Tesla Model 3 0% Financing Ending Soon: What You Need to Know

Hey everyone, DennisCW here! If you've been eyeing the Tesla Model 3 with that sweet 0% financing deal, I've got some urgent news for you. Tesla has just announced an end date for this incredible offer, and time is running out. In this post, I’m breaking down everything you need to know to take advantage of this deal before it’s gone by June 30th. Let’s dive in!

The Deadline: June 30th

Tesla recently updated their offer, setting a firm end date for the 0% financing on the Model 3. This deal, which allows you to finance over 60 months with no interest, will expire at the end of this month. That means you must place your order, complete your credit application, and—most importantly—take delivery of your vehicle by June 30th. If you’ve been on the fence, now’s the time to act!

Stacking Incentives for Maximum Savings

On top of the 0% financing, there are several other incentives you can stack to sweeten the deal:

• Tesla Referral Code: Use a referral code (like the one linked in the description of my video) to get three months of Full Self-Driving (FSD) added to your purchase.
• Inventory Discounts: Check Tesla’s inventory page for discounts on Model 3s—some are discounted by $1,000 to $2,000, with Model 3 Performance units seeing up to $5,700 off. I keep an updated list of the best deals across the country in my Best Deal Spreadsheet (linked in the video description).
• America’s Heroes Incentive: Eligible buyers can stack an additional $1,000 discount on top of everything else.

These savings can add up quickly, so make sure to explore all your options before placing your order.

What You Need to Qualify

Here are a few key things to keep in mind if you’re considering this offer:

• 15% Down Payment: Tesla requires a 15% down payment for the 0% financing deal. For a $40,000 to $50,000 vehicle, this comes out to about $6,000 to $7,500. The good news? You can apply the $7,500 federal tax credit toward this down payment, potentially reducing your out-of-pocket cost to around $3,000 to $5,000.
• Credit Qualification: This offer is for well-qualified buyers. Not sure if you’ll qualify? Tesla’s website has a pre-qualification button for a soft credit inquiry to give you an idea of your eligibility. For a definitive answer, you’ll need to place a $250 deposit and complete the full credit application. Pro tip: Don’t forget to attach a referral code before submitting your deposit to ensure you get those extra perks.
• Delivery by June 30th: Again, taking delivery by the end of the month is non-negotiable to lock in this deal.

Should You Wait for a Front Camera?

Here’s a piece of advice for those debating whether to jump on this deal now or wait. The current Tesla Model 3 is one of the last models without a front camera. If having a front camera is important to you, you might consider holding off. I often get asked if Tesla will offer retrofits for older models like this one. Honestly, it’s hard to say. While retrofits could happen, they might also discourage buyers from purchasing newer models, so Tesla may not prioritize them. It’s a gamble, and you’ll have to weigh the pros and cons based on your priorities.

What are your thoughts? Are you planning to take advantage of the 0% financing, or are you holding out for potential updates? Let me know in the comments!

Protect Your Credit Before Applying

Before you even think about applying for financing, there’s one crucial step you should take: protect your credit. Recently, Bank of America had a data breach and didn’t notify customers for a full month. On average, companies take 277 days—over nine months—to report breaches, leaving your personal information like your Social Security number, phone number, and email exposed without your knowledge.

That’s why I use Aura, today’s sponsor, to safeguard my identity. Aura constantly scans the dark web for any signs of my personal info and alerts me immediately if something shows up. Beyond breach protection, Aura offers tools to reduce spam calls, remove your data from shady broker sites, and even provides up to $5 million in identity theft insurance—all in one easy-to-use app. You can try Aura free for 14 days by visiting aura.com/denniscw (link in the video description). Don’t wait until it’s too late—protect your credit before applying for financing. I’m doing it, and you should too.

Final Thoughts

The clock is ticking on Tesla’s 0% financing offer for the Model 3. With the deadline set for June 30th, now is the time to act if you want to secure this deal. Stack those incentives, check your eligibility, and make sure you can take delivery by the end of the month. And don’t forget to protect your credit with tools like Aura before diving into the financing process.

Have you snagged a great deal on a Model 3, or are you planning to? Drop your thoughts and experiences in the comments—I’d love to hear from you! If you found this post helpful, be sure to check out my video for more details and links to all the resources mentioned. Let’s keep the conversation going!

Thanks for reading, and I’ll see you in the next one!

— DennisCW