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: an Audi Q5 for £391 a month will make you talk of the town
Audi Q5 - front cornering

Car Deal of the Day: an Audi Q5 for £391 a month will make you talk of the town

The Audi Q5 is one of the most desirable SUVs on the road. It’s our Deal of the Day for 13 March.
News
13 Mar 2026
Car Deal of the Day: 503bhp BYD Seal is a power per pound bargain at £276 a month
BYD Seal - front cornering

Car Deal of the Day: 503bhp BYD Seal is a power per pound bargain at £276 a month

BYD’s take on the Tesla Model 3 is looking seriously good value right now. It’s our Deal of the Day for 12 March.
News
12 Mar 2026
Car Deal of the Day: Genesis GV70 is posh and left-field SUV for just £389 a month
Genesis GV70 - cornering

Car Deal of the Day: Genesis GV70 is posh and left-field SUV for just £389 a month

The GV70 really stands out from the usual premium SUV competition. It’s our Deal of the Day for 11 March.
News
11 Mar 2026
Car Deal of the Day: the stylish Jaecoo E5 for just £212 a month
Jaecoo E5

Car Deal of the Day: the stylish Jaecoo E5 for just £212 a month

The Jaecoo E5 has a premium look for a bargain-basement price. It’s our Deal of the Day for 10 March.
News
10 Mar 2026

Most Popular

Long-term test: BYD Sealion 7
BYD Sealion 7 - front tracking

Long-term test: BYD Sealion 7

Second report: all is not rosy in the garden when it comes to driving our BYD
Long-term tests
13 Mar 2026
New Jaecoo 8 challenges the Hyundai Santa Fe with seven seats, 83-mile EV range and £45k price tag
Jaecoo 8 - front

New Jaecoo 8 challenges the Hyundai Santa Fe with seven seats, 83-mile EV range and £45k price tag

Flagship seven-seat SUV features 422bhp all-wheel-drive plug-in powertrain, plus Land Rover-style Terrain Response system
News
11 Mar 2026
New Renault Bridger baby SUV could be coming to Europe, but as a Dacia
Renault Bridger - front

New Renault Bridger baby SUV could be coming to Europe, but as a Dacia

Work is underway to see if the chunky, Indian-built utility vehicle could build a bridge to Europe
News
12 Mar 2026

Find a car with the experts