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forum thread Posted by PowerClerk • Mar 4, 2025
forum thread Posted by PowerClerk • Mar 4, 2025

Tesla Model 3 - 0% APR or $0 Due at Signing - $42490

$42,490

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Tesla has introduced 0% APR financing for new Model 3 orders in the US (i.e. borrower does not have to pay any interest on the loan amount).

Applies to new orders placed on or after March 3rd and to loan terms of 60 months. You get a 0.99% rate on 72 month term loans.

Tesla lets you choose if you want 0% APR with a 15% down payment, or $0 due at signing with a 0.99% APR on a 60 month loan.

https://www.tesla.com/model3
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About the Poster
Tesla has introduced 0% APR financing for new Model 3 orders in the US (i.e. borrower does not have to pay any interest on the loan amount).

Applies to new orders placed on or after March 3rd and to loan terms of 60 months. You get a 0.99% rate on 72 month term loans.

Tesla lets you choose if you want 0% APR with a 15% down payment, or $0 due at signing with a 0.99% APR on a 60 month loan.

https://www.tesla.com/model3

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50 Comments

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Mar 4, 2025
710 Posts
Joined Oct 2014
Mar 4, 2025
n3f3libata
Mar 4, 2025
710 Posts

Our community has rated this post as helpful. If you agree, why not thank n3f3libata

https://insideevs.com/news/751665...ease-deal/

Tesla owners can get $20,000 off of a Polestar 3 Lease
2
7
Mar 4, 2025
1,247 Posts
Joined Dec 2005
Mar 4, 2025
Mr.Le
Mar 4, 2025
1,247 Posts
what about the model Y and are they subtracting the $7500 (fed tax credit)off the sticker price like last year.
Mar 4, 2025
7,515 Posts
Joined Oct 2008
Mar 4, 2025
RumbleTheBison
Mar 4, 2025
7,515 Posts
The potential of 0% or basically 1% interest is amazing. My issue? It still isn't going to put this vehicle in the hands of the masses as the base is $40k~. There's many other electric vehicles in the $30k~ range that I'd consider vs paying $40k~ over 5-6 years.

Big cost to weigh. Shoot, even the cost of gas vs electricity doesn't play into an argument when an electric vehicle is starting at $40k and an ICE can still be had for $20k....
Mar 4, 2025
357 Posts
Joined Aug 2011
Mar 4, 2025
NSA
Mar 4, 2025
357 Posts
Does anyone know what the typical cost is to install a charger in your house? I wonder if there are electricians who specialize in that? I see neighbors with cables snaking out of their garage.. it tends to look kind of lame, but I am not sure if there is a way around that (other than, I guess, not filling your garage with slickdeals and actually parking in your garage...).
3
Mar 4, 2025
984 Posts
Joined Aug 2011
Mar 4, 2025
Chargr
Mar 4, 2025
984 Posts
Quote from NSA :
Does anyone know what the typical cost is to install a charger in your house? I wonder if there are electricians who specialize in that? I see neighbors with cables snaking out of their garage.. it tends to look kind of lame, but I am not sure if there is a way around that (other than, I guess, not filling your garage with slickdeals and actually parking in your garage...).

It depends how far your install location is from your electrical panel. If it's right next to it. It should be around the $400-600 range in CA. 20ft can be 1k+
1
Mar 4, 2025
106 Posts
Joined Aug 2005
Mar 4, 2025
HTTP404
Mar 4, 2025
106 Posts
At this point any interest discounts are lame offers. If we are looking at a slowdown in the economy rates will tumble soon and Tesla will pocket that money. Stay away from this offer & wait for cash discounts.

This is the typical tesla BS (coming from a model 3 owner).
Mar 4, 2025
375 Posts
Joined Aug 2009
Mar 4, 2025
TShirtNinja
Mar 4, 2025
375 Posts
is this good car?
1

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Mar 4, 2025
1,273 Posts
Joined Dec 2005
Mar 4, 2025
alphawave
Mar 4, 2025
1,273 Posts
Quote from n3f3libata :
https://insideevs.com/news/751665...ease-deal/ [insideevs.com]

Tesla owners can get $20,000 off of a Polestar 3 Lease
That deal ended Feb 28 according to that article.
Mar 4, 2025
199 Posts
Joined Apr 2011
Mar 4, 2025
Minsc
Mar 4, 2025
199 Posts
oh ok nm
Last edited by Minsc March 9, 2025 at 07:52 PM.
1
Mar 5, 2025
481 Posts
Joined Mar 2007
Mar 5, 2025
kipper99
Mar 5, 2025
481 Posts
Quote from Minsc :
Not a Hot Deal, it's MSRP with a very common sales tactic.

Google "0% APR Car Deal" and you will find 14+ other companies doing it this month alone, alphabetized from Acura to Volkswagon.
Exactly, but I guess Tesla is getting desperate anything goes lol
4
Mar 5, 2025
481 Posts
Joined Mar 2007
Mar 5, 2025
kipper99
Mar 5, 2025
481 Posts
Quote from PowerClerk :
Tesla has introduced 0% APR financing for new Model 3 orders in the US (i.e. borrower does not have to pay any interest on the loan amount).

Applies to new orders placed on or after March 3rd and to loan terms of 60 months. You get a 0.99% rate on 72 month term loans.

Tesla lets you choose if you want 0% APR with a 15% down payment, or $0 due at signing with a 0.99% APR on a 60 month loan.

https://www.tesla.com/model3

Trying to safe the quarter? Doubt this will help though
Mar 5, 2025
2,138 Posts
Joined Sep 2022
Mar 5, 2025
norcal007
Mar 5, 2025
2,138 Posts
Quote from n3f3libata :
https://insideevs.com/news/751665...ease-deal/ [insideevs.com]

Tesla owners can get $20,000 off of a Polestar 3 Lease
Polestar? That turd has lost massive millions and sales are dismal. Factor in the slowdown of the EV market and it's headed to oblivion. That stock is worse than a steep downhill ski slope.
3
Pro
Mar 5, 2025
1,581 Posts
Joined Feb 2008
Mar 5, 2025
rotorrocket
Pro
Mar 5, 2025
1,581 Posts
Quote from TShirtNinja :
is this good car?

Absolutely! There are lots of upgrades from my previous 2022 M3. DM me if you have any questions.
2
Mar 5, 2025
1,457 Posts
Joined May 2008
Mar 5, 2025
Cozz
Mar 5, 2025
1,457 Posts
Quote from kipper99 :
Model Y currently discounted up to $7k, plenty of topics on Sleakdeals with discounts, and why it's matters what kind of discount it is.
Never new Model 3 is best selling car in the world, do you have a proof?
I would think under EV class, which has always been one of the best sellers around. I think it came in 2nd behind the Model Y. Or at least in the US.

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Mar 5, 2025
481 Posts
Joined Mar 2007
Mar 5, 2025
kipper99
Mar 5, 2025
481 Posts
Quote from Cozz :
I would think under EV class, which has always been one of the best sellers around. I think it came in 2nd behind the Model Y. Or at least in the US.
In the US? Best selling is RAV4, 100k ahead of Model Y

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