Tesla Is Offering 0% Model 3 And 1.99% Cybertruck Financing

The deals are getting sweeter at Tesla as the automaker works to boost deliveries before the end of the first quarter of 2025.

Various reports have found that Tesla sales have been dropping around the world in recent weeks as it faces increased competition in the electric vehicle segment and some shoppers sour on the brand due to CEO Elon Musk’s political activities.

Tesla only reports sales quarterly, so the official figures won’t be out before the beginning of April, but new incentives seem to pop up every couple of days.

The latest includes a 60-month 0% financing deal on the Model 3 for “well-qualified buyers” with no money down, assuming you qualify for the $7,500 federal tax credit and apply that toward the purchase. Otherwise, you either have to put down 15% or take a .99% rate.

Read Also: IS A $53,490 TESLA CYBERTRUCK ABOUT TO LAUNCH

An exact credit score isn’t noted, but it’s likely above 800, while the rate with an Excellent credit score of 720+ is 5.84%. The 0% deal is available on all Model 3s including the top of the line Performance All-Wheel Drive trim.

Financing on the Cybertruck isn’t quite as low, but there’s a well-qualified buyer deal avaiable for both the All-Wheel Drive and Cyberbeast trims at 1.99% interest with $4,999 down.

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Tesla has also been offering free supercharging with leftover Foundation Series Cybertrucks purchased from inventory that is good for as long as the original owner keeps the truck.