In an obvious bid to boost sales, Tesla is offering an irresistible financing deal to customers in its critical Chinese market – but you’ll need to act blazingly fast to take advantage. For a limited time only, the EV maker is tempting buyers with 0% interest car loans.
Here are the nuts and bolts: Chinese customers who order Tesla’s latest Model 3 or Model Y before the end of April can opt for 0% interest financing for 3 years. Even better, there’s a 5-year ultra-low interest option.
To illustrate just how sweet this deal is, Tesla gave a sample scenario – put around $12,000 down on a Model Y and you’re looking at car payments as low as $28 per day, that’s one heckuva bargain for a premium electric vehicle!
Of course, the catch is this promotion’s brevity. end of April, it’ll be back to the same old Tesla financing rules and rates for shoppers in the brand’s. While the limited-time offer is clearly intended to stoke demand amidst China’s shaky economic recovery.