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RWD Tesla Model Y Long Range .99% APR for 72 months $399.00

$399.00
-64 Deal Score
56,423 Views
$4,250 (9%) down, 0.99% APR, 72 months
Valid on Model Y orders placed between May 10 to May 31, 2024 for well qualified customers

https://www.tesla.com/modely/design#overview
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Created 05-10-2024 at 08:08 PM by ronimal
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Joined Jun 2015
L5: Journeyman
> bubble2 574 Posts
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jnmjy
05-12-2024 at 12:47 PM.
05-12-2024 at 12:47 PM.
Quote from bheeshmawarrior :
still referral bonus we do get on buying a new model Y car?

Nope. Tesla is no longer doing the referral bonus
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Joined Jul 2009
L5: Journeyman
> bubble2 725 Posts
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mak101
05-12-2024 at 12:49 PM.
05-12-2024 at 12:49 PM.
I bought it with cash last month, can I refinance with them at this rate?
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Joined Nov 2013
L7: Teacher
> bubble2 2,186 Posts
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elpablolv
05-12-2024 at 12:55 PM.
05-12-2024 at 12:55 PM.
Quote from jnmjy :
I had the same question.

Damships and Beario a few post up answered our question and how to get around the deposit.
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Joined May 2007
L6: Expert
> bubble2 1,615 Posts
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coldteadodd
05-12-2024 at 12:56 PM.
05-12-2024 at 12:56 PM.
Quote from mak101 :
I bought it with cash last month, can I refinance with them at this rate?
Sell the car and buy a new one.
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Joined Nov 2013
L7: Teacher
> bubble2 2,186 Posts
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elpablolv
05-12-2024 at 12:56 PM.
05-12-2024 at 12:56 PM.
Quote from mak101 :
I bought it with cash last month, can I refinance with them at this rate?

New purchase only.
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Joined Dec 2010
Loading... ... .
> bubble2 54 Posts
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Bookbag
05-12-2024 at 01:46 PM.
05-12-2024 at 01:46 PM.
Quote from jailer1 :
Seems like the beginning of the end on this. I applaud the effort, just not quite prime time for this technology.

I've had my 2018 Tesla Model 3 for 6 years…the car has been flawless. I currently have over 130,000 miles. Plan is to take it to 400,000miles or 600,000miles. Best car I've ever driven.

Seems like it's just the beginning, Tesla will continue they have plenty of cash. They are in a better place financially than the majority of vehicle manufacturers.
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Last edited by Bookbag May 12, 2024 at 01:52 PM.
Joined Mar 2007
L4: Apprentice
> bubble2 300 Posts
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kipper99
05-12-2024 at 02:24 PM.
05-12-2024 at 02:24 PM.
Quote from pookguy88 :
with that in mind, is there any reason to suspect they/Tesla would screw you on the numbers by buying online (compared to in the showroom)?
People reported that trade in value changed between an initial offer and a final appraisal, so if you walk away you are out $250 order fees.
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Joined Oct 2009
L3: Novice
> bubble2 745 Posts
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Hexum944
05-12-2024 at 03:28 PM.
05-12-2024 at 03:28 PM.
How many miles are you Y owners getting before needing new tires?
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Joined Dec 2023
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> bubble2 16 Posts
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HappyMint802
05-12-2024 at 03:55 PM.
05-12-2024 at 03:55 PM.
So how do the Tesla financing deal with negative equity? If the tax credit is applied point of sale, does that count at all to paying down the negative equity? As in let's say you trade in a car you owe $5k on, the $7500 is applied at sale. Does that mean that you still need to cover the $5k difference or is the credit like you're paying cash and you're good to go?
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Joined Feb 2023
L2: Beginner
> bubble2 30 Posts
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CyanFriction367
05-12-2024 at 04:12 PM.
05-12-2024 at 04:12 PM.
Quote from Hexum944 :
Difficult choice knowing the updated Y will be out probably within a year. Looking at the new 3 for what Tesla will include in the new Y. But if we wait for the new Y, the interest rate probably won't be 0.99% and may not qualify for the $7,500 tax credit, and Tesla may raise the price of the vehicle.
This is my predicament too, on top of that the Colorado EV credit goes from $5k to $3.5k next year, so at best it'll be $1500 more for me.

Who knows, if Trump gets elected, he'll do everything he can to get rid of the $7500 incentive altogether, and subsidize gas more. That'll blow up the EV market.

On the other hand, how much cheaper can these get and how much could you even lose on a $42k car like the model y. They're selling several years old with 10s of thousands of miles for seemingly very little off the cost of a new one.

I don't need all you morons throwing out hertz stuff, their cheapest model y is $35k and comes equipped with the essence of a thousand asses (used as a Uber rental). Or some bullshit cargurus search where seedy lying used car dealerships. CarMax and Carvana have model ys in the 35k +/- 5k depending on year and milage.
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Joined Nov 2013
L2: Beginner
> bubble2 29 Posts
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brown1978
05-12-2024 at 04:16 PM.
05-12-2024 at 04:16 PM.
Quote from Bookbag :
I've had my 2018 Tesla Model 3 for 6 years…the car has been flawless. I currently have over 130,000 miles. Plan is to take it to 400,000miles or 600,000miles. Best car I've ever driven.

Seems like it's just the beginning, Tesla will continue they have plenty of cash. They are in a better place financially than the majority of vehicle manufacturers.
Same here had my mid-range model 3 for 6 years and after 111k miles, zero issues. Battery still charging to about 90%. Just bought my 3rd set of tires. Best car I have owned.

In the time that I have owned the car, PG&E has raised the price from .13kw to .35kw. At this rate in a couple of years there will be no gas savings.
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Joined Feb 2023
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> bubble2 30 Posts
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CyanFriction367
05-12-2024 at 04:16 PM.
05-12-2024 at 04:16 PM.
Quote from HappyMint802 :
So how do the Tesla financing deal with negative equity? If the tax credit is applied point of sale, does that count at all to paying down the negative equity? As in let's say you trade in a car you owe $5k on, the $7500 is applied at sale. Does that mean that you still need to cover the $5k difference or is the credit like you're paying cash and you're good to go?
The way it was explained to me is the $7500 could be used as part of the down payment and tax, but they have a target loan to value ratio. So, I was told, it's likely id have to pay the difference between $7500 and down payment + tax. I'm guessing you'll get a higher percentage or they might not be able to finance more then 100% of the new car value minus the down payment.
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Joined Feb 2023
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> bubble2 30 Posts
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CyanFriction367
05-12-2024 at 04:40 PM.
05-12-2024 at 04:40 PM.
Quote from brown1978 :
Same here had my mid-range model 3 for 6 years and after 111k miles, zero issues. Battery still charging to about 90%. Just bought my 3rd set of tires. Best car I have owned.

In the time that I have owned the car, PG&E has raised the price from .13kw to .35kw. At this rate in a couple of years there will be no gas savings.
Honest question, why don't you get solar? With those types of prices, even without an EV, you're probably paying $300+ a month if you are being frugal in a small home, when it's not super hot out! If you finance through Tesla solar, at a meh rate of 7.75% and pay down the load using the tax credits, you can get a 17kw system for 271 a month, which sounds like your break even period is practically right away.

In Colorado we have 7¢/kwh from 7pm-1pm, then 15¢ 1pm-3pm, and 23¢/kwh 3pm-7pm. It's a little whacky but we just do all our laundry n stuff after 7pm and pretty easy to charge an EV 7pm-1pm for the vast majority of people. Last month we used about 500 kwh and paid like $75. Solar just doesn't make financial sense to us, but we exist in a different universe from Californians.
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Joined May 2015
L7: Teacher
> bubble2 2,230 Posts
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AlexK6706
05-12-2024 at 05:09 PM.
05-12-2024 at 05:09 PM.
Quote from pcrh :
Agree with most of these points.

If you have solar or cheap off peak electric rate economy gets even better.

My model 3 was the most reliable car I've ever Owned. Repair costs of $1500 over 5 years and 108k miles.

Compared to previous cars repair costs Parity with a Lexus ct200h, less than the toyota Rav 4. Less maintenance visits/time than both.
That excludes replacing tires once for each car in 100k miles.

Depreciation -Just sold it for 50% cost of a new one.
I have mazda 6 and my repair costs are $53 over 85k miles.
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Joined May 2015
L7: Teacher
> bubble2 2,230 Posts
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AlexK6706
05-12-2024 at 05:12 PM.
05-12-2024 at 05:12 PM.
Quote from Petegking :
Man… all these people downvoting an actually great deal because the guy put the wrong pricing.
Way to totally ruin the point of this website.
Talk about self sabotage lol
Might as well assume that you drive 1 000 000 miles in a semi and your gas savings in model Y would be $150 000 000 a year.
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