Tesla Model Y RWD “ready stock” inventory get 0.78% hire purchase interest rate promo in Malaysia

Tesla Model Y RWD “ready stock” inventory get 0.78% hire purchase interest rate promo in Malaysia

After getting a RM8k price cut last month, Tesla Malaysia has upped its offer for the Tesla Model Y RWD by offering a 0.78% interest rate hire purchase promo. This only applies for “ready stock” inventory which means you must take one of the cars listed on the inventory page, and not for custom spec orders.

Other than buying one of the ready stock cars, to qualify for the 0.78% interest you must pay a 20% downpayment and go for a 60 month (5 year) loan. Based on a quick calculation with our car loan calculator, this should result in a monthly payment of around RM2,645.

UPDATE: May 23, 2024 – Tesla Malaysia has updated this offer to an 84 month (7 year) loan period, with 20% downpayment. This results in a monthly payment of RM1,808 a month.

UPDATE: May 28, 2024 – Tesla Malaysia has updated this offer to an 84 month (7 year) loan period, with 25% downpayment. This results in a monthly payment of RM1,810 a month. For those who want a 5 year loan, 0.78% financing with 20% downpayment is available.

This 0.78% promo expires June 30 2024 or while ready stocks last.

The Model 3 Rear-Wheel Drive does 513 km on a full charge and despite having just one rear motor it is no slouch – the 100 km/h sprint can be done in 6.9 seconds.

We’ve driven the base Tesla Model Y SR RWD in Malaysia – check out our quick first impressions by watching the video below! You have to ignore the pricing in the video as it was recorded before the recent price cut in April 2024.

Looking to sell your car? Sell it with Carro.

Learn more:

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • Bryant on May 20, 2024 at 3:23 pm

    Pretty good deal imho.

    Like or Dislike: Thumb up 3 Thumb down 1
  • Jsjsjs on May 20, 2024 at 5:47 pm

    No demand le tu

    Like or Dislike: Thumb up 7 Thumb down 2
  • Pierre on May 20, 2024 at 7:57 pm

    Still no announcement on new EV roadtax how to buy? Later every year kena kaw kaw on roadtax.

    Like or Dislike: Thumb up 6 Thumb down 1
    • Busy auctioning number plates la. Relek la kejap lagi aku announce

      Like or Dislike: Thumb up 2 Thumb down 0
  • Bryant on May 20, 2024 at 8:22 pm

    Wow. Funny how things are so pro-consumer the moment there isn’t bullshit protectionism in the name of ‘national car’ crap just so a small group of connected individuals can profit from the suffering of all others.

    Win for us consumers. Now get rid of excise tax and open up the market without the crap quota nonsense. We’ve bled enough.

    Like or Dislike: Thumb up 9 Thumb down 1
  • Replacement of 1 rear bumper, rear bumper reflectors cost you RM10,000.

    Like or Dislike: Thumb up 0 Thumb down 0
 

Add a comment

required

required