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.

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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    • urandom@lemmy.worldEnglish
      1·
      4 hours ago

      Not a new Tesla. But a used Tesla, if the car is good, why not. The nutsack won’t be getting anything out of it

    • SaintOwlPizza25@lemm.ee
      16·
      24 hours ago

      I’m trying to buy a car, Tesla hasn’t been on the list for good reasons. A Kei truck is very tempting.

        • datavoid@lemmy.mlEnglish
          22·
          19 hours ago

          I dislike Slate based solely on the fact that their video has appeared at the top of my YouTube home page several times, even though I generally don’t interact with videos about cars.

          • crank0271@lemmy.worldEnglish
            3·
            19 hours ago

            Point taken but it reminds me of an old proverb: hate not the player, as the game is that which should be despised.

            I appreciate that it’s the first different take on an EV or cars in general since, well, Tesla? The customizability options, low starting price, and they’ve done some fun marketing stunts so far. There may be plenty of reasons to be skeptical about it and perhaps it’ll even flop or be ghostware, but (the option for) a non-fastback crossover SUV with physical buttons has me, again, hopeful.

      • Ledericas@lemm.eeEnglish
        2·
        6 hours ago

        people liked the ioniq 5, my parent is driving a leased ioniq 5. the only thing is the flimsy looking door handles, why cant they just make a normal handle.