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%.

Non-paywall link

  • Paddzr@lemmy.world
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    1 day ago

    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???

    • Hacksaw@lemmy.ca
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      1 day ago

      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”

      • Paddzr@lemmy.world
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        1 day ago

        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?

        • Hacksaw@lemmy.ca
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          1 day ago

          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.

          • Paddzr@lemmy.world
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            1 day ago

            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.

            • Frostbeard@lemmy.world
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              1 day ago

              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.

              • Paddzr@lemmy.world
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                1 day ago

                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.

    • rbesfe@lemmy.ca
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      1 day ago

      Why are you already committed to buying a used Tesla, years before your current one dies? Why make this comment at all?

      • Paddzr@lemmy.world
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        1 day ago

        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?

    • ThinkBeforeYouPost@lemmy.world
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      19 hours ago

      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”?