Buy Now, Pay Later and 6 More Ways You Can Finance a Tesla in 2025

Financing Options for Tesla Purchases - Tesla offers various financing options for customers looking to purchase a vehicle, emphasizing the importance of understanding how to finance without overextending one's budget [1] - Customers can utilize Klarna for smaller purchases related to Tesla, such as wall chargers or floor mats, allowing for interest-free payments over six weeks, although this does not apply to the vehicle itself [2] - Tesla provides a built-in financing tool that allows customers to apply for loans directly through the company, with terms ranging from 36 to 84 months, making the process straightforward despite potentially higher rates compared to other lenders [3] - Credit unions often offer better annual percentage rates (APR) than Tesla's financing, making them a viable option for customers looking to save money in the long term [3] - Leasing a Tesla can result in lower monthly payments compared to purchasing, but it comes with mileage limits and no ownership at the end of the lease, which may appeal to those who drive less or prefer to upgrade frequently [4] - Some customers opt to pay for their Tesla outright using cash, which eliminates loans and interest, representing the lowest total cost option for long-term ownership [5] - A home equity line of credit (HELOC) is another financing method some customers use, potentially offering lower rates than traditional car loans, but it involves using the home as collateral [6]