Tesla Offers 0% APR for 72 Months on 2026 Model Y

Tesla's Best Model Y Deal Just Got Better

Updated March 9, 2026: Tesla has expanded the 0% APR offer and removed the down payment requirement. See details below.

Tesla is offering 0% APR financing for 72 months on the 2026 Model Y — both the RWD and AWD configurations. That's six years of interest-free payments on Tesla's most popular vehicle.

This is one of the most aggressive financing offers Tesla has ever made, and it comes at a time when the refreshed 2026 Model Y (codenamed "Juniper") is generating strong demand.

What's Included (Updated March 9)

• 0% APR for up to 72 months (6 years)
• Available on the 2026 Model Y RWD and 2026 Model Y AWD
• No down payment required on the RWD configuration (previously required 5% down)
• Excludes Model Y Premium/Performance trims
• Available for deliveries in March 2026 (deal expected through March 31)

Stack It With a Referral Code

Here's where it gets interesting for buyers: this financing offer stacks with Tesla's referral program. When you use a referral code at purchase, you currently receive 3 months of Full Self-Driving (Supervised) at no extra cost.

That means you can get:

• ✅ Interest-free financing for 6 years
• ✅ 3 months of FSD Supervised included
• ✅ The $7,500 federal EV tax credit (if eligible)

Combined, that's potentially thousands of dollars in savings and added value.

👉 Use a Tesla referral code to get 3 months of FSD free with your Model Y order.

How Does This Compare?

Tesla's 0% for 72 months is competitive even outside the EV market. For context:

• Chevy Equinox EV: 0% APR for 60 months
• Hyundai Santa Fe: 0% APR for 60 months
• Most traditional automakers: 1.9%–3.9% APR on comparable terms

Tesla's offer gives you an extra year of interest-free payments compared to most competitors.

What Does This Mean Monthly?

Here's a rough breakdown of monthly payments at 0% APR:

Model	Price	72-Month Payment
Model Y RWD	~$36,990	~$514/mo
Model Y AWD	~$39,990	~$555/mo

Prices before tax credit. Actual payment depends on down payment, taxes, and fees.

If you qualify for the $7,500 federal tax credit, your effective price drops further — though the credit is applied on your tax return, not at the point of sale (unless the dealer participates in the point-of-sale transfer).

What Changed on March 9?

Tesla sweetened the deal over the weekend:

1. AWD confirmed at 0% APR — Both the RWD ($36,990) and AWD ($39,990) now qualify for the full 72-month interest-free financing.
2. No down payment on RWD — Previously, the RWD required a 5% down payment (~$1,850). That requirement has been dropped, making it possible to finance the full amount at 0%.
3. Premium trims excluded — The Model Y Premium and Performance are not part of this offer.

This makes the deal significantly more accessible, especially for buyers who want to keep cash on hand.

Should You Act Now?

Tesla hasn't confirmed how long this offer will last beyond March 31, 2026. Historically, Tesla's financing promotions come and go without much warning.

If you've been on the fence about a Model Y, the combination of 0% APR (now with no down payment), a referral code bonus, and the federal tax credit makes this one of the strongest buying opportunities we've seen.

👉 Get your Tesla referral code at TeslaRefCodes.com

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Prices and offers mentioned are accurate as of March 9, 2026. Tesla may change pricing, financing terms, or referral program benefits at any time. Always verify current offers on Tesla.com before purchasing.