In China, Tesla is granting five years of interest-free financing for the new Model Y – an offer valid until the end of June 2025, promising favorable monthly installments.
Overview of Settings
Tesla China is promoting the facelift of the Model Y with a limited financing program:
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Term: up to 60 months
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Interest Rate: 0% effective interest
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Down Payment: from RMB 79,900 (~ 10,945 USD)
The offer is aimed at all Model Y variants and extends the previously three-year action limited to the Long-Range AWD.
Terms of the 0% Financing
Monthly Rates and Term
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Monthly Rate: RMB 3,060
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Financing Amount: Residual value after down payment
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Complete interest waiver over 60 months
Participation Conditions
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Order by June 30, 2025
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Model: all RWD and AWD variants
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Registration and approval in China
Variants and Prices
Tesla offers two configurations in China:
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Rear-Wheel Drive (RWD) from RMB 263,500
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All-Wheel Drive (AWD) from RMB 313,500
After the facelift launch in February, Tesla has now expanded the offer to both variants and extended the financing period.
Background & Competition
China is Tesla's largest single market, but competitive pressure is increasing:
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Chinese manufacturers score with lower prices and innovative battery technologies.
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Tesla increased sales by 18.8% in March 2025, with 48,189 Model Ys alone changing hands.
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Simultaneously, Tesla offers Model 3 buyers attractive insurance discounts of RMB 8,000 until the end of April.
With the new 0% financing, Tesla secures more buyers who want to rely on long, predictable installments – a strong signal in a competitive market.
Conclusion
The Tesla Model Y will be offered in China until June 2025 with an unbeatable financing model: no interest for five years and low monthly rates. For those who appreciate long-term planning and want to experience electromobility in the world's largest market, the offer is highly attractive. European readers: This program applies exclusively in China and serves as an indicator of Tesla's financing strategy worldwide.
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