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Tesla Model Y Offered With Low-Interest Rates, RM60 Daily Instalment

Kumeran Sagathevan

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Tesla Malaysia announced a special low-interest rate program for its popular Model Y in response to growing demand. This program is available from now until Sept 30, 2024.

Through this new initiative, customers can own a Tesla Model Y with daily instalment payments starting as low as RM 60 per day. Financing options are available for an 84-month term through Tesla's preferred financing partners, Public Bank and Maybank.


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For the Model Y Rear Wheel Drive, daily instalment payments start from as low as RM60 per day with an interest rate as low as 0.78%. The Model Y Long Range sees daily instalment payments starting from RM76 per day with an interest rate as low as 0.98%. The Model Y Performance has daily instalment payments starting from RM91 per day with interest rates as low as 1.18%.

These calculations however are based on a loan amount with a 25% down payment and an 84-month tenure.


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Additionally, this offer applies only to the Model Y Rear Wheel Drive, Long Range, and Performance that are already in stock, not for new pre-orders. To benefit from this program, customers must complete their purchase and take delivery of their vehicle by Sept 30, 2024, indicating Tesla Malaysia seeks to clear its inventory and meet Q3 sales targets.

In addition to the low-interest rates, Tesla is also offering buyers of these existing inventory complimentary 10,000 KM Supercharging credits, or a free exterior or interior colour option. For those who primarily use home chargers, the colour option route could be perfect. Some colour options like the Deep Red are a RM11,000 premium.

To those interested, click these blue words to view the Tesla Model Y inventory available now.




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Written By

Kumeran Sagathevan

More then half his life spend being obsessed with all thing go-fast, performance and automotive only to find out he's actually Captain Slow behind the wheels...oh well!

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