<div id="readability-page-1"><div> <p>Tesla has introduced a new low-interest financing promotion in the United States for its two top-selling vehicles, the Model 3 and Model Y. The promotional rates significantly lowers borrowing costs compared to standard interest rates, making the electric sedan and SUV more accessible to buyers.</p> <p>For the Model 3, buyers can now get a low 0.99% financing rate across the entire lineup, including the Rear-Wheel Drive (RWD), Premium RWD, Premium All-Wheel Drive (AWD), and even the top-of-the-line Model 3 Performance variant, which is often excluded from these kinds of promotions. </p> <p>This promotion arrives alongside an even more aggressive financing on Tesla’s best-selling vehicle. Buyers in the U.S. can now secure 0% financing on a new Model Y RWD (formerly Standard) and Model Y AWD, while opting for the Model Y Premium RWD and Premium AWD can secure a low 0.99% financing offer. Unlike it’s smaller sibling, the Model Y Performance is excluded from this offer.</p> <p>These offers for both vehicles are available for loan terms up to six years (72 months). Tesla announced the new promotional rates in an email to customers on Sunday.</p> <div> <figure><img height="644" src="https://imageproxy.pbkrs.com/https://i0.wp.com/driveteslacanada.ca/wp-content/uploads/2026/02/email.png/query-cmVzaXplPTU5NSw2NDQmc3NsPTE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="595" original-src="https://imageproxy.pbkrs.com/https://i0.wp.com/driveteslacanada.ca/wp-content/uploads/2026/02/email.png/query-cmVzaXplPTU5NSw2NDQmc3NsPTE"/></figure></div> <p>Promotional financing has become an increasingly important tool for automakers, especially as interest rates remain elevated compared to the near-zero borrowing environment seen earlier in the decade. By offering sub-1% financing, Tesla is effectively subsidizing interest costs to maintain strong demand and remain competitive with both traditional automakers and new EV entrants.</p> <p>Despite the attractive financing offers south of the border, Canadian buyers currently do not have access to similar promotional rates. The last time Tesla offered something for Canadians was late last year when the company offered 2.99% on Model Y purchases.</p>   </div></div>

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<p>Tesla has launched a low-interest financing promotion in the U.S. for its Model 3 and Model Y vehicles. Buyers can secure 0.99% financing on the Model 3 and 0% financing on the Model Y RWD and AWD variants. This promotion aims to lower borrowing costs and boost accessibility for buyers, with loan terms available for up to six years. Tesla's strategy is to maintain demand amid rising interest rates, although similar offers are not available for Canadian buyers at this time.</p>

- Tesla has launched a low-interest financing promotion for the Model 3 and Model Y in the U.S., offering rates as low as 0% to 0.99%.  
- This initiative aims to lower borrowing costs and enhance accessibility for buyers amid rising interest rates, with terms up to six years.  
- However, Canadian buyers currently do not have access to similar promotions, highlighting disparities in financing options between the two countries.

Tesla Slashes Model 3 Financing to 0.99% in U.S., 0% on Model Y