If you are thinking about getting a new Tesla Model Y in the US, theres some great news. Tesla has made its low 1.99% Annual Percentage Rate (APR) offer last longer. Now, this good deal is up for grabs for the Model Y Long Range All-Wheel Drive (AWD) until June 30, 2025, pushed from the first end date of June 16.
They changed their site to show this new date, and it states that the low APR is for Model Y Long Range AWD cars given out by the new June 30 date. This news was first shared by Tesla fan Sawyer Merritt on the site X.
To get this deal, Tesla says you need to put down at least 15%, and also pay the needed taxes and fees. But, theres a good thing: if you can get the $7,500 federal tax credit, you can use that cash as part of your first payment.
Heres what Teslas site says:
"Promotion rates are for those who are very good with their credit, order a new Model Y LR AWD, and get it by June 30, 2025. You need to pay at least 15% down plus any taxes and fees. If you get the $7,500 fed tax credit, you can use that to help with your down payment."
Also, for those looking to buy, know that while this 1.99% APR can add to other Tesla deals like the "Refer and Earn Program," it cant be mixed with the $2,000 Model Y Loyalty Incentive.
