It’s the end of a quarter, and Tesla is sending out reminders that this is your last chance for a crazy good deal. That deal this quarter is 1.99% APR financing on a Tesla Model 3 — well, to be specific, a Tesla Model 3 RWD .There’s still time to qualify for 1.99%* APR for 36 months or 2.99%* APR for up to 60 months on Model 3 Rear-Wheel Drive. Order by June 30, 2024, to be eligible.It’s an appealing offer. It could save you thousands of dollars over the life of the loan.
, but the Model 3 RWD isn’t eligible for any tax credit at all. The low financing rate is a kind of temporary concession to make the lower-range Model 3 more competitive, but I have to assume almost no one is going for this model now that you can get a $7,500 discount on the longer-range one.
Overall, though, regarding the lower-priced models, what I think few people know is that you can now get a Tesla for quite an affordable price, relatively speaking. Naturally, it’s cheaper to buy a used car, but if you’re shopping for a new vehicle, not that many models on the US market are cheaper than a low-end Tesla. And. Throw on some super-low financing, and it’s still hard to recommend any other vehicle on the market over a Tesla Model 3 or Model Y.