Tesla is already offering low 1.99% financing on six-year loans for customers looking to buy the $48,990 long-range, all-wheel-drive Model Y, the series production version of the newer car that debuted in early April. Gone are the days when Tesla had to keep hiking prices to avoid being hopelessly swamped by demand. Now CEO Elon Musk has to fight for every new customer.
Just weeks after the launch of the Model Y refresh, a slightly newer version of the five-year-old crossover, Tesla informed buyers on Sunday they can already have the car at a discounted financing rate. Interested buyers can qualify for a six-year loan at 1.99% if they put down $3,999 for the purchase of a long-range all-wheel-drive version. By contrast, financing rates for some of Tesla’s upscale models top 6%.
The Tesla brand is dead to me. In 2018 I wanted a Tesla EV but when in came time to buy a new car (2024), I got a BMW instead. In 2018 I wanted a Tesla Powerwall but I just bought a Jackery system instead. Between the two, that’s well over $100k lost to Tesla from that purchase. Countless more given that I will never buy anything Tesla ever. I won’t even ride an Uber/Lyft if the driver is on a Tesla.
i think it was dead since fall of 22-23.