I thought I'd share this awesome nugget.
I called my bank, Alliant Credit Union in Chicago, IL on April 18th to ask about their financing options, specifically discussing the Tesla Model 3. The rep boasted they they are the "#1 Tesla Financier in the nation". At that time they offered 2.99% @ 60 mos.
That was as of April 18th.
I called today to ask one additional generic question and before even discussing which specific model, I was informed that they are no longer financing any Tesla in the state of NY. I was informed NYS is one of many other states they no longer finance in, as well. I was told this was effective May 1.
What a shame. I can't seem to get a reason out of them. My guess is either they are afraid they won't get resale value out of the collateral (?) or perhaps they're short on TSLA too.
They advised me to go through Tesla financing directly.
So now I'm off to see what other CUs will take me in.
So if you were thinking Alliant CU would be a good choice for you, you better check again.
-T
I called my bank, Alliant Credit Union in Chicago, IL on April 18th to ask about their financing options, specifically discussing the Tesla Model 3. The rep boasted they they are the "#1 Tesla Financier in the nation". At that time they offered 2.99% @ 60 mos.
That was as of April 18th.
I called today to ask one additional generic question and before even discussing which specific model, I was informed that they are no longer financing any Tesla in the state of NY. I was informed NYS is one of many other states they no longer finance in, as well. I was told this was effective May 1.
What a shame. I can't seem to get a reason out of them. My guess is either they are afraid they won't get resale value out of the collateral (?) or perhaps they're short on TSLA too.
They advised me to go through Tesla financing directly.
So now I'm off to see what other CUs will take me in.
So if you were thinking Alliant CU would be a good choice for you, you better check again.
-T