Tesla and Australian finance partner Driva launched a Guaranteed Future Value loan for new Model 3 and Model Y buyers on July 10 2026. The program uses a balloon loan structure where buyers finance only the gap between purchase price and guaranteed residual keeping monthly payments lower than financing the full vehicle cost.

At the end of the term buyers can hand the car back keep it by paying the balloon or sell privately and pocket anything above guaranteed value. Tesla provides a pre determined future resale value for each vehicle based on agreed parameters including loan term and annual mileage. The company claims customers will never be out of pocket when trading their vehicle to cover final payment provided they meet pre agreed mileage limits and fair wear conditions. Rideshare drivers are excluded initially but Tesla plans a dedicated product for them later in July. The program comes after two years of aggressive price cuts that hammered used Tesla values in Australia and major markets. Australia will likely be a testbed for whether the future value program can be replicated in larger markets worldwide.