Tesla China’s insurance subsidy deadline for the Model 3 has been extended to March 17, 2025, giving customers still on the fence about a purchase more time to decide. The Model 3’s insurance subsidy in China is RMB 8,000 or $1,101.
Tesla China’s $1,101 insurance subsidy applies to all Model 3 variants purchased on or before March 17, 2025. Model 3 buyers in China may also avail Tesla’s 5-year 0% interest financing program. Down payments for Tesla’s 0% interest financing program start at RMB 79,900 ($10,997) and offer monthly payments as low as RMB 2,460 ($339).
Across the globe in the United States, Tesla launched two promos for the Model 3 before the end of Q1 2025. The company offers 0% APR financing, $0 due at signing, and 60-month terms for all Tesla Model 3 trims.
The $7,500 federal tax credit is still available for all Tesla Model 3 purchases for the quarter. President Donald Trump has talked of eliminating the tax credit. However, the Trump administration has not confirmed when it plans to end the $7,500 government incentive.
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