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Tesla India & Cars24: Rs 3.25 Lakh EV Switch Bonus!
7 Apr
Summary
- Combined bonus of Rs 3.25 lakh for switching to EVs.
- Program simplifies selling old car and buying new EV.
- Tesla Model Y financing options start with Rs 6 lakh down payment.
In a move to accelerate electric vehicle adoption, Tesla India has partnered with Cars24 to launch an integrated trade-in program. This initiative aims to simplify the transition for owners moving from internal combustion engine vehicles to electric. The program streamlines the process of selling an existing car and purchasing a new electric vehicle, addressing a key customer pain point.
Customers can receive a significant financial incentive through this collaboration. Tesla is offering an exchange bonus of Rs 3 lakh on petrol and diesel vehicles, complemented by an additional Rs 25,000 bonus from Cars24 upon successful completion of a Tesla purchase. This brings the total potential benefit to Rs 3.25 lakh.
The process begins at Tesla Experience Centers, where prospective buyers of the Tesla Model Y can initiate the trade-in. Alternatively, customers can start online via the Cars24 website or app. Following an initial estimate and a convenient doorstep inspection, Cars24 provides a transparent quote. If accepted, Cars24 manages the entire transaction, including pickup, direct payment, and ownership transfer.
To further enhance accessibility, Tesla is offering attractive financing for the Model Y, with down payments starting at Rs 6 lakh and monthly EMIs from Rs 49,000. This, along with lower running and maintenance costs of EVs, makes the switch both practical and economical for a wider audience.
