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Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.


  1. P

    Lease vs Loan

    Hi All, I will be the First time car owner in US I am planning to go with Model3 (RWD), little consfuion about the Lease vs. loan If we are going with Loan/Cash, we will be getting tax rebate 7500$ What are the Cons if we go with Lease option? i am hearing insurance premium will be little high...
  2. C

    Auto Loan Rates Spreadsheet

    Hi, I was wondering if anyone had a spreadsheet with auto loan rates that compare different companies and automatically updates every few hours with the latest interest rates. I had a spreadsheet that I used a few years ago, but it hasn't been updated since 2020. Here is the previous...
  3. B

    Want to borrow: J-1772 adapter in Whistler

    I’m staying at the Whistler Hilton and they only have a J-1772 charging station but I forgot my adapter at home. The supercharger at the fairmont is behind a paywall! $7 just to access the parkade to charge??? #!%$& Can anyone in Whistler please help me out and loan me a J adapter for a couple...
  4. RodolfoMattei

    Down payment tesla x plaid

    There is a minimum of down payment to get approved for tesla x plaid ? I'm asking that because I've order the tesla plaid and my delivery date will be March 17. I need to apply this Monday March 14. If I choose 2k usd monthly payment, I have to pay at the deliver around 12.5k usd (included tax...
  5. N

    With delivery date not until end of May at earliest, can I just wait to apply for financing?

    Hey all - I ordered a Model 3 last week and my delivery date isn’t until late May/June. The online profile wants me to accept the trade in and apply for financing now, but with my delivery date out so far, I know I’d have to reapply. Does it matter if I just wait to fill out the finance...
  6. A

    First loan payment not due until 30 days after delivery?

    Is this true? I've been trying to get a hold of my bank guy for a week or more and he's either not answering the phone or out of the office. I managed to get him the info and he said he would pull my credit and get back to me on rates. That was last Friday... My delivery is this Saturday and...
  7. A

    Finishing up college, question about financing

    I have an offer signed for a job, but don't start obviously until May next year after I graduate. It's a great salary, and I don't want to move quite yet so I'll commute from home. This is 180 miles round trip, hence why I am seriously wanting to purchase a Model 3 LR (for self-driving highway...
  8. Y

    Can I delay delivery for 6 month or longer?

    I ordered MY LR in early June. I was offered to get delivery from Tesla in September. But I got pre-approved for a loan from a bank for my business. Banker advised not to get auto-loans before I take out the pre-approved loan. Can I get MY delivered 2022 May or so? Currently my account is on...
  9. W

    Financing - First Loan

    I'm looking to finance a Model X. This will be my first time ever getting a loan as I usually pay in full for my other vehicles. Is it an easy process? My score is around 750 right now, so I'm not sure how likely I am to even get approved since it will also be my first loan. I'm planning on...
  10. ejkcy25

    Ordering process: when to submit tesla finance application

    Hello! New to the forum & tried searching and looking through current posts similar to my question for clarification but still confused so hoping someone can help (Communication with advisor is taking very long waiting for a response). I ordered my MY (hehe) and I chose my delivery location &...
  11. J

    Modifying my loan through Tesla Finance lowered my APR

    I guess I'm posting this as sort of a PSA as I was surprised to get a significant APR reduction after asking my Tesla agent to Modify my initial loan agreement. I also wanted to see if anyone else had experienced anything similar as well. On Sunday night, I went through the ordering process for...
  12. friday80s

    Financing limitations on a solar glass roof for new construction

    I'm in the early planning stages of a house rebuild and we're considering a solar glass roof right from the get go. Our objective is to cover the cost of construction through a construction-to-permanent loan, where when the construction is done, this loan rolls over into a traditional mortgage...
  13. D

    Tesla Rate Match

    If I apply for a loan through a credit union (1.99% rate) and have Tesla rate match, will Tesla do a hard credit inquiry as well?
  14. J

    Made a change with car config, and had redo finance

    Very strange. I placed an order for a white/Black 19' AWD LR Y on 2/2/20. By the end of March, I completed the loan application (financed by US Bank, rate 2.75%), and was waiting for the contract to be drafted. Couple of weeks ago, I made a change and added FSD, and it was added to the financed...
  15. M

    Tesla Solar now available with Loan option instead of Purchase

    Tesla updated their site again, and now you can do a loan (at 5.99% - OUCH) with any of the sizes, including adding a Powerwall (or however many they require at each level) to the loan.. Eeep, 5.99%, though, that's a bit much... About to refinance the house at 2.875 (too high M2V for 2.75)...
  16. rossfboyle

    Fremont Closing Affecting Loan Payment?

    Hi friends, I am scheduled for delivery March 24 and closing on terms with my credit union this afternoon. The reason we are closing almost a week before delivery is because my Credit Union sends actual checks via FedEx -- they don't wire anything. Tesla gave us/our CU the Fremont address as to...
  17. G

    Lease a Bad Idea?

    I ran the numbers through several different calculators and leasing seems to be a better option. SR+ with Purchase price of $42,000, $4,500 down, 36 months, 10k miles is around $430 I don't buy Model 3 would hold a residual value of 65%+ after 5 years. With model Y and Truck coming out within...
  18. P

    Buy cash before July 1st to get tax credit, then take out reverse auto loan

    Hey guys, TLDR is it reasonable to pay cash for a model 3 to take advantage of the tax credit, then get a reverse auto loan once I start my job? I'm completely new to buying cars - I lived in San Francisco before this. So sorry if this is obviously dumb. I am starting a job soon, and my first...
  19. Jellus

    Energy Savings Trust loan for Model 3

    Hello, I'm new here. I live in Scotland. I have ordered a Model 3 (LR AWD + tow hitch), paid £3k so far to place the order. My order is at the "drafting up your contract" stage. The documents I have available in my Tesla account are the Order Agreement, confirming the total price and vehicle...
  20. M

    So confused about financing and home delivery

    I ordered a Model 3 last week, got a VIN a few days later. Now I don’t know what to do with auto loan and home delivery. My credit union needs certificate of origin to close the loan. I need the check before the delivery. But Tesla told me that the cherry won’t come until after delivery. I am so...
  21. H

    Configuration and Sale sheet from Tesla for loan purpose

    Hi Guys, I need some help here. I have been trying to complete the online profile, and I got stuck at the last section where it asked me for lienholder info as well as the exact amount I'm borrowing after choosing self-arranged financing; however, the credit union where I'm planning to get the...
  22. C

    Loan before Delivery

    I have a few dumb questions regarding the sequence of Loan and Delivery and hope some of you can kindly advise: 1. I saw a few folks here started the loan (paying for interest/principle) before you actually get the car, because Tesla couldn't deliver on the day scheduled. What happens next - do...
  23. T

    Tesla loan comparison spreadsheet - auto updates hourly

    Hi everyone, This community has helped me tremendously on my Model 3 ownership journey and I thought I'd give back with this spreadsheet. This spreadsheet pulls rates directly from the credit union's website hourly, so you're always getting the latest rates, because as you know, they change...
  24. J

    Auto loan should be ready when you order a Tesla? What is the current best rate?

    Hi, I may order model X today or tomorrow. I am not sure when I should prepare the auto loan? Probably not needed until the delivery of the vehicle but not sure. Another question is what is the best loan rate and where I can get the best one? My quick check up was around 3~3.5%. But I heard...
  25. B


    I want to thank Manuel De La Torre for my loan at FPCU. I would definitely suggest anyone who is looking for a good interest rate to call FPCU. Although there is no rate lock until the final contract from Tesla, it worked out great in my instance as I still was able to get 2.24% after I sent the...
  26. mwu

    Changing down payment

    Down payment in the loan application is selected as a percentage, but I was bone-headed and forgot that I had already put down when reserving and ordering the car, so the down payment is calculated as the amount of the car minus $3,500 times the percentage selected. As a result, the down payment...
  27. P

    Just purchased a 75D Model X for $18k off

    I finally pulled the trigger and purchased a deep blue 75D X fully loaded. It's a 5 seat interior with black premium interior. There are still good deals to be had if you know where to look. Mine had an $18k price adjustment and was only $85k before delivery, tax and title, and the EV tax...
  28. DriveMe

    Tesla loan application and the trade-in uncertainty

    As my production date approaches, I am about to apply for financing. Hoping to take advantage of the current low-rate financing offered by Tesla. However, I haven't decided yet what to do about the trade-in. I have an initial trade-in offer from Tesla, but I think I can do way better by selling...
  29. Tatsumaru

    Financing Issues

    I'm a Model 3 reservation holder (stood in line at the local gallery on reveal day morning, in central time zone) and while browsing some inventory on Tesla.com, I found one that struck my fancy and decided I'd really rather go in for an S. My minimum requirements for purchase are AP2, Premium...
  30. C

    Tesla Direct Leases - NEW

    I'm not sure what the details are on this so far or what is out there. But I'll share my experience, which will hopefully help some people. I ordered on 11/8/16, and was told I was approved for a lease the next day. I received a letter on 11/22 from US Bank saying I was denied for a lease. I'm...
  31. L

    Buy or lease the X, what did you choose or your suggestion given X's build quality?

    We ordered our X in July, was told by DS to expect a late August or Sept delivery. While we're exciting about the X, the more I followed up threads in the forum that owners reported different issues of X (A/C, door latch, FWD and ghost image), the more started to worry about the build quality of...

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