1. Auto Loan Pre-Approval
A Pre-Approval must be provided by 28th of October. The vehicle will automatically be unassigned from your account if a pre-approval is not provided.
In the meantime, please make sure you are checking insurance companies and their rates.
2. Down-Payment
Once you provide the necessary documents to the designated bank representative and your pre-approval documents have been signed, the bank will request a down payment. This will be needed for your chosen bank to proceed with the Final Approval (LPO).
Please note that a minimum down-payment amount of 20% of the value of your car is required, however if you wish to pay more than 20%, this should be discussed with the bank.
NOTE 1: In case you are not financing with Tesla's preferred banks be aware payment is prior to delivery. Therefore, after registration we will deliver your vehicle only upon receiving full payment from the bank.
NOTE 2: In case you are financing with
Emirates NBD or
First Abu Dhabi Bank only,
down payment must be paid directly to Tesla. Ensure you deduct your order fee amount before completing the down payment.
Please find below our payment methods:
1. Wire transfer
2. Cash Deposit: directly at any Citibank branch
Please find our account details below:
-Tesla bank details-
Please ensure you mention your Reference Number (RN11XXXXXXXX) as a payment reference. Failure in providing this information, might lead to a delay of your delivery. Proof of your payment should be e-mailed to
[email protected] using your order number as the subject.
3. Final Approval
After obtaining the Vehicle Customs Certificate (VCC), your chosen bank will be able to proceed for Final Approval (LPO) and Mortgage. Please have these documents issued by the bank within 3 working days after VCC is provided.
Final approval (LPO) is usually issued within 24 hours after signing the final documents and down payment is paid.
Be advised the registration process cannot be completed unless your mortgage is online.
4. Insurance
We will provide you with the details required on your Tesla Account to generate an insurance policy closer to your scheduled delivery date.
Proof of insurance must be uploaded into your Tesla Account within 48 hours after VCC is provided.
Please make sure the following are correct before uploading your policy onto your Tesla Account:
-
The start date should be no later than 5 days prior your delivery appointmentotherwise your delivery date will be delayed.
-Your insurance policy should be fully comprehensive, valid for 13 months and in the name of the person who the car will be registered to.
-The insurance policy must reflect the full and correct price of the vehicle as mentioned in your Order Agreement, correct motor number/s and VIN/chassis number.
-The bank in which your car is financed must be mentioned. Your insurance company will issue a document called a "
HIRE PURCHASE" and an "ASSIGNEE LETTER" or "BANK LETTER".
-All insurance documents must be
stamped and signed by your insurance company.
Please note Tesla do not offer in-house insurance and you can choose to take your policy with any company of your choice.
5. Registration and Delivery
After completing the above steps, we will be able to proceed with the registration of your car, in the Emirate of your choice.
Once the registration is successfully completed, we will begin preparing your car for delivery and will contact you to confirm your delivery appointment.
In case you would like to change to pick up from Jebal Ali delivery hub, please note it is a touchless, self-serving delivery experience. There will be minimum interaction and you can accept delivery though your Tesla Account.
Please allow up to 3 - 4 working days between registration completion and delivery.
