Tesla Extends Model Y 1.99% APR Promo in USA

model y referral

Tesla has extended its 1.99% APR financing offer for Model Y in the U.S., initially set to expire on August 31, 2024, to now include all vehicles delivered by September 30, 2024.

The promotion, which was originally launched last month for orders placed after July 18, is available to well-qualified buyers.

The updated terms on Tesla’s website indicate that customers who place orders for a Model Y and receive delivery by the end of September can still take advantage of the low financing rate. The 1.99% APR promo applies for financing terms 36 to 72 months.

If you order with a Tesla referral code, such as by using ours, you can save an extra $1,000 off your Model Y.