Tesla Model Y Deals in September
What Car Shoppers Need to Know
- Tesla is offering cash-back incentives, low interest rates and lease deals on the 2026 Model Y through September.
- Buyers can get up to $1,000 cash back or interest rates as low as 1.49%.
- Lessees can get a Model Y for as little as $499 per month.
It’s been a big year for the Tesla Model Y. A new entry-level trim drops the base price by $6,000 for the rear-wheel-drive version of the electric vehicle and $8,000 for the all-wheel-drive model, and a long-wheelbase derivative joins the lineup with a standard third-row seat offering far more space for real humans in the wayback.
But there’s more pressure on the Model Y SUV and closely related Model 3 sedan. Now that the larger, more expensive Model S and Model X EVs have been discontinued, the brand’s former entry-level products have to account for the bulk of the sales as the Cybertuck isn’t a hit. Tesla is looking to boost sales through the end of September with cash offers, low interest rates and special lease deals on the Model Y. All deals outlined below are valid until Sept. 30.
Related: 2027 Tesla Model Y L First Drive: X (Won’t) Give It to Ya
Cash Deals
Conquest Promotion: $500
A conquest promo is a cash-back offer available to buyers who trade in a vehicle from a competitive brand. In this case, that means any gas or hybrid vehicle. The offer also includes 2,000 miles’ worth of free Supercharger public-charging access.
Special Promotion: Launch Series Model Y L Premium
Early adopters of the long-wheelbase Model Y, currently only available in loaded Launch Series Premium form, don’t get any cash back, but they do get a bundle of extras if they buy in September. Tesla’s special promotion includes one year of free Supercharging, Full Self-Driving (Supervised) and premium connectivity, as well a trailer hitch and the full palette of interior and exterior colors for no additional cost.
Percentage of MSRP in the table below is calculated based on the applicable trim level’s base price including destination. For the regular-wheelbase Model Y, that means the RWD Standard trim level at $41,380; the Launch Series Model Y L Premium starts at $63,380.
| Program Type | Maximum Cash Back | Percentage of MSRP |
| Conquest promo | $500 | 1.2% |
| Special promotion (Launch Series L Premium) | $1,000 free charging value | 1.6% |
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Shop the 2026 Tesla Model Y near you
Finance Deals
The interest rate, or annual percentage rate, is the amount a lender charges you to borrow money. A lower APR can save you thousands of dollars over the life of a loan. Through September, Tesla is offering interest rates as low as 1.49% for up to 72 months on the Model Y Standard and Premium trims with either RWD or AWD. Model Y Performance and Model Y L buyers can qualify for APRs as low as 3.99% and 5.59%, respectively.
| Trim | 24-Month APR | 36-Month APR | 48-Month APR | 60-Month APR | 72-Month APR | 84-Month APR |
| Standard RWD/AWD, Premium RWD/AWD | 1.49% | 1.49% | 1.49% | 1.49% | 1.49% | — |
| Performance AWD | 3.99% | 3.99% | 3.99% | 3.99% | 3.99% | — |
| L Premium AWD | 5.59% | 5.59% | 5.59% | 5.59% | 5.59% | 6.52% |
Lease Deals
Tesla is also running special lease rates this month. All leases below are for 36 months and include an allowance of 10,000 miles per year, for a total of 30,000 miles. Effective monthly cost is a metric created by Cars.com to allow shoppers to compare leases of different lengths and with varying down payments. It is the combined cost of the lease, including upfront cost and monthly payments, divided by the number of months in the lease.
| Trim | Monthly Payment | Due at Signing | Effective Monthly Cost |
| Standard RWD | $499 | $4,195 | $616 |
| Standard AWD | $549 | $4,245 | $667 |
| Premium RWD | $599 | $4,294 | $718 |
| Premium AWD | $699 | $4,395 | $821 |
| Performance AWD | $799 | $4,494 | $924 |
Read More About Tesla and the Model Y on Cars.com:
- Tesla Gives Model Y a Proper Third Row With Long-Wheelbase L Model
- Should Tesla Model Y Owners Get the New 2026?
- What Are the 10 Most Efficient Electric Cars?
- Is the Cheaper 2026 Tesla Model Y Worth Your Consideration?
- 2026 Tesla Model Y First Drive: How Much Better Is It Than Ours?
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