Tesla is pulling out all the stops to ensure this holiday quarter shines like no other, introducing enticing promotions and discounts right at the start of the festive season. The company has extended its appealing zero down payment financing offer for both the Model Y and Model 3. Taking its incentives a step further, Tesla is now providing up to $2,700 in discounts on brand-new, unsold inventory vehicles – a significant move as such offers usually apply only to demo cars with mileage.
Potential buyers can now snap up a Model Y starting from just $34,790 for the Long Range Rear-Wheel Drive 2024 version, thanks to the federal tax credit. Meanwhile, the Model 3 inventory models begin at $32,870, also factoring in tax credits, for the base Long Range Rear-Wheel Drive version in sleek Stealth Grey with a black interior.
If you’re considering financing, here’s the scoop: with a $3,999 down payment, the most affordable Model Y on the inventory discount list is available for a monthly payment of $646. It’s worth noting that Tesla’s previous 1.99% APR financing offer hasn’t been extended. Instead, the current rate for a 72-month financing term has risen to 5.29%, with an 84-month term jumping to 6.29% APR.
For those ready to make an upfront cash purchase, this represents a golden opportunity to own a Model Y for under $35,000, provided they embrace the Stealth Grey color and basic black interior. Tesla continues to make its mark with these accessible pricing strategies, aiming to appeal to tech-savvy consumers looking for top-tier electric vehicles without breaking the bank.
