Tesla Has Increased Its 72 Month Loan Rate (APR) In The U.S. From 0.99% To 1.99%; 36, 48 And 60 Month Loan Terms Are Still 0.99% APR
Portfolio Pulse from Benzinga Newsdesk
Tesla has increased its 72-month loan rate (APR) in the U.S. from 0.99% to 1.99%, while maintaining the 0.99% APR for 36, 48, and 60-month loan terms.
May 21, 2024 | 4:25 pm
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Tesla has increased its 72-month loan rate (APR) in the U.S. from 0.99% to 1.99%, which may affect consumer financing decisions and potentially impact vehicle sales.
The increase in the 72-month loan rate could make long-term financing less attractive to consumers, potentially reducing demand for Tesla vehicles. However, the impact may be mitigated by the unchanged rates for shorter loan terms.
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