Tesla Model Y 1.99% Financing Ending Soon: What You Need to Know

Hey everyone, DennisCW here with some urgent news for Tesla enthusiasts and potential buyers. If you've been eyeing the Tesla Model Y with that incredibly low 1.99% financing rate, time is running out. In this post, we'll dive into when this offer is ending, why Tesla is making this move, and what the future might hold for Model Y incentives. Plus, I'll share some other exciting Tesla promotions and must-have accessories for your new ride. Let's get into it!

The Clock is Ticking: 1.99% Financing Ends June 16, 2025

Tesla recently updated their website to announce that the 1.99% financing offer on the Tesla Model Y All-Wheel Drive (AWD) will officially end on June 16, 2025. This gives you just about three weeks to lock in this amazing rate, which extends up to a 72-month term. Note that this offer applies only to the AWD Model Y, not the rear-wheel drive variant.

If you're considering taking advantage of this deal, act fast! And while you're at it, don't forget to use a Tesla referral code (like the one linked below) to snag three months of Full Self-Driving (FSD) for free with your purchase.

Financing Details and Requirements

Here are the key details of the 1.99% financing offer:

• Eligibility: Available to well-qualified buyers with excellent credit.
• Down Payment: A minimum of 15% is required, but you can use the $7,500 federal EV tax credit as part of the down payment if you qualify.
• Monthly Payments: Estimated at $14.76 per $1,000 financed over 72 months.
• Exclusions: This offer cannot be combined with the $2,000 loyalty incentive but can be paired with other promotions like the America's Heroes $1,000 discount (for students, teachers, active duty military, retirees, first responders, and more) and the referral program.

Shoutout to one of our community members, who shared their experience of putting down $5,000 out of pocket and getting approved for this low rate. If you qualify for the tax credit, you can use that amount toward the down payment, making the deal even sweeter.

Why Is Tesla Ending This Offer?

Tesla often uses time-sensitive promotions to drive sales and push deliveries, especially toward the end of a quarter. With the second quarter wrapping up on June 30th, just two weeks after this financing offer ends, it’s clear Tesla is incentivizing buyers to place orders and take delivery ASAP. A quick look at their inventory shows a significant number of Model Y vehicles in stock, and they’re eager to move these units.

Interestingly, while the Model Y's 1.99% financing has a clear end date, the 0% financing offer on the Tesla Model 3 does not. This suggests Tesla might be focusing on clearing Model Y inventory while keeping the Model 3 promotion open for a bit longer.

What’s Next for Model Y Incentives?

Once the 1.99% financing offer expires, I anticipate Tesla might roll out other incentives to keep sales momentum. We could see inventory discounts on the Model Y, possibly $1,000 to $2,000 off, or even deals on demo vehicles. Looking ahead to Q3 and Q4 of 2025, I expect Tesla to introduce more aggressive promotions, especially as the year-end approaches. If you're holding out for something like 0% financing, a seven-seater Model Y, or a deal on the Model Y Performance, you might see better offers later in the year. However, the Performance variant, being a hot commodity, might not see discounts right away.

What do you think? Are you jumping on this deal now, or waiting for future incentives? Let me know in the comments below!

Additional Tesla Promotions to Consider

Beyond the Model Y financing, Tesla is offering other great deals right now:

• America's Heroes Discount: $1,000 off for students, teachers, active duty military, retirees, first responders, and more.
• 0% Financing on Model 3: No end date specified yet, so this could be a fantastic option if the Model 3 is more your style.
• Referral Program: Use a referral code (check the link below) to get three months of Full Self-Driving for free with your purchase.

Must-Have Tesla Accessories from Jowua

Did you know that your new Tesla comes with zero accessories? Not even a phone mount! Don’t worry, though—I’ve got you covered with some must-have recommendations from our partner, Jowua. These are accessories I personally use and trust:

• Phone Mount: Keep your phone secure during those quick Tesla accelerations.
• Center Console Organizer: Avoid losing small items in the chaos of your console.
• Invisible Under-Screen Station Mount: Perfect for storing sunglasses or other essentials.

Jowua doesn’t stop at the basics. They also offer a wireless game controller that fits neatly in the glove box, a portable air compressor for peace of mind on road trips, and even an electric scooter for those short trips from Superchargers or Level 2 chargers.

Use our promo code (linked below) to save money on your Jowua purchase and support the channel. Plus, get free shipping on orders over $120. Check out their full range of Tesla accessories via the link below!

Join the Community and Support the Channel

If you found this update helpful, consider joining our Patreon group (link below) to support the channel. As a Patreon member, you can schedule one-on-one calls with me, ask questions via DM, or join our exclusive community group where I respond to all inquiries. Your support means the world to me and helps keep this content coming!

Final Thoughts

The end of the 1.99% financing offer on the Tesla Model Y AWD is a bummer, but it’s also a call to action if you’ve been on the fence. With just three weeks left, now might be the perfect time to lock in this rate and take advantage of other ongoing promotions. Looking ahead, I’m confident Tesla will roll out more incentives in the coming quarters, so stay tuned for updates.

What are your thoughts on this financing deadline? Are you planning to order a Model Y before June 16th, or are you holding out for future deals? Drop your comments below—I’d love to hear from you!

Thanks for reading, and I’ll catch you in the next post!

— DennisCW