Wednesday, October 16, 2024

The interest rate on Denmark's popular car is reduced to 0 percent

Tesla has to run out of stock of Model Y here at home. So now the interest rate on all versions of the Model Y is reduced to 0 percent.

Tesla is now offering 0 percent fixed nominal interest financing for the first 36 months for their Model Y.

This makes it possible for more Danish motorists to consider the transition to an electric car, as it lowers the financial barriers to purchasing an electric car such as the Model Y. The interest rate of 0 percent applies to all versions of the car and extends over the first three years of financing.

In 2024, the number of electric cars in Denmark will have grown significantly. There are now 300,000 electric cars on Danish roads, which is an increase of 100,000 cars in just ten months.

esla has also reached a milestone with 75,000 cars registered in Denmark, which means that every fourth electric car in the country is now a Tesla. Throughout 2023 and into 2024, Model Y has been the best-selling car model in Denmark across all car categories.

This is what Tesla Denmark writes in a press release.

Tesla has built up a large base of loyal customers in Denmark, where both private and business customers have chosen the brand because of its electric cars.

These customers have shown increasing interest in electric vehicles, in part due to their low operating costs and access to Tesla's charging stations.

Several independent tests also highlight that the total cost of ownership (TCO) of a Tesla is often lower than that of comparable car models. For many Danish companies and private car owners, reducing CO2 emissions from transport has become an important priority.

Tesla continues to offer attractive financing options on the Model Y for private drivers. For example, a Model Y with rear-wheel drive can be had for DKK 2,314 per month. Tesla intends to make electric cars more accessible in Denmark, and the favorable interest rate of 0 percent can be a motivating factor for those who wish to switch to a more sustainable form of transport.

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