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Finance Funding Australia’s CEO Comments on Recent News of Solar Powered Car Coming to Australia Next Year

By Finance Funding Australia

Finance Funding Australia’s CEO Comments on Recent News of Solar Powered Car Coming to Australia Next Year

02/14/2013
Tesla recently announced that their Model X car is coming to Australia next year. The CEO of Finance Funding Australia, a company specialising in low cost car loans, responds to the recent news.

According to The Telegraph’s article titled “Solar-powered car coming to Australia next year”, Tesla is unrolling the solar powered Model X car in Australia next year. This sparked a commentary from Finance Funding Australia’s CEO, Justine Milankovic.

“We’ve seen a trend where consumers are opting for smaller, more fuel efficient cars. However, SUVs still hold appeal to consumers. Because it’s both environmentally friendly and a SUV model, the Model X could do really well among well-to-do consumers due to its solar appeal and edgy image,” said Milankovic.

The car will be rechargeable at a number of charging stations between Sydney and Melbourne. Charging time at one of these “super-chargers” is 30 minutes versus the usual eight hours for solar powered cars.

“The reduced charging time made possible by these super chargers should help strengthen the car’s appeal. Admittedly, it’s still a lot longer than the few minutes it takes to gas up, but considering the fact that it’s free to use the chargers and you are helping the environment, it’s not a bad deal,” said Milankovic.

The Model X car has enough driving range to cover a drive from Sydney to Canberra.

Tesla plans to cover the distance between Sydney and Melbourne with two super chargers, and the distance between Sydney and Brisbane with two super chargers. More chargers could be on the way for other Australian cities.

“This is exciting news for early adopters who want a piece of the glamour associated with a cutting edge car. The hefty price tag can be somewhat justified by the fact that ‘fueling up’ is free. But I think that the kind of consumer that would buy a Tesla car isn’t primarily motivated by gas savings…it’s mostly the ‘influencer’ crowd,” said Milankovic.

Consumers ready to buy their next car can contact the car loan specialists at Finance Funding Australia.

About Finance Funding Australia

Finance Funding Australia (FFA) was formed by a team of consultants with over 17 years of experience in the finance and automotive industry. Their consultants are known for providing superior customer service in all their past and current dealings. FFA handpicks their staff to ensure that customers get the service and respect they deserve, regardless of their credit history.

Finance Funding Australia works by assessing the customer’s profile first and advising them on the best approach. If the customer is interested in moving forward, FFA performs a credit check before submitting an application. This helps the customer avoid being penalized by other creditors. They can also help customers establish their credit history.

Get a low cost car loan at http://financefunding.com.au/.

About This Author

Finance Funding Australia

Finance Funding Australia

Car, truck, motorbike and equipment finance. Competitive rates. Personal/Business, New and Used. Finance Funding Australia was formed by a team of consultants who have worked in the finance & automotive industry for over 17 years, some being AWARDED with recogni…

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