Financing weapon makes a grand entrance!
At the end of every quarter, to boost sales and reduce inventory, Tesla always introduces price cuts and promotional policies. Recently, apart from Cybertruck, Tesla has reintroduced incentives across its entire EV lineup, such as a new referral program offering $1,000 discounts.
Now, Tesla is making moves in financing too, introducing zero down payment for Model 3 and Model Y with even lower APR. With an "excellent" credit rating, you can get a 5.59% interest rate; opt for the "promotional" credit rating, and enjoy zero down payment with an annual rate of 2.49%. With just a small down payment, the rate can drop further to 1.99%.
This promotion runs until September 30th. This end-of-quarter maneuver is all about securing quarterly sales and deliveries!
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