Tesla Australia partners with Driva on guaranteed future value finance to cut monthly EV payments
By Eve
Tesla Australia has launched a finance product with leasing firm Driva that locks in a guaranteed minimum resale value at the end of the loan term, reducing monthly repayments and removing depreciation risk for buyers. The scheme, which includes a dedicated offering for rideshare drivers, aims to lower the barrier to EV ownership for Australian families and businesses by providing predictable upgrade pathways when loans conclude. The guaranteed value varies by loan duration and mileage.
Why it matters: Lower monthly costs and guaranteed residual values may accelerate fleet and rideshare adoption of Tesla vehicles in Australia, potentially increasing demand for workplace and public charging infrastructure. The finance structure could also influence procurement decisions by businesses evaluating total cost of ownership for EV fleets.