Great news for Tesla fans in Canada! Tesla’s popular Referral Program has expanded to Canada, bringing with it even more incredible benefits, including an increased discount for new buyers, the lowest interest rates ever seen in the country, and exciting rewards for referring friends. Here’s everything you need to know to take full advantage of these offers.
Tesla Referral Program Now in Canada
Tesla has officially expanded its popular Referral Program to Canada, giving both new and existing customers the chance to enjoy fantastic savings and rewards. With an increased discount of $1,300 for new buyers, the lowest interest rate ever offered in Canada at 1.99% for Model Y purchases, and up to $650 in credits for each successful referral, there’s never been a better time to join the Tesla community or add another Tesla to your collection. Here’s everything you need to know to maximize these incredible benefits!
What’s New for Canadian Customers?
Tesla is offering even more incentives for Canadian customers to join the electric revolution:
- $1,300 Off Your New Tesla: New Tesla buyers in Canada can receive an increased discount of $1,300 off their purchase of a new Model S, Model 3, Model X, or Model Y when they use a referral link like this one. This is a fantastic way to start your Tesla journey with substantial savings right from the start!
- Record-Low Interest Rate of 1.99%: For a limited time, Tesla is offering an unbeatable interest rate of just 1.99% on new Model Y purchases in Canada. This is the lowest interest rate ever offered by Tesla in Canada! To qualify, you must place your order and take delivery by September 30. There is potential for this low rate to be extended, as seen in the U.S., so keep an eye on the latest updates!
- Compare the Rates: Currently, the interest rate for purchasing a Model 3 is around 6%. The significant difference between these rates means substantial savings for those opting for a Model Y.
- Earn Up to $650 per Referral: For every friend or family member you refer who makes their first Tesla purchase, you will receive $650 in credits. You can earn up to 10 referrals per calendar year, potentially gaining up to $6,500 in rewards!
Why Now is the Perfect Time to Buy a Tesla in Canada
With the lowest interest rate ever offered and a higher referral discount, now is the ideal time to make your Tesla purchase. Here’s a breakdown of how the interest rates affect the overall cost:
| Term | Rate | Interest Cost |
|---|---|---|
| 36 months | 1.99% | $1,640 |
| 48 months | 1.99% | $2,180 |
| 60 months | 1.99% | $2,684 |
| 72 months | 2.99% | $4,916 |
| 84 months | 3.49% | $6,740 |
| 96 months | 3.99% | $8,852 |
Model Y Rear-Wheel Drive
Finance Amount: $52,396
These rates represent a significant cost-saving opportunity, especially with the lowest rate of 1.99% for terms up to 60 months. The interest savings alone can make a big difference in your overall payment plan, allowing you to enjoy your new Tesla without the burden of high interest costs.
How to Maximize Your Savings
For New Buyers:
- Use a Referral Link: Start your Tesla journey by using a referral link like this one to receive the $1,300 discount on your new purchase.
- Take Advantage of Low Financing Rates: If you’re interested in the Model Y, make sure to place your order and take delivery by September 30 to lock in the lowest-ever interest rate of 1.99%.
For Existing Tesla Owners:
- Share Your Link: Open the Tesla app, navigate to ‘Refer and Earn,’ and start sharing your unique referral link with friends and family in Canada.
- Earn and Redeem Credits: For every friend who uses your referral link to make their first purchase, you’ll earn $650 in credits, up to a maximum of 10 referrals per calendar year. This could mean up to $6,500 in rewards for sharing your love of Tesla!
Why Choose Tesla Now?
Tesla’s 2024 Referral Program now in Canada makes it easier than ever to switch to sustainable driving. The combination of a higher referral discount, the lowest financing rates in history, and generous referral rewards creates a perfect opportunity for both new and existing Tesla customers. And with Tesla’s commitment to expanding its Supercharger network across Canada, you’ll enjoy even more convenience and peace of mind.
Don’t Miss Out on These Incredible Offers!
With such generous incentives, there’s never been a better time to buy a Tesla in Canada. Use this referral link to unlock your $1,300 discount, and take advantage of the record-low 1.99% interest rate on the Model Y. Act fast—these offers are for a limited time, and the savings are too good to pass up! Check out my post on the Tesla Referral Program release in USA,
Join the Tesla Revolution in Canada Today!
By participating in Tesla’s 2024 Referral Program, you’re not only saving money—you’re joining a community committed to a greener, more sustainable future. Don’t wait—use this referral link today and drive the change with Tesla!
