Tesla launches 0% APR (with FSD) in Canada

Tesla has announced a new 0% APR offer for customers in Canada when you add Full Self Driving (FSD) to the purchase package.

The electric vehicle (EV) maker launched a similar offer in the US last month and soon converted this offer to a flat 0% APR without requiring to bundle FSD for all new buyers.

The new 0% finance offer is available for Tesla Model 3 and Y. All you need to do is purchase the $11,000 (CAD) FSD bundle to the purchase and check out with the finance option.

According to the finance options, a customer under this offer can only claim the 0% APR for up to 48 months. After that, 0.99% will be applied for 60 months of financing.

On the other hand, both Model 3 and Y are eligible for the iZEV incentive, which will further cut the monthly price.

This new offer can be applied to new orders starting November 4, 2024, and customers will be required to take delivery before January 1, 2025. The offer will change after the announced date.