Best current finance rates? Taking delivery end of the month

[turtlesz]

Hello was wondering what is everyone doing for financing at this time? Tesla's rates seem too high. Anyone have contacts to get better rates? I'm in socal. Thanks and excited for the car!

 

[AZ90D]

I got 1.49%. Applied through Tesla. Chase picked up the loan.

 

[rohitgarewal]

Same. 1.49 on a 100D. Currently it's 2.49 on the 75D

I wouldn't be surprised to see rates go up in April, though then again Tesla may keep buying the cheaper rate to keep sales up.

 

[techiegirl]

Interest rates have gone up in the past few months so I don’t think 1.49% we got is high at all. We’re happy with it.

 

[outie]

What model are you getting? What rate did Tesla offer? I applied at the beginning of the month and got 1.49% here through Tesla/US Bank, up to 72 months with 10% down, 100D.

 

[turtlesz]

I got a 75D. Those 1.49 and .99 Tesla deals are long gone. I think best Tesla does is 2.49 or 2.72 these days which is too high and id rather pay cash. People keep betting for the market but personally I feel anything over 2.3% is not worth taking the loan for as the market could gogo downward with anticipation of rising interest rates.

 

[AZ90D]

I applied on Monday of this week and got the 1.49 rate.

 

[JCB_Arizona]

100x got you the 1.49%. 75X was higher.

 

[mattack4000]

I got a 75D. Those 1.49 and .99 Tesla deals are long gone. I think best Tesla does is 2.49 or 2.72 these days which is too high and id rather pay cash. People keep betting for the market but personally I feel anything over 2.3% is not worth taking the loan for as the market could gogo downward with anticipation of rising interest rates.

If interest rate does rise, so does your checking account. It is already up to 1.35% at local banks. 2.72 over 6 years is like free borrowing. Apple bond pays around that level of you are concern about losing your money at market downturn. It’s like a 6 year hedge

 

[quicksilver99]

New tesla finance at least in California...make a deal on an inventory car 3/9 until the end of the quarter, you might get .99%apr depending on your credit and etc.
I would check with you OA and Tesla finance...good luck

 

[B2FiNiTY]

2.49% for a 75D

 

[Nosoup]

I got approved for 1.49% by tesla financing thru TD bank today. It was for 100D at 10% down and 72 months. My $2500.00 deposit counts towards the 10% down payment.

 

[turtlesz]

I got 2.49 for 75D, it's 1.49 for 100D.

 

[LCR1]

If interest rate does rise, so does your checking account. It is already up to 1.35% at local banks. 2.72 over 6 years is like free borrowing. Apple bond pays around that level of you are concern about losing your money at market downturn. It’s like a 6 year hedge

WTF do you bank that they pay our 1.35% on a checking account?

 

[mattack4000]

WTF do you bank that they pay our 1.35% on a checking account?

No games or minimum balance

 

[Super_Popular]

Anyone in Portland OR..Pointwest CC offers the best rates and they do 84 month loans.

 

[DaiPlusPlus]

Can you apply and secure financing in March even if your delivery isn't expected until April? My order has been delayed due to Tesla's own factory schedule and I'm anxious about avoiding a higher interest rate.

 

[mattack4000]

Rates not likely going to change until April 1, I would hold off until last week of March. Treat it like a free lock

 

[DaiPlusPlus]

Rates not likely going to change until April 1, I would hold off until last week of March. Treat it like a free lock

My DS confirmed the rates are frozen until then, but after the 30th March you cannot carry-over the 1.49% into April - but I don't know if that means any pre-approval is nullified and they'll have to re-run my credit again (even if I only applied a few days before, much less 30 days), or if they won't allow people to fully open the finance account in March for a delivery in April. It's all very confusing and I'm frustrated by the lack of clarity from my DS.

 

[verygreen]

No games or minimum balance

Of course that's rather low nowadays. You could get 2% APY CD at Ally and you can get 1.50% at Capital one 360 money market account
even Alliant CU gives you 1.45% on their savings account. And I image these rates would only go up from here.