Irresistible 1.99% APR Financing Deal on Tesla Model Y
Search
Close this search box.
ADVERTISEMENT
AUTO

Irresistible 1.99% APR Financing Deal on Tesla Model Y

2024 Tesla Model Y Test Drive Demo at Electrify Expo Denver
  • Tesla is offering a 1.99% APR financing deal on the Model Y until August 31, 2024. 
  • The Tesla Model Y starts at $31,490 after the federal tax credit and gas savings
  • The Model Y accelerates from 0-60 mph in 6.5 to 3.5 seconds, with a range of 279 to 320 miles.

Right now, Tesla is offering an incredible 1.99% APR financing deal through the end of August. This limited-time offer gives well-qualified buyers the chance to own one of the most popular electric SUVs at an unbeatable rate. There’s never been a better time to make the switch to electric.

Tesla CEO Elon Musk has repeatedly emphasized that Tesla Model Y sales will only increase in the coming years. This prediction is backed by the Model Y’s performance in 2023, where it became the best-selling car globally.

The Model Y’s appeal is further strengthened by its lack of many competitors, combined with Tesla’s superior range, software, charging network, and brand reputation. This unique blend of attributes makes the Tesla Model Y a top choice for consumers looking to transition to electric vehicles.


ADVERTISEMENT

Tesla Model Y Now Starts at $31,490 with Federal Tax Credit and Gas Savings

The Tesla Model Y, with a starting price of $31,490 after factoring in the federal tax credit and estimated gas savings over five years, makes it an affordable entry point into luxury electric driving. The financial benefits are substantial, especially with the current promotion.

According to the Tesla website, “Eligible customers who take delivery of a qualified new Tesla and meet all federal requirements are eligible to receive $7,500 off the purchase price, applied directly at the time of delivery.”


Watch this video to see real-world experiences from a Tesla Model Y owner.

The promotional financing rate is available for up to 72 months, with estimated monthly payments as low as $625 before probable savings. By switching to an electric vehicle, you can significantly reduce your monthly gas expenses. Charging a Tesla Model Y costs about $400 per year, compared to $1,400 for gasoline. Over five years, this could save you around $5,000.


Exceptional Performance and Convenience

The Tesla Model Y delivers gripping performance, with 0-60 mph acceleration times as quick as 6.5 seconds for the Long Range Rear-Wheel Drive model and an astonishing 3.5 seconds for the Performance All-Wheel Drive model. Depending on the version you choose, the estimated range varies from 279 to 320 miles, ensuring your road trips are uninterrupted and stress-free.

Tesla’s dedication to convenience shines through its extensive Supercharger network, allowing the Model Y to gain up to 160 miles of range in just 15 minutes. As of July 2024, Tesla has a network of over 6,500 Supercharger stations with almost 60,000 connectors worldwide. Additionally, advanced features like Basic Autopilot, which includes emergency braking, collision warning, and blind-spot monitoring, make driving safer and more stress-free.

2024 Tesla Model Y Test Drive Demo at Electrify Expo Denver
Tesla Model Y test drive at Electrify Expo Denver.

Continuously Improving with Over-the-Air Updates and Standout Practical Features

One of the best things about owning a Tesla is that it keeps getting better over time. Thanks to over-the-air software updates, your Tesla Model Y regularly receives new features, performance enhancements, and safety improvements. This ensures that your car stays up-to-date with the latest automotive technology.


ADVERTISEMENT

The Model Y also has practical features that make it stand out. Sentry Mode provides 360° monitoring to protect your vehicle, and the car offers a spacious 76 cubic feet of cargo space, perfect for families and road-trippers. Additionally, the Tesla Mobile App enhances the ownership experience by allowing you to control and monitor your vehicle remotely, whether it’s for keyless driving or checking the charging status.

Photo of A 2023 Tesla Model Y interior, infotainment system, front driver seat, steering wheel

Flexible Financing and Transparent Terms: Tesla Makes It Easier Than Ever to Drive a Model Y

For those concerned about financing, Tesla offers flexible options to suit different needs. For instance, the 84-month financing term with a 3.99% APR for excellent credit scores brings the estimated monthly payment down to $580 after probable savings. Additionally, Tesla’s financing calculator lets you adjust the down payment and term to find the perfect fit for your budget.

Tesla’s dedication to customer satisfaction is evident in their detailed and transparent financial breakdowns. Additionally, the website noted, “Customers can purchase up to two vehicles per year with the tax credit applied directly to the purchase price,” making it a compelling option for families looking to upgrade their garage.

2024 Tesla Model Y Test Drive Demo at Electrify Expo Phoenix

Seize the Moment

The Tesla Model Y, with its competitive pricing, advanced features, and now an enticing 1.99% APR financing deal, is a standout in the EV market. This offer, valid until August 31, 2024, provides a rare opportunity to invest in a vehicle that combines luxury, performance, and long-term savings.

This promotion is available for a limited time, and with the popularity of the Tesla Model Y, inventory might not last long.


ADVERTISEMENT

IMAGES: TESLA, ELECTRIFY EXPO

FTC: We use income-earning auto affiliate links. Learn more.

AUTHOR: 

RANDI BENTIA

One Response

Leave a Reply

Your email address will not be published. Required fields are marked *

Stay updated on the latest electric vehicle news, insights, and offers. Get our newsletter!

Share ARTICLE

Ford Mustang Mach-E and Tesla Model Y Best Electric SUV Review - Electrify Reviewed main YouTube

Ford Mustang Mach-E vs. Tesla Model Y: A Deep Dive into the Best Electric SUV

Rivian R1T vs. Ford F-150 Lightning Review Comparing the Best Electric Pickup Trucks Electrify Reviewed

Rivian R1T vs. Ford F-150 Lightning Review: Comparing the Best Electric Pickup Trucks

Trending

Tesla’s Holiday Update Brings Festive Flair and Tech Advancements - Cybertruck Santa Mode

Tesla's Update Introduces Apple Watch App and Hidden Holiday Gems

Jaguar electric vision concept - user The_Osco - main

Leaked: The EV Concept Images Jaguar Hoped to Keep Under Wraps

Electrify Expo San Francisco test ride demo Ford Thrill Zone Mustang Mach-E

Why I’m Finally Ready to Switch From Gas to an EV

ADVERTISEMENT
velowave summer fun sale
BLUETTI AC200max banner