No Demand? 1 99% APR on New Model Y, Huge Tesla Discounts

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Tesla is offering a 1.99% APR financing deal on new Model Y vehicles in the US, alongside discounts of up to $4,000 on select inventory models, signaling potential demand challenges. The promotion, available for well-qualified buyers, applies to 36-72 month loan terms and requires orders by specific deadlines, with delivery by September 30, 2025, for some offers. This follows earlier 0% APR deals and a $2,000 discount for early Model Y owners, suggesting Tesla is using aggressive incentives to move inventory amid a tough quarter. The updated Model Y, despite being Tesla’s best-selling vehicle, faces softer demand, prompting these financial levers to boost sales.

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