Tesla Free Upgrade Incentive Ending Soon: Deadlines and Tips

Tesla Free Upgrade Incentive Ending Soon: Deadlines and Tips

Hey everyone, DennisCW here! If you're in the market for a new Tesla Model 3 or Model Y, I've got some urgent news from my latest video. Tesla is starting to pull back on some of their hottest incentives, and we're now facing tight deadlines for the free option credits. Don't miss out—these deals could save you up to $2,000, but you need to act fast. Let's break it down step by step, including how to snag the best deals and what might come next.

The Incentive Details and Deadlines

Tesla has been offering free upgrades on eligible new inventory vehicles for the Model 3 and Model Y in the US. This typically means things like free premium paint colors or other options that would normally cost extra—translating to discounts of $1,000 to $2,000 off the sticker price.

But here's the catch: This incentive is ending soon.

• Model Y: You must order by August 11th (that's just a couple of days away if you're reading this now!).
• Model 3: The deadline is August 18th, giving you a bit more time.

These apply only to on-site inventory vehicles, so custom orders won't qualify. Tesla's current offers page lists all active incentives, including 0% financing on the Model 3 with Full Self-Driving (FSD) purchase and 3.49% on the Model Y for 60 months. Check it out to stay updated.

Pro tip: Before placing any order, use a Tesla referral code (like mine in the video description) to get three months of FSD for free. If you're already buying FSD, it supports the channel—win-win!

How to Get the Best Deal: Shop Inventory, Not Custom Orders

If you're hunting for the maximum discount, skip the standard order page and head straight to Tesla's new inventory section. Here's why:

• Inventory vehicles are ready for quick delivery, often within a week.
• Look for labels like "Demo Status" for bigger discounts (e.g., $2,600 off) or new vehicles with $1,000 off via free upgrades (like premium paint at no extra cost).

For example, in my area (California), Model Y rear-wheel-drive inventory is drying up fast—only a couple left! Demand is surging, with delivery estimates now at 4-6 weeks for new orders, up from 1-3 weeks. This ties into the $7,500 federal tax credit, which requires delivery by September 30th.

Inventory is selling out quickly, especially with these incentives. If you're eyeing a rear-wheel-drive Model Y, don't wait—place your deposit now to lock in the deal.

Other Tips for Maximizing Savings

• Don't Trade In to Tesla: To get the most value for your current vehicle, shop around. I recommend checking out GiveMeTheVin.com (link in the description). Sell from home, get a quick quote via VIN or license plate, and potentially score more than Tesla's offer. They're even running a $25,000 cash giveaway for sellers right now!

• Protect Your Credit Before Applying: If you're financing, safeguard your info. Recent breaches like Bank of America's (where they waited a month to notify customers) highlight the risks. That's why I use Aura, today's sponsor. Aura scans the dark web for your data, reduces spam calls, removes your info from broker sites, and includes $5M in identity theft insurance—all in one app. Try it free for 14 days at aura.com/denniscw (link below). Don't wait until it's too late—protect yourself like enabling Sentry Mode before trouble hits.

My Thoughts: Is a Better Deal Coming?

With demand ramping up due to the tax credit deadline, I'm leaning 70/30 that we won't see better deals soon. The $7,500 credit is driving sales, and inventory is moving fast. That said, Tesla could surprise us with end-of-quarter Hail Marys, like giving sales advisors more flexibility for custom deals. We saw something similar last quarter.

I'm curious—what are your thoughts? Are you jumping on these deals, or holding out? Drop a comment below, and if you're ordering, remember that referral code!

If your local inventory looks fuller than California's (which is selling out quick), you might find some gems with those free upgrades. For all-wheel-drive models, there's still plenty available—maybe Tesla will extend discounts there to clear stock.

Thanks for reading! Stay tuned for more Tesla updates, and let's keep the conversation going in the comments.

Disclosure: This post includes affiliate links and sponsorships. Using them supports the channel at no extra cost to you.