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Alliant Promo ending tonight?

Discussion in 'Model S: Ordering, Production, Delivery' started by Austin Powers, Jul 6, 2016.

  1. Xenius

    Xenius Member

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    Ok, another data point. I called Alliant today, and the rep told me for sure the rate ends on July 18th, and that if you intend to get that rate you should apply before the 18th at 4pm their time.

    I plan to do that and just hope that my delivery gets here before then. Email from my DS said mid to late august, so it's not looking good.
     
  2. mspisars

    mspisars Member

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    You just need to have the VIN paperwork by that time, not the actual car.
     
  3. Xenius

    Xenius Member

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    For the actual loan start?
     
  4. mspisars

    mspisars Member

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    No, for them to lock in the rate... at least that is what I got from my conversation.
     
  5. Xenius

    Xenius Member

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    Just got this from the DS.

    "Thanks for your reply! As regards to financing early, it can be done, but that would mean starting your payments early and securing insurance early as well. Alliant needs to see proof of insurance on the vehicle within 30 days of funding a loan."

    So I'm moving forward with applying with Alliant on July 18th and we'll go from there!
     
  6. Cnasty

    Cnasty Active Member

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    Got this as well. Made my order last night, should have my VIN# well before the 18th and rate will be locked in.

    Alliant was a pleasure to work with and that rate is fantastic!
     
  7. Tucker48

    Tucker48 Member

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    Any word on what their CPO rate would be? I'll have to get serious about this tomorrow!
     
  8. Austin Powers

    Austin Powers Member

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    Yes, I'm curious about this as well. Tesla says Preowned Financing available on CPOs. Anyone use them? Rate?
     
  9. Austin Powers

    Austin Powers Member

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    Hi Cnasty,
    First off, Congrats! So what rate and term did you get from Alliant?
     
  10. Nish

    Nish Member

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    I think I'm going to excercise the early lock in so that they dont run another pull on my credit. My car is in Production and tentative delivery date is 7/27. My lock on the rate expires on the 15th so will probably just finalize on the 13th.

    Thoughts?
     
  11. Austin Powers

    Austin Powers Member

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    Nish, what does lock on loan mean?
     
  12. Xenius

    Xenius Member

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    Assuming you mean you've already applied and they pulled credit, I'd go ahead and start the loan now. You should be able to work with Tesla/Alliant to make it happen. This is what I plan to do.
     
  13. Nish

    Nish Member

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    Yes, they both are on board. I'll probably finalize the loan on the 13th. At least two weeks in advance of getting the car.
     
  14. Nish

    Nish Member

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    I mean lock on the rate at 1.49% or 1.78%.
     
  15. Cnasty

    Cnasty Active Member

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    I got 1.49% for 72 months.

    I locked it in and will provide the VIN# next week when confirmed and off we go!

    Took one email to make contact, one phone call, and approved on the spot.

    Highly recommended to anyone as I am very weary about this process in general and credit and such but was blown away by the ease.

    Almost too easy if that makes sense? Like should I be concerned that its too good to be true? I havent gotten any documents or anything but trying to be optimistic with others around here who did the exact same process and it worked out great.
     
  16. Austin Powers

    Austin Powers Member

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    I heard somewhere on this thread that the rate is locked for only 30 days. Since delivery is about 8 weeks out, are they going to honor the rate by then?
     
  17. Cnasty

    Cnasty Active Member

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    I have been "assured" yes they will as long as they get the VIN before the 18th when that rate expires because they will be changing their rates.

    Again, may be too good to be true but I have this in writing from Alliant and will see where it goes.
     
    • Like x 1
  18. Rahul

    Rahul Member

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    @Cnasty how did you get this in writing? I called a couple days ago based on this thread and the CSR suggested I wait until I get a delivery date because the lock is only good for 30 days. At the time I was looking at August - Early September delivery but now I'm look at Late July - August delivery. I was going to apply next week (~7/14-7/15) hoping I'd get the car w/in 30 days of that because I do NOT want to miss out on this rate. I already have my VIN.
     
  19. Cnasty

    Cnasty Active Member

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    Through email in asking the expirations, dates, and details regarding the rate dropping after 30 days.

    Was told they just need the VIN by the end of the promotional rate and they are good.

    Buyer beware as I am prepared for a new rate if it happens but will definitely go back to these details in my emails to them.
     
  20. Rahul

    Rahul Member

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    Are you working with a particular loan specialist?
     

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