Introduction to Tesla’s Latest Financing Offer
Tesla has recently announced an enticing financing deal for its popular electric vehicles, the Model Y and Model 3. This promotion features a 0% annual percentage rate (APR) aimed at well-qualified buyers with excellent credit. This initiative is part of Tesla’s strategy to accommodate a broader audience while maintaining its position as a leader in the electric vehicle market.
Details of the Financing Deal
The 0% APR offer applies to customers who order a new Model Y or Model 3 on or after Monday, with the requirement that they take delivery by the end of December. For potential purchasers, this offer includes a 36-month term limit for the Model 3 and a 60-month term limit for the Model Y. Furthermore, buyers must provide a minimum down payment of 20% to qualify for the financing.
Latest Updates on Model 3 and Model Y
The 2024 Model 3 has undergone minor updates, featuring refreshed exterior styling and an enhanced interior with improved controls, with a starting price of $42,490 before tax credits. Notably, the long-range rear-wheel-drive variant has returned, providing an impressive driving range of 363 miles. Meanwhile, the Model Y, which starts at $44,990, remains largely unchanged since its 2020 debut, as Tesla CEO Elon Musk confirmed there are no updates planned for this year.
