0% APR for 60 months is now available in the U.S., while attractive interest rates of 0.99% to 3.49% are available in Canada until March 7, 2025. In this article, you'll find out how these offers work and what benefits they bring for you - including the possibility of a direct US tax credit of $7,500.
Financing the Tesla Model 3 in the USA
From March 3, 2025, new orders in the USA will receive the following offers:
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0% APR financing:
- Term: 60 months
- Down payment: 15%
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Alternative financing:
- 0.99% APR:
- Term: 60 months
- Option: Also available without down payment
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Additional advantage:
- With the US tax credit of $7,500, qualified buyers can deduct this amount directly from the down payment, making the purchase even more attractive.
For buyers who prefer longer terms, the Tesla also offers 0.99% APR on 72-month loans - an option that lowers monthly payments and allows for more flexibility.
Financing the Tesla Model 3 in Canada
There are also attractive financing offers in Canada, albeit with different conditions:
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Available offers (valid for orders placed by March 7, 2025, delivery by March 31, 2025):
- 36- and 48-month terms: 0.99% APR
- 60- and 72-month term: 1.99% APR
- 84-month term: 2.99% APR
- 96-month term: 3.49% APR
These interest rates represent a competitive alternative to the current market rates of around 5%, even if they do not quite match the 0% offered by the USA.
Advantages of the new financing offers
The current offers provide you with several advantages:
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Low interest charges:
- Especially in the US, 0% financing and the US tax credit allow for a significant cost deduction.
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Flexible financing terms:
- With options from 60 to 96 months, you'll find the perfect finance deal to suit your budget.
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Attractive conditions in both markets:
- Even if the offers in Canada have slightly higher interest rates, they remain very attractive compared to standard financing rates.
Conclusion
These new financing offers for the Tesla Model 3 show that the switch to electric mobility is becoming even more affordable. Whether in the US with 0% financing or in Canada with competitive interest rates, now is the perfect time to invest in your sustainable driving experience over there.