Tesla is starting the new year with strong sales incentives: the popular 0% financing for the Tesla Model 3 and Tesla Model Y has been extended in China, and additional discounts on existing stock vehicles from the Model Y introduced. These measures are aimed at increasing sales figures in the highly competitive Chinese market and maintaining momentum until 2025.
Extension of 0% financing until January 2025
On December 24, the Tesla on its official Weibo pagethat the 0% financing will be extended until January 31, 2025. The program was originally due to expire at the end of 2024, but continued demand prompted the Tesla, to extend the campaign.
Details of the funding:
- Applies to the two cheapest variants of the Model 3 and Model Y.
- Minimum deposit: ¥79,900 (approx. USD 10,900).
- Term: 5 years without interest surcharge.
The offer, which was launched in April 2024, has proven to be extremely effective in attracting buyers. With the extension into the new year, there Tesla customers more time to benefit from this attractive financing option.
Additional discount for Model Y buyers
In addition to financing Tesla offers a new incentive for buyers of stock vehicles and showroom models of the Model Y. Buyers of the two most affordable variants - rear-wheel drive (RWD) and all-wheel drive long range (AWD) - receive a discount of ¥10,000 (approx. USD 1,370) on the final payment.
Important conditions:
- Applies to existing stock vehicles and showroom models only.
- Excludes customized orders, demonstration vehicles and certified pre-owned vehicles.
This discount builds on a previous promotion that offered the same discount for orders placed before December 31. With the focus on stock vehicles Tesla however, shows a clear strategy that reduce stock levels and to maximize delivery figures at the end of the year.
Why these measures now?
China is one of the most important markets for Tesla, but also faces strong competition from local manufacturers such as BYD. With the extended financing options and additional discounts, the company is responding Tesla to the increasing demands of the market and addresses possible seasonal declines in orders.
Conclusion: Tesla Makes it easier to get started
With the extension of 0% financing and the new discounts, the Tesla, shows how flexible and customer-oriented the company is. For buyers in China, this is the perfect opportunity to get a Tesla Model 3 or Tesla Model Y and benefit from attractive price advantages. It remains to be seen whether Tesla this strategy spreads to other markets.
Keywords: Tesla, Tesla Model Y, Tesla Model 3, Tesla Accessories, Tesla Store, Shop4Tesla, Tesla News, Tesla Financing, 0% financing China, Tesla Model Y Discount, Electric car China
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