Tesla's popular 0% APR financing offer for the Model 3 and Model Y is coming to an end. This deal, which significantly lowered monthly payments, has been a key driver of sales.
Introduced in October, the 0% APR deal for the base Model Y RWD brought monthly payments down to $581 with an 8% down payment and a 60-month term (after the federal tax credit).
0% APR Offer Deadline
The 0% APR offer is valid for deliveries taken by December 31, 2024. However, to allow time for configuration and delivery, the order deadline for the 0% APR promo is December 15, 2024.
This deadline encourages those considering a purchase, especially with the upcoming Model Y Juniper refresh, to finalize their orders.
The 0% APR offer applies to 36-, 48-, and 60-month financing terms for the Model Y and only to 36-month terms for the Model 3.
Other Tesla Promotions
While the 0% APR offer is ending, other Tesla promotions continue, including:
- Free FSD transfers
- Free Supercharging trials
- Doubled referral credits ($2,000)
