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Tesla Model Y brings 1.99% APR with $0 down payment in New Zealand

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4 months ago

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Tesla Model Y

Tesla has announced a 1.99% annual percentage rate (APR) on Model Y in New Zealand and customers will need to pay a $0 down payment to grab this offer.

The company first opened this offer for US customers yesterday but without a downpayment so it’s a better opportunity for the people in New Zealand to finance a new Model Y.

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Tesla Model Y 1.99% APR New Zealand

Tesla Model Y 1.99% APR New Zealand (Image Source – Tesla)

New orders should be placed before August 31 and delivered prior to September 30, 2024. Unfortunately, the website is still showing an 8.90% APR rate (by the time of writing this article) on all financing terms.

But the downpayment is showing $0 and the APR may also be updated very soon. You can check the official Model Y listing for more details.

(source – Tesla)

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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.

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