Tesla Resumes 0% Interest Financing for Model 3 in the USA, 0.99% Rate Maintained in Canada until March 7th
The electric vehicle market continues to evolve, and Tesla is making it easier for customers to get behind the wheel of a Model 3 with new financing offers in both the U.S. and Canada.
In the U.S., the Model 3 is now available with 0% APR financing for 60 months, starting March 3, 2025, with a 15% down payment. Customers who qualify for the federal tax credit can apply it directly to their down payment, further reducing the upfront cost of their purchase. The offer includes both 0% APR and competitive APR options for 60 and 72-month loan terms.
Tesla has not specified an end date for the Model 3 financing offer in the U.S., providing potential buyers with ample time to take advantage of the deal.
Meanwhile, in Canada, the Model 3 financing offer was first introduced last month and will expire on Friday. The offer does not include a 0% APR option for 60 or 72-month loan terms, but Canadian financing rates are still competitive compared to posted interest rates, which are currently hovering around 5%. The Model 3 financing offer in Canada is available for all trims of the Model 3 and is available for new orders placed by March 7, and delivered by March 31, 2025.
Unfortunately, there is no mention of a referral link for three months of Full Self-Driving (FSD) in the Canadian Model 3 financing offer.
Tesla Model 3 financing offers in Germany typically include leasing options with terms such as 48-month contract duration, 10,000 km annual mileage, and down payments around €2,100. Monthly leasing rates vary by model variant, for example, starting at about €428 for the rear-wheel drive version and up to €649 for the performance all-wheel drive model. Some offers include 0% financing rates on selected variants or attractive interest rates around 1.49% for others. The terms are flexible and depend on contract duration, mileage, down payment, and the chosen model variant.
In conclusion, Tesla's latest financing offers aim to make the Model 3 more accessible to a wider audience, providing potential buyers with a range of options to suit their budget and preferences. Whether it's the 0% APR financing offer in the U.S. or the competitive rates in Canada, there's never been a better time to consider a Tesla Model 3.
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