Skip advert
Advertisement

Deal of the Day: high-tech Tesla Model Y with low 2.9% APR

Tesla is offering a fantasticly low interest rate on Britain’s best-selling electric car.

Tesla Model Y - front cornering
  • Low 2.9% APR
  • Available over two, three or four years
  • Access to Supercharger network

Few electric cars are as simple to live with as the Tesla Model Y, and now it’s even easier to get your hands on one thanks to low 2.9 per cent APR interest until mid-November.

Advertisement - Article continues below

This amazing PCP deal is available direct from Tesla UK, and can be personalised depending on your requirements. Available over two, three or four years, with an adjustable annual mileage of up to 30,000 miles per year, private buyers can drive away in a base Model Y for £492 per month with a 10 per cent deposit.

That means stumping up £4,499 up front, but put more down and you’ll lower your monthly payments significantly. A £10k deposit, for example, drops the monthly figure to £370 – with an agreed 10,000 miles per year. All in, it means you’ll pay just £3,226 in interest over the four-year deal.

The offer is currently available on all versions, including the Model Y Long Range and Model Y Performance. The top-spec car, on identical terms (£10k deposit, 10k miles/year) costs £569 per month – and that’s before you factor in off-peak home charging, and the money you could potentially save versus an equivalent petrol SUV.

Skip advert
Advertisement
Skip advert
Advertisement - Article continues below

Tesla’s success is well documented, and it’s easy to see why. The brand’s Supercharger network is one of the best-reviewed public charging networks, and offers some of the lowest prices in the UK. The cars are good to drive, and come loaded with the latest technology.

All models, including the entry-level Model Y, get a touchscreen infotainment system, a 13-speaker stereo, heated front and rear seats, tinted glass roof, and a HEPA air filtration system. The base Model Y has a range of up to 283 miles, and will do 0-60mph in 6.6 seconds.

Upgrading to the Model Y Long Range adds a second motor for all-wheel drive and boosts the car’s maximum mileage on a single charge to 331 miles. This version does 0-60mph in 4.8 seconds, while the Model Y Performance sacrifices outright range for a 0-60mph sprint of just 3.5 seconds.

Five colours and two alloy wheel choices are available, and buyers can choose a black or white interior. Enhanced Autopilot – one of the best semi-autonomous driving systems available on the market – costs £3,400, and you can add a home charger for £475; less than you’ll pay for most third-party home wallbox solutions.

Most cars can be delivered in a matter of weeks, but you’ll need to hurry, as the low 2.9 per cent deal is only available on PCP orders placed by 17 November 2023.

Skip advert
Advertisement
Deputy editor

Richard has been part of the team for over a decade. During this time he has covered a huge amount of news and reviews for Auto Express, as well as being the face of Carbuyer and DrivingElectric on Youtube. In his current role as deputy editor, he is now responsible for keeping our content flowing and managing our team of talented writers.

Skip advert
Advertisement

Recommended

Car Deal of the Day: Diesel's not dead, not with a VW Tiguan TDI at this price
Volkswagen Tiguan UK - front action

Car Deal of the Day: Diesel's not dead, not with a VW Tiguan TDI at this price

Posh and practical, the Tiguan diesel is available to lease for under £400 a month in sporty R Line trim. It’s our Deal of the Day for 24 January.
News
24 Jan 2026
Car Deal of the Day: Extra-spicy Smart #1 Brabus is yours for a super-cool £226 a month
Smart #1 Brabus - front cornering

Car Deal of the Day: Extra-spicy Smart #1 Brabus is yours for a super-cool £226 a month

Compact but devastatingly quick, the Smart #1 Brabus is looking very affordable right now. It’s our Deal of the Day for 23 January.
News
23 Jan 2026
Best electric cars 2026
Best Electric cars - header image, October 2025

Best electric cars 2026

Thinking about making the switch to an electric car? Here are the best EVs that should be on your shortlist, and why…
Best cars & vans
23 Jan 2026
Car Deal of the Day: Renault Rafale is a fashionable yet affordable coupe-SUV
Renault Rafale - front corner

Car Deal of the Day: Renault Rafale is a fashionable yet affordable coupe-SUV

Renault’s largest SUV has a bold design but is also extremely affordable right now. It’s our Deal of the Day for 22 January.
News
22 Jan 2026

Most Popular

EV charging gets 10% cheaper and there’s more to come
Rapid charging Fiat 500

EV charging gets 10% cheaper and there’s more to come

Ultra-rapid chargers in December were five pence cheaper than they were in November for off-peak users, with a cut in VAT also on the cards
News
22 Jan 2026
Volvo EX60 2026 preview: extra large range and power for Volvo's medium SUV
Volvo EX60 - front

Volvo EX60 2026 preview: extra large range and power for Volvo's medium SUV

The new all-electric Volvo EX60 has some seriously impressive specs, and prices start from £56,360
News
21 Jan 2026
Volvo XC40, XC60 and XC90 SUVs will all get a revamp as brand hedges bets with hybrid
Volvo XC40 - front full width

Volvo XC40, XC60 and XC90 SUVs will all get a revamp as brand hedges bets with hybrid

The pragmatic decision will see Volvo building hybrids for as long as customers ask for them
News
22 Jan 2026

Find a car with the experts