Tesla has announced a new financing promotion for its Model Y compact crossover SUV. In North America, Tesla is offering 1.99% APR financing for new Model Y orders placed before August 31, with delivery required by September 30.
Additionally, Tesla is extending this promotion to New Zealand, where customers can also take advantage of the 1.99% APR financing rate for the Model Y (via @Tslachan). Orders in New Zealand must similarly be placed by the end of August, with delivery completed by the end of September. Oddly, the promo is not available in Australia.
With interest rates right now still fairly high, seeing a 1.99% financing offer definitely will entice people to jump on the Model Y, that may result in a surge of orders in Q3. Let’s see what happens.
Other articles in the category: Featured
Tesla’s New $59,990 Cybertruck: See the Key Features Cut to Lower the Price
Tesla unveiled its most affordable Cybertruck to date on Thursday night, launching a new Dual Motor AWD version priced at $59,990 USD. This entry-level model significantly lowers the barrier to entry for the stainless steel pickup, which previously required a much higher investment for the Foundation Series or Cyberbeast trims. Despite the lower price point, […]
The End of Plugs? FCC Approves Tesla’s Wireless Cybercab Charging
The Federal Communications Commission (FCC) has officially granted Tesla a critical waiver to deploy its new wireless charging technology. The order, released Thursday, allows the company to move forward with the high-tech sensors that will likely power the autonomous charging vision for the upcoming Cybercab. Wireless Charging Technology Cleared for Deployment The decision allows Tesla […]
Tesla FSD Supervised: Owners Pass 8 Billion Miles in Major Safety Milestone
Tesla has reached a major new milestone for its autonomous driving software, announcing that customers have now driven more than 8.2 billion miles using Full Self-Driving (FSD) Supervised. According to the company’s latest safety report, over 3 billion of those miles were clocked specifically on city streets. Tesla is using this massive data set to […]
