Tesla Model Y 1.99% Financing: When to Expect It and More Tesla Updates

Hey everyone, welcome back to another update from DennisCW! I’m thrilled to have you here as we dive into some exciting Tesla news, focusing on the much-anticipated 1.99% financing for the brand-new Tesla Model Y Rear Wheel Drive (RWD). We’ll also cover a range of other topics, from inventory updates to Cybertruck theories and more. So, let’s get started!

Tesla Model Y Rear Wheel Drive: 1.99% Financing Timeline

The Tesla Model Y RWD, the most affordable variant, was just released a couple of days ago, and the buzz around potential 1.99% financing is real. While the offer hasn’t hit yet, I’ve got some insights and predictions on when we might see it roll out.

Current Delivery Estimates: For a base Model Y RWD in Stealth Gray, Tesla’s website shows a delivery range of 3 to 5 weeks in California. This pushes us to late June or even early July if there are delays.
My Prediction: Based on Tesla’s past patterns, I’m guessing the 1.99% financing could arrive as early as June 1st (best-case scenario) to close out Q2 with a bang. A middle-case scenario points to July, and a worst-case might stretch to August, mid-Q3.
Why the Wait?: Tesla typically waits for deliveries to start before rolling out financing promotions. We might see higher-end RWD trims (like red paint options) delivered first, with promotions following once inventory and demand stabilize.

Unfortunately, there’s some bad news for those hoping to stack deals. The $2,000 loyalty offer, available on the All-Wheel Drive (AWD), cannot be combined with the 1.99% financing and isn’t even offered on the RWD at this time. This suggests Tesla believes demand for the RWD is strong—especially since it offers more range than the AWD for a lower price.

What do you think? When do you expect the 1.99% financing to drop for the Model Y RWD? Drop your thoughts in the comments!

Model Y Inventory and Discounts

Speaking of inventory, we’re seeing a buildup of Model Y AWD units on Tesla’s website—518 to be exact. This could indicate production outpacing demand, which often leads to incentives. While there are no major inventory discounts just yet (only minor $500-$600 off recently), I expect more demo vehicle discounts and Model Y price cuts in mid-May or as we approach the end of Q2 in June.

For deal hunters, don’t forget to check out my deal spreadsheet linked below for the best Model 3 and Model Y discounts—some as high as $5,600 off! And before you buy, use my Tesla referral code for 3 months of Full Self-Driving (FSD) on your new ride.

Other Tesla Updates

Tesla Workshops and Autopilot Rumors

Tesla is rolling out workshops to help owners learn about the latest features—pretty cool if you want to dive deeper into your vehicle. On a more speculative note, there’s a theory floating around (thanks to Christian Ported) that Tesla might phase out Autopilot entirely, focusing solely on FSD as a paid feature. This would be a bold move since Autopilot is a major selling point for highway driving. What are your thoughts on this potential shift?

Cybertruck Challenges

I’ve got mixed feelings about the Cybertruck. I drove one for 150 miles recently and loved the comfort and ease of driving—it’s honestly smoother than my Model Y! I highly recommend a test drive or a 2-day demo if you can. However, there are concerning signs:

Autopilot isn’t coming to Cybertruck.
The $16,000 range extender (for 445 miles) was canceled.
Missing features like adaptive matrix headlights and less refined FSD compared to other models.

Some fans speculate a 500-mile battery might be in the works, but at what cost? I’m curious to see what incentives Tesla might offer by year-end to boost Cybertruck sales. Are you still in the market for one? Let me know!

Used Tesla Deals Under $25,000

Great news for budget buyers! Tesla has dumped a ton of used inventory on their site, with many vehicles under $25,000 qualifying for the $4,000 used EV tax credit (income limits: $75K single, $150K married). Some even come with 3 months of FSD, free Supercharging, and Premium Connectivity. Prices start as low as $18,900, though financing rates are high at 8.19%. If you’re paying cash, these are steals—but for high-mileage cars, I recommend a warranty like Amber (more on that below).

Rivian Special Edition in Inventory

Tesla isn’t the only one with inventory piling up. Rivian’s special edition Dune (R1S and R1T) is now available in inventory for quick delivery, priced between $99,000 and $106,000. While I love the bone white color (maybe a future Cybertruck wrap idea?), the high price tag limits the market. If you’re interested, use a Rivian referral code (linked below) to save. Would you buy one at this price? Let me know!

Protect Your Credit Before Financing

If you’re planning to finance a Tesla, protecting your credit is a must. Data breaches, like the recent Bank of America incident, can expose your info for months before you’re notified. That’s why I use Aura, today’s sponsor, to monitor the dark web for my personal data, reduce spam calls, and remove my info from shady broker sites. Aura also offers up to $5 million in identity theft insurance—all in one easy app. Try it free for 14 days at aura.com/denniscw (link below). Don’t wait until it’s too late—protect your credit now!

Must-Have Tesla Accessories

Did you know new Teslas come with zero accessories? Not even a phone mount! That’s why I’ve partnered with Jowua to bring you essentials like phone mounts, center console organizers, and my favorite—an underscreen storage mount for sunglasses. They’ve also got cool extras like wireless game controllers and portable air compressors. Use my promo code below for a discount and free shipping on orders over $120. Check them out!

Warranty for Used Teslas with Amber

Buying a used Tesla? Don’t skip a warranty. My partner Amber offers month-to-month coverage for your Tesla—think Apple Care but for your car. Starting at just $65/month for the Basic plan, it’s a no-brainer compared to upfront costs of $4,000-$6,000 with other providers. Get a no-obligation quote via the link below.

Final Thoughts

There’s a lot happening in the Tesla world right now, from the Model Y RWD financing speculation to Cybertruck concerns and killer used car deals. I’m curious to hear your take on all of this. When do you think 1.99% financing will hit? Are you eyeing a Cybertruck or a Rivian? Drop your comments below, and don’t forget to like, subscribe, and check out my Patreon for the ultimate Tesla buying guide and one-on-one calls.

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

Links & Resources:

Tesla Model Y 1.99% Financing: When to Expect It and More Updates