Tesla has brought back its FSD transfer offer once again after its We, Robot event. If you already own a Tesla and are planning to buy another one, this is a fantastic opportunity to transfer FSD to your new car.
In addition to that, Tesla has also turned on another interesting offer - 0% financing with FSD, as well as another $0 down option.
FSD Transfer
This time, the transfer period is available for any orders placed on or after October 10th and delivered before December 31st. This offer is currently valid for anyone taking delivery of a new Model S, Model 3, Model X, or Model Y.
While the Non-Foundation Series Cybertrucks are now being configured, this offer appears to exclude the vehicle at this time. If you’re purchasing a non-FS Cybertruck and want to transfer your FSD, we recommend reaching out to your Tesla delivery coordinator through the app to determine if this is possible.
For those receiving the Foundation Series, FSD is included, so the transfer offer is not available. This particular promotion is available in all markets, including North America, Europe, China, Australia, and other markets.
0% Financing
Tesla is now offering 0% financing if you purchase FSD with your vehicle and are approved for the purchase. The catch is that you’ll need to add FSD to your vehicle purchase instead of transferring it. With Tesla’s interest rates hovering around 5-6%, this is a great deal, as you can amortize both the cost of the vehicle and FSD out to 72 months. A loan for $46k at 5.29% over six years would result in almost $8,000 in interest, more than the cost of FSD.
There are a few fine lines though. This is only available in the United States, not anywhere else in the world. In addition, you need to come up with a 15% down payment (which includes the $7,500 USD Federal EV Tax Rebate). This offer is only available on the Model 3 and Model Y - The Model X, Model S, and Cybertruck are not eligible for this offer.
$0 Down
Tesla is also offering $0 down in the United States, for those who qualify for both financing (at 5.29% APR), and the Federal EV Rebate. Essentially, the $7,500 rebate covers your down payment. Once again, this option is only for the Model 3 and Model Y in the United States.
Tesla has been making a push to increase sales and FSD's take-rate. The 0% offer is a great way to increase FSD’s take-rate, as for anything other than the Model 3 RWD LR with short (36mo) financing plans, you’ll actually end up saving money overall due to the 0% financing.
If you’re interested in picking up a new Tesla, now appears to be a great time to do it.
