The move to EVs and the buying trend away from passenger models to SUVs was clearly evident in 2023’s top selling vehicles. No passenger types appeared in the leading 10 sellers for the first time. What further underscored these trends was when private buyer sales are isolated from those to businesses, the Tesla Model Y was the top selling vehicle. But with a price tag of $70,000+, buyers will be looking for the lowest rate loan to park a Model Y in their garage. Jade Car Loans source and arrange low rates on Tesla finance for the very popular Tesla Model Y and other EV and hybrid models, for business and private buyers.
With costs of living still high, keeping the funding as low as possible on your new Model Y will be a priority. Interest rates are key to the cost of financing new motor vehicles and those seeking a loan will find variations across the motor vehicle lending market. By using our broker services, buyers get access to the lowest rates available from our 80+ lender base.
Tesla Y Tops Private Buyer Sales 2023
Sales of motor vehicles to businesses and other corporates is a large section of the overall market though private sales are still greater. With the preference of workhorses by business buyers, Ford’s Ranger and Toyota’s HiLux topped the sales for 2023 for all buyers. But the Model Y topped the private buyers only list with the Ranger coming in 4th and HiLux sneaking into the top 10 at 8th. This was seen as an impressive result as the Y is electric and an SUV.
The Model Y relegated the 2022 top seller, Mazda’s CX5, to 5th. A perennial darling of private buyer small car sales the Toyota Corolla, could only manage 20th. Highlighting the strong trend towards SUVs over passenger models.
For private buyers seeking inspiration for their new vehicle purchase, the first 20 of top sellers to private buyers in 2023 are:- Tesla Model Y, followed by the MG ZS, the Rav 4 from Toyota, Ford’s Ranger, Mazda’s CX5, the Hyundai i30 then Tucson, the Toyota HiLux, another Tesla the Model 3, the CX3 from Mazda, Isuzu’s D-Max, Mitsubishi Outlander, MG3, BYD Atto 3, Toyota Prado, Subaru Forester, Maxda CX-30, Kia Sportage and Seltos and at number 20, the Toyota Corolla.
Tesla Model Y Details
If you haven’t considered a Tesla to date, then now could be the right time to check out the features that have made the Model Y so popular with so many buyers. Its an electric 5 seater family SUV with AWD to tackle many road conditions. The generous cargo area has a capacity of 2100 litres to take a lot of what a family needs to take when they head off. The back seats fold flat to allow space for more cargo or larger items.
For those with range nerves, the Model Y is quoted as having a 533 klm range. With more and more EV charging points being installed, this range should suit the general running around and travel plans of many owners.
The Model Y is fitted with many advanced, active safety features as standard such as the Active Emergency Braking, Lane Departure and Forward Collision Warning. And of course, the Y has great tech! For boat and caravan owners – this model is quoted with 1600 kgs towing capabilities.
Sound interesting? Why not speak with us first about the financing offer we can source to make this purchase a reality.
Tesla Finance for Private Buyers
A personal Secured Car Loan will be the financing option best suited to most buyers purchasing a new Model Y for their own personal use as opposed to using the vehicle in the operation of a business. Our low rates for this type of credit can make a purchase of this luxury brand an affordable option for many buyers. Reducing monthly repayments to a level that works with the individual or family budget.
We individually source each offer to ensure the right lender, from our panel of more than 80, is matched with each of our customers. This ensures our customers receive not only the best interest rate for their profile, but a funding arrangement that has been structured to meet their individual requirements.
Tesla Finance for Salary Sacrificing
Exemptions to fringe benefits tax for electric vehicles, under certain conditions, are available for salary sacrificing purchases. This exemption may make the purchase of a Model Y an attractive to option for employees seeking this arrangement with their employer.
Your Jade broker can provide additional information and details and assist in sourcing the best rates and arrangements for Novated Car Leasing with Salary Sacrificing.
Using a broker to source personal financing for a new Model Y can offer many benefits to buyers. Speak with us about how we can assist you.
Contact Jade Car Loans 1300 000 003 for low rate Tesla finance for private buyers.
DISCLAIMER: IN REGARD TO MISREPRESENTATIONS AND ERRORS CONTAINED IN THE MATERIAL AS PRESENTED, LIABILITY IS NOT ACCEPTED. THE DETAILS AND CONTENT IS PROVIDED FOR CAR BUYERS AND INDIVIDUALS AND BUSINESS SEEKING FINANCE PURELY AS GENERAL INFORMATION. THIS IS NOT PROVIDED AS THE ONLY SOURCE OF FINANCIAL INFORMATION. ANYONE THAT CONSIDERS THAT NEED FINANCIAL ADVICE ABOUT THEIR SPECIFIC REQUIREMENTS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.
