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  1. T

    Model 3, Tesla said they'd rate match my 2.99% from their 3.99% as a difference in check

    Yeah so paying the principal down would be similar to having a 34, 030 (35,000-970) loan. The 3.99% rate then would have 3,564 in total interest fees.
  2. T

    Model 3, Tesla said they'd rate match my 2.99% from their 3.99% as a difference in check

    yup, that's the plan now. i just want to understand correctly.
  3. T

    Model 3, Tesla said they'd rate match my 2.99% from their 3.99% as a difference in check

    But it doesn't seem like a good deal. I checked the FAQ on Tesla.com and it says they'll pay you the difference in monthly payments between the two rates as a check, but your actual rate on contract would still be 3.99% Loan $35,000 Loan for 60 months Credit Union loan at 2.99% $628.25/mo...