Tesla Model Y Purchasing 2026: The Tesla Model Y marks the American electric car company’s debut model in India, making a strong entry into the market. Notably, the vehicle is offered in three variants in India, featuring highly competitive pricing.
The ex-showroom prices range from ₹59.89 lakh to ₹67.89 lakh, positioning it as a premium electric SUV. Its modern design and technology-rich cabin are highly capable of captivating potential buyers. Furthermore, the vehicle comes equipped with a host of impressive specifications.
If you are considering purchasing the electric Tesla Model Y, understanding the monthly financial implications can prove highly beneficial. Read on for complete details And Basic Know Ledge Of Car And Sedan EMI.
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What Will Be the Price ?
Tesla Model Y Purchasing 2026: Regarding the electric segment of this Tesla model, it is highly advisable to understand the EMI details—as well as the booking process and the required monthly payments—before making a purchase.
We have provided comprehensive information on these aspects throughout this article. Let us inform you that the EMI calculation for the “Long Range” top model—based on the New Delhi market—pertains to the most expensive variant. Its on-road price in New Delhi stands at ₹71,36,178.
Assuming a down payment of 20% of the on-road price (approximately ₹14,20,000), the resulting loan amount would be ₹57,16,178. Furthermore, the applicable interest rate for this loan is set at 9.5%. Let’s explore the interest rate breakdown:
For a 3-Year Plan
Tesla Model Y Purchasing 2026: If we consider a loan tenure of three years, you would be required to pay a monthly EMI of ₹1.86 lakh throughout the 36-month loan period.
This calculation assumes a down payment of ₹14.2 lakh, bringing the total EMI payments over the tenure to ₹65.92 lakh—representing an interest cost of ₹8.76 lakh. This figure includes the interest component, bringing the total cost after 3 years to ₹80.12 lakhs.
Consequently, while this option proves to be quite expensive, it offers the advantage of a shorter repayment tenure.
For a 4-Year Plan
Tesla Model Y Purchasing 2026: If we consider a 4-year loan period—meaning you opt for financing over four years—you would be required to pay a monthly installment (EMI) of ₹1.44 lakhs throughout the tenure.
Under this plan, your down payment would amount to ₹14.2 lakhs. Regarding the total EMI repayment, you would pay ₹68.93 lakhs—which includes an interest component of ₹11.77 lakhs.
Consequently, after the completion of the 4-year term, the total cost comes to ₹83.13 lakhs—an increase of ₹3 lakhs compared to the 3-year tenure.
For a 7-Year Plan
Tesla Model Y Purchasing 2026: If you wish to secure a loan for a 7-year period, you would be required to pay a monthly EMI of ₹93,425 throughout the loan tenure. In this scenario, your down payment remains at ₹14.2 lakhs.
As for the total EMI repayment, it amounts to ₹78.48 lakhs inclusive of an interest component of ₹28.32 lakhs. Consequently, after 7 years, the total cost stands at ₹92.68 lakhs—a figure significantly higher than that of the 4-year tenure.
However, this option offers the advantage of lower monthly payments spread over a longer duration, allowing you to select a repayment plan that best aligns with your specific budget.
You may also consider a 5-year loan period, which would require a monthly payment of ₹1.2 lakhs, resulting in a total cost of ₹86.23 lakhs after 5 years.
