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0.99% APR Tesla Model Y financing offer ending today

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Tesla Model Y

It’s May 31, the last day for the 0.99% Annual Percentage Rate (APR) offer for the Tesla Model Y electric model in the U.S. The company announced this offer on May 11 enabling customers to save big on financing a new Model Y.

Tesla Model Y has three variants – rear-wheel drive long-range, all-wheel drive long-range, and all-wheel drive performance. These models are priced at $44,990, $47,990, and $51,490 respectively.

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The new 0.99% APR financing is available on 36,48, 60, and 72-month terms. Meanwhile, 84-month-based loans will still tag 2.99% APR. With this financing, the company charges $603/month for Long Range RWD, which turns $499/month after federal tax credit.

Tesla Model Y 0.99% APR Financing Offer Until May 31, 2024

Tesla Model Y 0.99% APR Financing Offer Until May 31, 2024 (Source – Tesla)

The all-wheel driver long-range model will cost $646/month and $542/month after tax credit. The Performance model will cost $696/month and $592/month with tax credit.

Earlier this month, Tesla announced a quicksilver color for Model Y made of a concentration of metallic flakes and extra paint coating for a better visual experience. If you want to experience something new, the Quicksilver version is available for an additional $2,000.

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Timothy started learning about game development and electronics at the age of 17. After involvement in different projects, he switched to Android app development and began pursuing smart hardware mechanics. Later on, he became fond of writing and tech journalism. Timothy covers major topics about internet personality, business, EV, Space, Social Media, and more. He loves to watch survival videos and try to find out new facts about the ocean and animals.