Tesla's New Incentives: 0% Financing Returns with a Twist

Tesla's New Incentives: 0% Financing Returns with a Twist

Hey everyone, Dennis here from DennisCW! If you're into Tesla deal hacking like I am, buckle up because Tesla just dropped some exciting new incentives that could make your next purchase a whole lot sweeter. In my latest video, I broke down these offers that went live on July 17th, and as predicted, the Model Y isn't getting the same aggressive love as the Model 3. But with 0% financing back on the table for some models, and the $7,500 federal tax credit ending on September 30th, now might be the time to act. Let's dive in!

The Good News: Model 3 Gets the Spotlight

Starting with the star of the show – the Model 3. Tesla is pulling out all the stops to clear inventory, and it makes me wonder if a refresh (maybe with that front camera?) is on the horizon.

• 18 Months of Free Supercharging: This is for cash purchases only – no leasing or financing. A solid perk if you're paying upfront!
• One Free Upgrade: On eligible new inventory vehicles. Think paint, interior, or other options. The price on inventory already reflects the deduction, but it's while supplies last.
• 0% Financing for 60 Months: Available only if you bundle it with Full Self-Driving (FSD). Without FSD, it's as low as 2.49% APR.

Tesla's tying these deals to FSD, similar to what they've done with the Cybertruck. It's a smart push, especially since they're highlighting potential tax deductions on interest (more on that later). If you're buying, don't forget to use a referral code like mine in the description for three months of free FSD!

Model Y: Still Solid, But Not as Aggressive

As I predicted, the Model Y isn't seeing the same fire sale vibes. Remember last quarter's 1.99%? Those days are gone, at least for now, thanks to the looming end of the tax credit.

• One Free Upgrade: Same as the Model 3 – apply it to tow hitches, interior colors, wheels (even the $2,000 ones), or paint on eligible inventory.
• 3.49% APR Financing: Not tied to FSD, which is a plus. But let's do some quick math: On a $50,000 Model Y, you're looking at $4,000–$5,000 in interest over the loan. Factor in potential tax deductions, and you might save around $1,000 – not bad, but banks (or Tesla) come out ahead.
• Leasing as Low as $349/Month: With $3,000 down for a 36-month term. It's down $50 from before, but still not as killer as Q2 deals.

If you're crunching numbers, I'll be diving deeper into the math in upcoming videos. For now, it's a favorable rate, but timing your purchase before September 30th could maximize savings with the tax credit.

Cybertruck and Other Perks

• Free 20-Inch Cyber Wheel Upgrade with All-Terrain Tires: A $3,500 value for inventory lease orders only.
• 0% Financing: Again, bundled with FSD.

Plus, ongoing offers like America's Heroes discount, free FSD transfer, and the free trial are still in play. Tesla's even updated their website with a clean page listing all incentives – super user-friendly!

Why Now? Strategy and Predictions

Tesla knows the $7,500 tax credit is vanishing soon, so they're not going all-in on 0% across the board. It's a calculated move – people will buy to snag the credit anyway. That earlier hype about deducting $10,000 in interest? It's not as groundbreaking as it sounds, especially compared to straight-up low rates. But if you're financing, it could offset some costs.

Q2 might have been the peak for deals this year, congrats to those who jumped in! If you're far from a factory, don't wait – logistics could delay delivery past the deadline. Closer to Texas or California? You might hold out until August or September to see if rates drop further.

Maximize Your Deal: Trade-Ins and Protection

Hunting for the max discount on a new Tesla? Don't forget your current ride. My partners at Give Me the VIN make selling easy from home. Get an offer, negotiate with a consultant for top value, and enter their $25,000 giveaway. Link in the description!

And if you're financing, protect your credit first. With breaches like Bank of America's recent one (they waited a month to notify!), your info could be exposed. That's why I use Aura – today's sponsor. It scans the dark web, reduces spam calls, removes your data from broker sites, and includes $5 million in identity theft insurance. Try it free for 14 days at aura.com/denniscw (link below). Don't apply for that loan without it!

Final Thoughts

These incentives are intriguing, especially with 0% back for Model 3 buyers grabbing FSD. Model Y folks get a decent rate without the bundle, but it's not as sweet as before. What do you think – is this enough to pull the trigger? Drop your thoughts in the comments, and if you're buying, use my referral code for those FSD perks.

Thanks for reading! If you enjoyed this, check out the full video for more breakdowns. See you in the next one – stay charged!

Disclosure: This post contains affiliate links and sponsorships.