Tesla's 0% APR financing deal is back for the Model 3 along with free colors and white interior

The last time Tesla offered a 0% APR financing rate, it was trying to boost the Model 3 sales that suffered from the launch of the new Model Y and from general brand malaise.

The 0% APR financing rate deal on the Model 3 is back now, this time with more generous terms and with some freebies thrown in for a good measure.

Last month, the zero interest rate financing was only valid for the 5-year loan term and with a 15% down payment, despite that sales of the electric sedan had nosedived on the run-up to the Model Y Juniper refresh release.

The Model 3 sales situation may still need greater improvement, as Tesla is now introducing a significantly expanded 0% APR financing deal to acquire one. First off, the zero interest rate financing deal is now valid for all the most popular 3-year, 4-year, and 5-year financing terms.

The Model 3 buyers still need to plunk down at least 15% of the vehicle's price, though they could use the federal tax credit discount as a down payment, says Tesla.

It clarifies that these are "promotional rates valid for well-qualified buyers with excellent credit who order Model 3 after April 24, 2025," leaving the 0% APR financing deal without a deadline, so it may run until the end of the quarter, just like its newly minted free FSD transfer offer.

To sweeten the deal further, those who buy the most expensive Tesla Model 3 Performance version will get $2,000 in options for free. The Deep Blue Metallic and Pearl White multi-coat colors, as well as the black and white interior will be tossed in for free with a Model 3 Performance purchase, each a $1,000 value.

Tesla is giving those options away instead of introducing an outright $2,000 discount like it does for the new Model Y if the buyer is coming from an early legacy model.

The FSD transfer offer, however, remains for those who are coming from an older Model 3 and want to upgrade to the HW4 suite of cameras and computer that will be able to run unsupervised FSD without retrofitting.

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