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%.

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  • Ledericas@lemm.ee
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    1 day ago

    maybe if one is truely from rag to riches they will understand, and not to pretend “im poor and made lots of money” people, that come from well off family but not super rich.

    • 9point6@lemmy.world
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      1 day ago

      Literally no one goes from rags to billionaire.

      That’s just a lie they try to sell so enough people think they could be in the group that benefits one day.

      • Ledericas@lemm.ee
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        7 hours ago

        yea, until thone appears, which it will never.

        its almost always the 2nd point in my original comment, pretending to be poor to look relatable. this was taylor swift shtick for a while when her parents move to Tennessee before her music career was jumpstarted, they think by moving to a “poorer” state will make her look more relatable.