September 22, 2026

Tesla lowers financing rate on Model Y Performance in the U.S.

modely performance

Tesla has expanded its promotional financing offers in the U.S., adding the Model Y Performance to its lineup of discounted interest rates for the first time.

According to an email sent to customers on Tuesday, the company is now offering 3.99% financing for up to 72 months on the Model Y Performance. The offer is not available in Canada, with posted financing rates for the Performance variant at 4.76% north of the border.

Model Y Performance joins financing incentives

The new financing offer is a first for the Performance variant, which had previously been excluded from Tesla’s low-interest financing promotions.

Earlier this year, Tesla slashed financing rates across the rest of the Model Y lineup, offering 0% on the Rear-Wheel Drive (RWD) and 0.99% on the All-Wheel Drive (AWD), Premium RWD, and Premium AWD variants for 72-month loans.

Until now, buyers interested in the Performance trim were required to finance at Tesla’s posted rates.

While the new 3.99% represents a significant reduction, it still sits well above the rates offered on the rest of the lineup, meaning buyers continue to pay a premium for the highest-performance version.

The only exception is the newly introduced six-seat Model Y L, which has a 5.64% financing rate in the U.S.

Alongside the financing promotions, Tesla continues to offer 2,000 free Supercharging miles for customers trading in a gas-powered vehicle, plus a free 30-day trial of Full Self-Driving and Premium Connectivity for new buyers.

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