Tesla is already offering low 1.99% financing on six-year loans for customers looking to buy the $48,990 long-range, all-wheel-drive Model Y, the series production version of the newer car that debuted in early April. Gone are the days when Tesla had to keep hiking prices to avoid being hopelessly swamped by demand. Now CEO Elon Musk has to fight for every new customer.
Just weeks after the launch of the Model Y refresh, a slightly newer version of the five-year-old crossover, Tesla informed buyers on Sunday they can already have the car at a discounted financing rate. Interested buyers can qualify for a six-year loan at 1.99% if they put down $3,999 for the purchase of a long-range all-wheel-drive version. By contrast, financing rates for some of Tesla’s upscale models top 6%.
No thanks Leon Hitler, you can shove your vehicles where the sun does not shine. I will stick with my Leaf and it will not burn down my garage.
I’m constantly floored that institutional investors are keeping the TSLA stock price from cratering. They dont think of the pressures on the brand like we do. I think they are pricing in future patronage by trump.
i suspect PUTIN/msb/qataris are sitll keeping the stocks afloat too.
Offering low interest rate finance is not a “discount” lol
Yes it is. Low interest rates are literally a discount on high interest. Lower interest reduces the overall cost of the loan by a shitload.
Interest is an increase in price*. Lower interest isn’t a discount, it’s a smaller increase. Calling it a discount is like punching you instead of stabbing you and calling it nonviolence.
*In exchange for better payment conditions, but that’s not relevant to the point.
I’m really not sure you understand how discounts work. Or interest rates.
Tesla’s do not come with interest. Interest that you get by taking out a loan to purchase one is a price increase. You’re paying more. A lower interest rate doesn’t mean you’re getting a discount, it just means that you’re only paying a smaller amount increase. The car itself is still the same price it was before - what is changing is how much extra interest you’re repaying on top of the cars price. The interest isn’t on the car’s price, it’s on the amount of money you borrowed.
You’re just playing semantics. Lots of customers finance cars. Before the “discount” they had to pay $X/month, now they pay $(X-discount)/month. They literally pay less each month because of the discounted, subsidized rates. It’s a discount for folks that finance through Tesla. I’m not sure why you think you’re the only person that understands the simple concept of interest here. You’ve just decided that the definition of discount only applies to MSRP arbitrarily. Is a point of sale tax credit not a discount either?
You’re just playing semantics.
I’m playing semantics? I’m not the one saying that a lower interest rate is a discount. An interest rate is by itself a price increase, not a discount. The interest rate is on the LOAN, not on the car. The car is the same price as it was. The LOAN is always more than the price of the car.
This is like saying that you get a “discount” if you pay the RRP in cash. You don’t, you’re just not paying interest on a loan. It’s not a discount.
I’m not sure why you think you’re the only person that understands the simple concept of interest here.
Because you guys calling this a “discount on the price of the new model Y” clearly don’t lol. It is a simple concept, yet you guys are showing again and again that you don’t get it. When interest rates on mortgage decrease you don’t say “house prices have just been discounted!”, do you?
If you gave me a Model Y for free, I’d take it to the junkyard and have it crushed, just to make sure no one drives that shit.
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The only reason I’d be caught driving a tesla is if it had a completely true bumper sticker that said “I bought it after he blew his brains out.”
A swastikar will park in front of my house when I get groceries on Sunday and I HATE IT. I don’t want anyone thinking that’s our dumpster or going to vandalize it and accidentally hit my sweet cute lil car. 🤬
$3k, $5k, $20k. What’s democracy mean to you?
I say let’s make him the next Juliani.
He thought he could be Henry Ford, but Ford was a bit less overt in his Nazism. And, it should be remembered, Ford almost destroyed the company before being forced out by his own family. There are downsides to one man being the image the public has of a company.
family guy did made cutscenes of FORD, and his obsession with using his vehicle against jews.
The Tesla brand is dead to me. In 2018 I wanted a Tesla EV but when in came time to buy a new car (2024), I got a BMW instead. In 2018 I wanted a Tesla Powerwall but I just bought a Jackery system instead. Between the two, that’s well over $100k lost to Tesla from that purchase. Countless more given that I will never buy anything Tesla ever. I won’t even ride an Uber/Lyft if the driver is on a Tesla.
i think it was dead since fall of 22-23.
The fact he dismantled all the agencies overlooking tesla safety weighs in to his overtime fascism.
Even if replaced as CEO and fully diverted from Tesla, I don’t think I could trust their safety going forward.
50k is way too expensive for a car in 2025.
BYD sells theirs for 12k.
Bring them to the US or compete you fucking nepobaby fascists.
Prices in China:
BYD Atto 3: 16k USD.
BYD Seal: 25k USD.
Tesla 3: 32k USD.Prices in Germany:
BYD Atto 3: 33k USD.
BYD Seal: 45k USD.
Tesla 3: 46k USD.Comparing prices like you do just looks like bad faith. And I’m not saying this to support Tesla but to highlight that there is some serious BYD shilling going on here.
You want Tesla to compete? I guess the US already has prison slave labour and reduced safety measures for Teslas, it’s just missing some billions of US tax money flowing in and you got what you wished for.
Not a good idea? But China doing exactly that is OK, because US bad equals China good?
Maybe putting tariffs on chinese imported EVs (like the EU does) is the reasonable thing to do to protect your own industry and jobs.
I mean… if you want a 12k car you can have a 12k car, but don’t expect it to be as good as a 50k car, even if the 50k car is only as good as a 40k car.
Edit: But also the new Y RWD is going for like 38k after rebates, so it’s not even a 50k car.
A Tesla probably has more issues out of the factory than my 2001 RWD Toyota Tacoma which is rust bitten because it was owned by a water company on the coast. That is to say a Tesla is barely worth its weight in scrap.
I’d say it really depends on the factory here. I’ve heard some very bad things about the US-based ones though
Most of its issues are design and engineering related. Over use of computer systems and a fucky if functional body being the most obvious issues, then there’s the fact that I’m pretty sure they allow way to much power into the battery. Those three things alone are enough for me to question its worth since if one fails the others won’t help, let alone shit like the doors.
28k value at best. It’s a damn Tesla not some spaceship with the ability to be your housewife.
You think a Tesla is only as good as top trim Corolla sedan?
Edit: To be clear, I’m not knocking the Corolla, it’s a great car.
Well the Corolla will be built better, for sure.
The 12k BYDs are better build quality than Teslas
What can a Tesla do that a BYD can’t?
OP was talking about a 12k BYD vehicle.
If you want to get a similarly priced BYD you can get similar features, but in terms of that 12k car OP wants
A model 3/Y has
bigger battery (more range)
better sound system
more HP/Torque
more storage capacity
more airbags
multi zone climate control
bigger touch screen
I’m sure the list goes on and on. You get what you pay for.
Edit: I think the BYD Seal is the model 3 competitor in price/features.
I wouldnt drive a Tesla if they paid me to drive it.
better a broke bitch than a fascist
they are death traps, even thier regular models are lacking QC in many places. there is a reason you never hear people buying a used one. i only heard of a Clout chaser doing this once.
In the highly saturated market of the South Bay in California, word of mouth was that it was better to buy a 1-year-old Tesla because then someone else spent the time and money to sort out the most obvious production defects. I don’t know if people are still buying them at all, though.
Lol
I’ll continue to drive mine. I’ll get a used one once I drive this one into the ground.
If you want to make political stance and go for inferior car? Go right ahead. I don’t give a shit what some CEO does. I’m sure all of you stopped playing blizzard games and avoid everything owned by nestle and for sure aren’t recommending cars running literal slaves camps, right???
You sound like an insufferable loser. Are you also terrible at video games?
Why are you already committed to buying a used Tesla, years before your current one dies? Why make this comment at all?
Because I’ve test driven what’s out there right now. Nothing comes close to my old Tesla and I’m not going to buy a new car from a different brand when used model 3 of the current models will be better value.
People genuinely are ignorant to how advanced the Tesla system is vs the competition. I’m very fortunate to live in dealership hotspot and I’ve driven plenty. Be it byd, kia, Hyundai, Volvo, polestar, mg etc. (Fun thing to do over weekend to kill an hour).
Tesla’s from 2018 are genuinely better than competitors coming out right now. You add the better battery and heat pump from 2021 and your efficiency is basically as good as it gets. I’ve driven enough in my car to understand what makes for a good “range”. It’s all about that efficiency. The latest model 3 is a minor improvement, but still one I’ll happily upgrade to in 5 years time or so when I get close to 170k miles.
But hey, that cybertruck! Or earlier models panel gaps! It’s such useless noise bashing what is the best car anywhere near that price.
Maybe Merc’s, lucid and Rivian have it beat, but they aren’t available here or more than double the cost…
I hope it makes sense. I get outrage at Musk coming from valid places, but I’m not letting a twat ruin something for me. He has more money that god, me buying used car has next to no impact. So why bother?
What a weird thing to say! It must be fun living in your goof troop world with the other morally bankrupt incels.
Do you lie to women and say, “I’m not interested in politics”?
Inferior car? Tesla has some of the weakest reliability metrics in the industry which is shocking considering electric drivetrains are far more reliable than ICE.
Modern electric car manufacturing has far surpassed what Tesla can provide at any price point (range, reliability, comfort, you name it) unless you still believe FSD is coming in “just 2 more years bro, and it’ll be free and backwards compatible”
That’s why Tesla has the most cars on the road, the best efficiency, one of the best safety ratings and has countless of people getting +200k miles on them, right? If only we had all these exmples…
You’re gonna pull one of two things, random examples of defect, because no other car has does or BUT CYBERTRUCK THO???
So which one is it?
None of those. I don’t disagree that they USED TO BE the best electric cars.
But that’s in the past. There are very few markets where Tesla has the most market share anymore in 2025. It’s not just because of protests, they’re just not that great compared to the competition anymore. The trend has been worsening for years and Tesla hasn’t brought anything new to counter it.
As I said in my other comment. I’ve tried so many other cars… Unless there’s a car I’m not aware of / got no access to, I strongly disagree. Tesla didn’t release any major updates and they’re still ahead.
Well, I strongly disagree. The metric for complaints and outright hostile customer treatment from Tesla is far larger for any competitor. Even taking into account how many cara they sell. I tries an model 3 and a Y and they did not feel superior to the Kia EV6, Mustang eMach, Hyundai iOniq 5 or tbe ID4, and I did not even look at Chinese cars, or what you call premium from MB, BMW or Audi. I am looking forward to the Mazda e6 and the Ioniq 9 tbh. I have had a Mazda6 2.2L estate for years as a second car and have been satisfied with the performance.
I’m curious to see what Mazda does with a real EV. Their current line up is a joke. I think only Jaguar made a worse EV.
As far as the cars you mentioned? I find it very hard to believe you found those cars to drive better than Tesla. Hell, the Mustang is one of my least enjoyable cars to drive to a point where MG 4 handled and drove better than that mess. The regen even at max is just too weak, their cruise did not handle dual cariageway well, let alone A roads… And really? A VW? Yeah, now you’re not even being serious. They got slammed for being outdated and peddling the same shit for years. There’s more to cars than just drive forward, especially at those prices…
Audi, again, it lacks. It’s a ice brand not adapting to what EV world is and it shows. If you want ice car with battery? Fine, but don’t go and compare it to EVs without talking about the EV part. It’s a shitty representation of someone actually living with the car.
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This comment reads like aggressive cope
“car company discounts car” is not a news story. “Fucking Nazi car company discounts car” sort of is.
new headline:
“proven nazi, elon musk, discounts overpriced cars to make people forget he’s a nazi”
But they didn’t discount the car, just the finance rate, so yeah, not a news story.
If they use in-house financing (which most car companies do) they’re still losing money overall. And it is indicative that they’re feeling the squeeze so that’s nice to know.
People that finance literally will pay less each month for the car. I don’t understand the semantics game here to avoid calling this a “discount”. If you pay less each month it’s ok to call it a discount. I’d argue neither scenario justifies a news story, but the Tesla demand cliff is trendy (justifiably so of course, fuck Nazis) so here we are.
