Questions on possible 0% financing or price drops?

[ScubaSteve206]

Hey y’all, wondering everyone’s opinion of wether or not their could be a price drop or 0% offering soon. Sounds like Q1 is going to be a bit rough on the sales of CT. 7-8k in 3 months is a bit rough. I know there’s a lot of people like myself who are waiting for the right time to grab the truck. But do you think 1.99 is the best it’s going to get? There’s a lot sitting around here in Seattle on the storage lots. Fingers crossed for a better deal to be offered!

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[CT25]

I jumped on the 1.99 right away. got a new delivery date next Thursday.

 

[Mattkalin]

I did too! It beats the Predatory lending I had on my original FDN AWD at 8.1%!

 

[67gt500]

I'm waiting as well. Either 0% or a free wrap will do it for me. It feels like the market is demanding another level be pulled to trigger sales.

 

[tmeyer3]

How did you manage to sell your first AWD and not lose on it?

I did too! It beats the Predatory lending I had on my original FDN AWD at 8.1%!

 

[YDR37]

Hey y’all, wondering everyone’s opinion of wether or not their could be a price drop or 0% offering soon. Sounds like Q1 is going to be a bit rough on the sales of CT. 7-8k in 3 months is a bit rough. I know there’s a lot of people like myself who are waiting for the right time to grab the truck. But do you think 1.99 is the best it’s going to get? There’s a lot sitting around here in Seattle on the storage lots. Fingers crossed for a better deal to be offered!

Car makers have to provide quarterly reports on sales and finances. They often offer the best deals near the end of the quarter, so they can improve the numbers before they issue the quarterly report.

Right now, we are approaching the end of Q1, and Tesla has rolled out some attractive deals, including 1.99% APR on the Cybertruck and 0% on the Model 3. Both of those deals end on March 31, which is the final day of Q1.

In the short run, it's unlikely that Tesla will offer better deals in early Q2. If Tesla decides to offer special deals again, it would most likely be in late May or June, as the end of Q2 approaches.

In the longer run, it seems like Tesla has to do something big in order to clear 2024 Cybertrucks out of inventory. I suspect that most of the CTs you see in storage are 2024s, especially demos.

The 2024s aren't eligible for the $7,500 tax credit, and so most buyers aren't interested. Tesla has discounted the 2024s down to as low as about $74,000, but that's still more expensive than a brand new 2025 after the tax credit. Most people are not going to opt for a 2024, if a 2025 is both newer and cheaper.

The 2024s aren't getting any fresher as we move into 2Q 2025. Seems like Tesla will ultimately be forced to take action in order to get them off the lots. Maybe 0% financing or a discounted price below $70,000 would do it.

 

[Mattkalin]

How did you manage to sell your first AWD and not lose on it?

Wife Totalled and GAP covered the difference. Basically I got lucky AF and the truck protected my wife and she had no injury’s other than to her pride.

 

[Trbizwiz]

Car makers have to provide quarterly reports on sales and finances. They often offer the best deals near the end of the quarter, so they can improve the numbers before they issue the quarterly report.

Right now, we are approaching the end of Q1, and Tesla has rolled out some attractive deals, including 1.99% APR on the Cybertruck and 0% on the Model 3. Both of those deals end on March 31, which is the final day of Q1.

In the short run, it's unlikely that Tesla will offer better deals in early Q2. If Tesla decides to offer special deals again, it would most likely be in late May or June, as the end of Q2 approaches.

In the longer run, it seems like Tesla has to do something big in order to clear 2024 Cybertrucks out of inventory. I suspect that most of the CTs you see in storage are 2024s, especially demos.

The 2024s aren't eligible for the $7,500 tax credit, and so most buyers aren't interested. Tesla has discounted the 2024s down to as low as about $74,000, but that's still more expensive than a brand new 2025 after the tax credit. Most people are not going to opt for a 2024, if a 2025 is both newer and cheaper.
That would do it for me!!

The 2024s aren't getting any fresher as we move into 2Q 2025. Seems like Tesla will ultimately be forced to take action in order to get them off the lots. Maybe 0% financing or a discounted price below $70,000 would do it.

 

[Gigahorse]

Hey y’all, wondering everyone’s opinion of wether or not their could be a price drop or 0% offering soon. Sounds like Q1 is going to be a bit rough on the sales of CT. 7-8k in 3 months is a bit rough. I know there’s a lot of people like myself who are waiting for the right time to grab the truck. But do you think 1.99 is the best it’s going to get? There’s a lot sitting around here in Seattle on the storage lots. Fingers crossed for a better deal to be offered!

The problem for this quarter is the cantrail recall, they are not going to be able to do a end of quarter push on the trucks with a "take delivery before the end of the quarter and get X" because almost no trucks will be able to be delivered before the end of the quarter.

The Foundations and 2024s they can't move currently, not with free FSD, 8k off, and 1.99 because the tax credit and more problem free 2025s are just a better deal.

 

[Mini2nut]

Marketing solution to blow out leftover 2024 CT’s:

-$10k off sticker
-Free lifetime Supercharging

That promotion would move the metal.

 

[Mattkalin]

Marketing solution to blow out leftover 2024 CT’s:

-$10k off sticker
-Free lifetime Supercharging

I hope they do this and I would cancel and Reorder as long as I could get a New one and not a Demo.

 

[YDR37]

To sum it up:

If you want a 2025 AWD, now is probably a good time to buy. You can get both 1.99% APR financing and the $7,500 tax credit (assuming you qualify, which most people do). The 1.99% deal is scheduled to go away on March 31, and the future of the tax credit is uncertain. So time may not be on your side.

But if you are prepared to consider a 2024, then maybe wait. You can see here that Tesla still has plenty of 2024s, including both new and demo vehicles, in inventory in the Seattle area (keep scrolling down even when you get to the bottom of the page; sometimes more will load). The 2024s are currently discounted, but not by enough. And with every passing day, those 2024s become older and harder to sell. So in this case, maybe time is on your side.

Seems like Tesla is going to have to bite the bullet at some point and offer some really juicy incentives in order to move the remaining 2024s. Things like $10,000 discounts, free Supercharging, free FSD or FSD transfer, or 0% financing could be on the table. And even if the tax credit does get killed in the future, the 2024s won't be affected, because they weren't eligible for it anyway.

 

[Beetlebug62]

I just submitted an order today, but when I got to financing, I only saw 3 options, Tesla Lease, Alliant Loan, and self-arranged loan. I wanted to use the 1.99% promo financing. How do you get that?

 

[Macgreiner]

Too late really for any Q1 further incentives. Next round expected nearer to mid to end Q2.

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