American electric vehicle (EV) manufacturer Tesla officially launched its operations in Malaysia on July 20, 2023. According to a report by our friends in our sister publication WapCar, the company is set to put up its head office and service center in the city of Cyberjaya, which is located around 31 km south of the capital Kuala Lumpur. This hub will be responsible for all corporate operations, marketing, training, customer support and vehicle services. Equipped with cutting-edge diagnostic to
Metro Pacific Tollways South (MPT South), a subsidiary of Metro Pacific Tollways Corporation (MPTC), took select members of the media on an exclusive tour for a first glimpse of the soon-to-open section of the Cavite-Laguna Expressway (CALAX) - the Silang (Aguinaldo) Interchange, or Subsection 4. Subsection 4 is currently 80% completed. It will provide a crucial connection to the Aguinaldo Highway, the busiest highway in Cavite. This development will greatly enhance travel convenience to Silang
The best-selling car in 2022 was the Toyota RAV4, with a total of 1,016,000 units sold worldwide. But if current trends continue, another crossover may take the top spot by the end of the year. On top of that, this new challenger is made in America, Germany, and China and uses absolutely no fossil fuels. The Tesla Model Y electric vehicle (EV) was the best-selling car from January to March 2023, according to a May 2023 Motor1 report that used data from global automotive market research firm JATO

Tesla Monthly Payment FAQs

What are the down payment, interest rate, and term for buying a Tesla car by installment?

The down payment, interest rate, and loan term of car loans in the Philippines may vary depending on the bank and the type of vehicle. Generally, the down payment ratio ranges from 15% to 50%, the interest rate ranges from 5.54% to 30.3%, and the loan term options are from 12 to 60 months. If you want to buy a used car, you may encounter higher interest rates, and the sum of the car's age and the loan term cannot exceed 11 years.

How much down payment, interest rate, and term should I choose to buy a Tesla car in the Philippines?

If you want to buy a Tesla car in the Philippines, you can choose a 20% down payment, a 10% interest rate, and a 36-month term, which is a balanced and reasonable option.