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GizmoDriver

0% financing or a rebate on a 2020 Tesla Model 3?

Gap in total cost

$4,160

  • 0% wins by $4,160.
  • 0% APR: $579 a month, $38,372 total.
  • Rebate at 7.0%: $649 a month, $42,532 total.
  • The rebate wins below 2.4% APR.
  • Standard Range RWD, $36,200 with destination.
  • Cheaper than 58% of 103 sedans (2020) by MSRP.

Pick another car

Offers change monthly. Enter the dealer's numbers.

7.0% APR. 60 months. 6% sales tax on the price. Tax on the price before the rebate.

0% APR$38.4kRebate, 7.0% APR$42.5k
Down payment plus 60 months of payments. Orange: cheaper.
2020 Tesla Model 3: both offers by trim, 10% down
TrimPrice0% APR a monthRebate a month0% APR totalRebate totalCheaper
Standard Range AWD$36,200$579$649$38,372$42,5320% APR
Standard Range RWD$36,200$579$649$38,372$42,5320% APR
Standard Range Plus RWD$39,190$627$705$41,541$46,2410% APR
Long Range AWD$48,190$771$876$51,081$57,4060% APR
Performance AWD$56,190$899$1,029$59,561$67,3300% APR

What this cannot tell you

Dealer price and fees differ.

Some states tax the price after the rebate.

How values are checked