Tesla Roadster now available with financing by Bank of America

Article by Christian Andrei, on August 29, 2010

If you´ve been eyeing the all-electric Roadster but didn´t want to put out the cash for it, the Bank of America can help. Tesla announced that it is partnering with the Bank of America, which now offers a range of new financing packages for the Roadster.

The Bank of America will be providing a very easy online interface for these services as it will directly finance, document, and service vehicle loans for customers.

Take note that all agreements and payments will be between the customer and the Bank of America.

Now for the math: the car retails for more than 100,000, meaning that monthly repayments would total roughly $1,650 taking into account a $7,500 federal tax credit, a $20,000 down payment and 7.7% financing over a 60 month loan period.

Consider the major savings that you can get for buying the all-electric Roadster compared to a gas-guzzling vehicle.

Fully recharging the Roadster costs a mere $4 and it has fewer moving (and breakable) parts than internal combustion engine sports cars.

Imagine not having to dish out for car maintenance costs as it does not require routine oil changes, or parts like an exhaust, spark plugs, pistons, hoses, belts and clutches.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

In the minivan segment, the 2017 Chrysler Pacifica is already impressive in terms of fuel economy figures – as rated by the United States Environmental Protection Agency. In fact, the...
by - December 2, 2016
Having a blacked-out Bentley Mulsanne Speed is already menacing by itself but by naming it as the Bamford X, it became all the more imposing. This model was made by...
by - December 2, 2016
We have good news for those who are waiting for the latest version of the Mazda CX-5 compact crossover. It was just unveiled in November at the 2016 Los Angeles...
by - December 2, 2016
Those familiar with racing know that Marco Wittmann’s win during the 2016 Deutsche Tourenwagen Masters held last May was noteworthy as it was his second title in four seasons. In...
by - December 2, 2016
Volvo has revealed that while its products are used by a number of police organizations around the world, it will be the Swedish police that will get the first chance...
by - December 2, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries