Spinny has partnered with Tesla in India to offer a bonus of up to Rs 25,000 on the Model Y in exchange for a combustion-powered vehicle through its website. This scheme is being offered in addition to Tesla’s recently announced Rs 3 lakh exchange incentive scheme on the Model Y across India.
- Spinny’s app or physical car hubs, or Tesla outlets can facilitate exchange.
- The exchange bonus is only for deliveries made by March 31, 2026.
Tesla Model Y offers and benefits explained
Exchange bonuses of Rs 3 lakh + up to Rs 25,000, easier finance schemes on offer
Recently, Tesla announced a ‘Switch and Save’ exchange program in India, where it said it would offer a Rs 3 lakh incentive on the Model Y if an ICE car is exchanged. It also declared a new 7-year financing scheme on the EV, where it can be purchased at a down payment of Rs 6 lakh with a monthly EMI of Rs 49,000. In addition to all this, Spinny is offering the Model Y with an additional bonus of up to Rs 25,000 in exchange for an ICE car on its platforms.
To avail Spinny’s exchange bonus, a petrol or diesel car has to be exchanged via either the Spinny app, a physical Spinny car hub, or a Tesla showroom, after which a new Model Y can be ordered. The bonus will be offered after delivery. However, this scheme is applicable only till March 31 on “selected models and specifications only”, details of which are yet to be revealed.
The Tesla Model Y is offered in two trims: Rear Wheel Drive priced at Rs 59.89 lakh, and Long Range Rear Wheel Drive priced at Rs 67.89 lakh. The Tesla Model Y locks horns with the Hyundai Ioniq 5, Kia EV6, and BYD Sealion 7 in India.
Prices are ex-showroom, India.
