Tesla’s 0% APR Deal in Canada: What You Need to Know

Tesla Canada has introduced a new financing offer, allowing buyers to secure a 0% APR for up to 48 months on a new Model 3 or Model Y.
What’s the catch? You need to add Tesla’s Full Self-Driving (FSD) (Supervised) option, which costs a cool $11,000. The deal, which went live on November 2, 2024, is available for qualified buyers with strong credit who take delivery before January 1, 2025 (via Tesla North).
This financing incentive is similar to a recent offer in the U.S., where buyers were able to secure 0% APR with the FSD add-on. Later, the U.S. expanded the offer to include 0% APR without FSD, raising hopes that a similar move could happen in Canada.
The timing of this promotion also coincides with the anticipated “Juniper” refresh of the Model Y, expected in early 2025, giving potential buyers a chance to save on current models.
The offer is subject to change, and only certain applicants will qualify. To check province-specific pricing and eligibility, buyers can consult Tesla’s financing calculators for the Model 3 and Model Y.
If you purchase a Tesla with a referral link, you can save an extra $1,300.
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