Tesla China Launches 0% Financing for Model Y, Price Increases

Tesla China has introduced new financing options for the Model Y Rear-Wheel Drive, offering three years of 0% interest and a five-year low-interest financing plan.

At the same time, the Long Range Model Y has increased in price by 10,000 RMB, now starting at 313,500 RMB.

For buyers opting for the three-year 0% interest plan, the minimum down payment is 79,300 RMB. Those choosing the five-year low-interest option can start with a 45,900 RMB down payment, with monthly payments as low as 3,808 RMB. Additionally, Tesla is offering three exclusive charging benefits, starting at 1,299 RMB, for those purchasing the Model Y Rear-Wheel Drive.

The Long-Range Model Y does not qualify for these new financing offers and is now priced at 313,500 RMB. The promotional financing options are available only for new orders placed directly through Tesla China until April 30, 2025. Customers must complete their purchase and payment within 30 days of vehicle delivery to retain any selected charging benefits.

Tesla advises customers to check their official site or app for more details on eligibility and financing terms.