Tesla launches 0% interest on Model 3 and Y in UK

Tesla has announced a 0% interest rate on Model 3 and Model Y electric cars in the UK to make them more accessible for customers.

The EV company is sending emails to announce this offer but no information is available about the last date. Both of these EVs offer versatile looks and capacities in different price segments. the Model Y has up to 331 miles of range in the long-range version and 0-60mph acceleration in 3.5 seconds in the Performance model.

The Model Y on the other hand offers up to 390 miles of range and a performance variant with 0-60mph in 2.9 seconds.

Tesla Model 3 is available in three variants – Rear Wheel Drive (RWD), Long Range All Wheel Drive (AWD), and Performance All Wheel Drive (AWD). These are priced at £39,990, £49,990 and £59,990 respectively.

On the other hand, the Model Y is also available in three trims including:

• Model Y Rear Wheel Drive (RWD) priced at £44,990
• Long Range All Wheel Drive (AWD) priced at £52,990
• The performance variant is priced at £59,990

Tesla 0% Interest Rate on Model 3 and Model Y in the UK (Source – Tesla)

Finance

In terms of financing, customers can benefit from 0.00% APR on 36, 48, and 60 months of loan with a £10,000 downpayment. The EV maker has recently started deliveries for Model Y midnight cherry red color in the UK. It will also showcase Cybertruck showcase from Thursday, the 11th to Sunday, the 14th of July in the country.

Introducing low-cost APR is a good strategy for customers to increase sales for customers. Reacting to this offer, customers in Canada and the US also requested similar treatment but it may not happen.

(source)