesla products your business needs, access finance for the full range of new and used Tesla cars, chargers and batteries under one agreement.1

Get started 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 have 12 months of good repayment history.2

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.

Rates & fees

  • Tailored pricing

    7.29% for terms ranging from 24 to 60 months.1

  • No deposit & $0 monthly fees

    Finance for the full amount. No hidden costs or surprises.

  • 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 products.
  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 whether you need power storage.
  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.

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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.

Yes, we can combine multiple Tesla items under one agreement.

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 15 March 2024 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 discounted rate will apply for qualifying Tesla vehicles to approved business customers for business purposes only when financing through this webpage. The actual repayment amount and interest rate will be confirmed if an application is submitted and approved. We reserve the right to change, modify or revoke any discount or interest rate offered at any time, for any reason and without notice. The discounted rate cannot be combined with any other offer or discount. 

    Additional information may be requested depending on your application details, the asset being financed and individual circumstances. Approvals are conditional and subject to the replacement asset being suitable to the Bank. Acceptable evidence of 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 per cent.

    Credit provided by Commonwealth Bank of Australia.