To encourage drivers to switch from gasoline and diesel vehicles to electric mobility, Tesla launched its “Switch & Save” initiative in India. In order to lower the initial cost of purchase, the program provides flexible financing options and exchange incentives of up to ₹3 lakh on the Tesla Model Y.
Under the program, eligible buyers can purchase the Model Y with a down payment of ₹6 lakh, and monthly EMIs starting at ₹49,000. The indicative EMI, which is subject to lender approval, is based on a seven-year tenure at an annual percentage rate of 8.5% under a step-up plan. According to Tesla, customers can save up to ₹20,000 a month on fuel and maintenance, which for certain buyers reduces the effective monthly cost of ownership to about ₹29,000.
Rear-wheel drive and long-range rear-wheel drive are the two models of the Model Y that are offered in India. The basic version has a range of up to 500 km, while the Long Range version has a WLTP-certified range of up to 661 km. The maximum speed of both is 201 kmph.
Additionally, Tesla is providing a free wall connector for charging at home. The Model Y can be reserved online for ₹59.89 lakh and ₹67.89 lakh (ex-showroom), and test drives are offered in a few places.
Source – ABP Network
