Tesla is almost finished with the initial Cybertruck reservations in the US, leaving only a week or two of orders to be filled, and is now moving swiftly to accommodate new requests.
Cybertruck Launch in Canada
This might be one reason Tesla has decided to expand the Cybertruck's availability beyond the US, launching it in Canada starting this week. However, British Columbia's government has announced that the Cybertruck will be subject to a luxury tax of up to 20%, significantly raising its already high cost.
Pricing Details
In Canada, the starting price for the Cybertruck is around CA$137,990 for the dual-motor AWD version. Once all taxes, including the federal luxury item levy, are added, the base price can quickly exceed the equivalent of US$120,000. This price point was previously for the tri-motor Cyberbeast Foundation Series trim in the US.
Tesla challenged the federal luxury tax, but the BC government decided that the Cybertruck's hefty price tag and weight make it eligible for the tax aimed at expensive vehicles.
Financing Options for Canadian Customers
To ease the disappointment for its Canadian customers, Tesla has rolled out the same zero-interest financing deal for the Model Y that was offered in the US last month. Buyers of the FSD feature along with the Model Y or Model 3 in Canada can benefit from a 0% APR financing option for terms of up to 48 months.
Starting this month, Tesla has also lifted the FSD purchase requirement for obtaining the 0% APR financing for the Model Y in the US, and it may extend this offer to Canadian customers in the future as well.
