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Tesla Corporate Program and Interest-free Loan Restrictions

Author

Eric Lau

Created On

2024-10-27

Edited On

2026-09-09

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Tesla

Want to get your hands on Tesla models at a better price? In addition to the government offering a maximum of HK$172,500 in first-time registration tax relief for electric vehicles (EVs) under the “One-for-One Replacement” scheme, Tesla is also offering incentives under their Corporate Program that includes interest-free installment loans in addition to reduced vehicle prices. In this article, Kwiksure will provide you with an in-depth look at the details of Tesla's Corporate Program, the application process and things to pay special attention to.

Table of contents

Tesla Corporate Program | What Are the New Prices?
Tesla Corporate Program | Purchase Steps
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Tesla Corporate Program | Interest-free Loans, Installments, and Down Payment
Frequently Asked Questions

Tesla Corporate Program | What Are the New Prices?

Tesla has been offering car purchase discounts under its “Corporate Program” specifically for select corporations and institutions in recent years, with different price deductions for different models. The discounts under the Corporate Program also change from time to time. The latest Corporate Program runs from now until 30 September 2025, and the discounts for every model under the Corporate Program are as follows (based on the “One-for-One” prices).

Tesla Model Y under Corporate Program \| Discounted Prices
Model	Rear-Wheel Drive	Long Range
Original Price (“One-for-One” Price)	HK$339,798	HK$427,668
Discount	-HK$20,000	-HK$20,000
Prices under Corporate Program	HK$319,798	HK$407,668

Tesla Model 3 under Corporate Program \| Discounted Prices
Model	Rear-Wheel Drive	Long Range	Performance
Original Price (“One-for-One” Price)	HK$249,000	HK$269,000	HK$325,314
Discount	-HK$10,000	-HK$10,000	-HK$10,000
Prices under Corporate Program	HK$239,000	HK$259,000	HK$315,314

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Tesla Corporate Program | Purchase Steps

Select your favorite model and complete the vehicle ordering in a Tesla showroom
Submit a valid ID and make a down payment of HK$30,000 within 3 days from the date of ordering the vehicle
Complete vehicle delivery in Hong Kong within one month from the date of vehicle matching or on or before 30 September 2025 (whichever comes first)

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Tesla Corporate Program | Interest-free Loans, Installments, and Down Payment

In addition to offering discounted car prices, the other biggest selling point of Tesla's Corporate Program is the interest-free installment loan program. However, note that with both the Model Y and Model 3, only the rear-wheel drive versions can enjoy interest-free installments. Some other models can access low-interest installments or may not have any installment loan program available.

In addition, the loan amount must reach 80% of the vehicle price and 20% of the vehicle price must be paid as a “down payment” (the minimum daily repayment is calculated for a 4-year loan term and assuming there are 30 days per month and is for reference only; the actual repayments shall be made monthly).

Tesla Corporate Program \| Model Y Installment Plan
Version	Rear-Wheel Drive	Long Range
Vehicle Price (One-for-One)	HK$319,798	HK$407,668
Annual Flat Rate	0%	0%
Minimum monthly Repayment	HK$5.330	$9,059
Down Payment (Excluding License Fees, Insurance and Other Miscellaneous Expenses)	HK$63,960	$81,534

Tesla Corporate Program \| Model 3 Installment Plan
Version	Rear-Wheel Drive	Long Range	Performance
Vehicle Price (Corporate Program+One-for-One+referral scheme)	HK$222,100	HK$242,100	HK$298,414
Annual Flat Rate	0%	2.48%	2.48%
Minimum monthly Repayment	HK$2,961.33（60 month）	HK$3,629（60 month）	HK$4,473（60 month）
Down Payment (Excluding License Fees, Insurance and Other Miscellaneous Expenses)	HK$44,420（20%）	HK$48,420（20%）	HK$59,682（20%）

Note: The above information is for reference only and Tesla’s announced terms shall prevail.

Frequently Asked Questions

How much are the price deductions under Tesla’s Corporate Program?

Under Tesla’s Corporate Program, the Tesla Model Y Rear-Wheel Drive version enjoys an additional HK$30,000 price discount, while the Long Range and Performance versions enjoy a HK$20,000 purchase discount. The Tesla Model 3 Rear-Wheel Drive, Long Range and Performance versions enjoy a HK$10,000 purchase discount.

How can I purchase a vehicle under the Tesla Corporate Program?

To enjoy the Tesla corporate offers, the purchaser must be a member of one of Tesla’s select corporations and organizations, and must also opt for the “InsureMyTesla” plan.

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Author

Eric Lau

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Eric is a content creator for Kwiksure, responsible for writing articles on various topics such as cars, travel, domestic helpers, etc., striving to provide readers with detailed and practical information.

With over 20 years of experience in the media industry and driving, Eric has worked for several newspapers, magazines, and online media outlets. Apart from his passion for writing, he also enjoys the pleasure that driving brings. On average, he drives over 40,000 kilometers per year.

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