Best financing interest rates

[MidwestMX]

Hello,

I am looking for any recommendations for financing a Tesla model X. Looking at either 72 or 78 months. I’ve found a 3% for 78 months and that’s the best I’ve seen yet.

Any great deals out there right now?

 

[ModlS3XY]

I believe Tesla financing offers 2.49 for 72 months.

 

[r0xx0r]

1.99% for X 100D, 2.49% for X 75D.

Contact your local credit union. They may have better deal. My Schoolfirst Credit Union gave me $90k - 2.34% 72m no down.

Alliant credit union also gives good rate too.

 

[ModlS3XY]

1.99% for X 100D, 2.49% for X 75D.

Contact your local credit union. They may have better deal. My Schoolfirst Credit Union gave me $90k - 2.34% 72m no down.

Alliant credit union also gives good rate too.

Tesla financing gave 1.49 for X100D last quarter .This quarter it is up to 2.49.

 

[pkodali]

Tesla financing gave 1.49 for X100D last quarter .This quarter it is up to 2.49.

Do you need a referral code by any chance?

 

[ModlS3XY]

Do you need a referral code by any chance?

Nope. Let me know if you need one

 

[PrGrPa]

Those look like great rates. I was exploring a new X in the UK and rates look like 4.9% from Tesla’s finance partner. This is a fair rate compared to some manufacturers. Not as good as the 1.5% I think I got on my model S though.

 

[Brave Ulysses]

Looks like interest rates just jumped again. 3.49% is pretty high in the car world right now

 

[bomquito]

Go through a Credit Union. I got mine at 1.49% for 72 months with 10% down through a Credit Union. Only works for brand new vehicle FYI

 

[Bogobec]

Here in Montreal, they offer me 1.99% over 72 months.

 

[Brave Ulysses]

Go through a Credit Union. I got mine at 1.49% for 72 months with 10% down through a Credit Union. Only works for brand new vehicle FYI

Which credit union? How long ago did you get that rate? I haven’t found anything that beats Tesla yet, especially for 72 months. And I’m putting significantly more down.

 

[bomquito]

Which credit union? How long ago did you get that rate? I haven’t found anything that beats Tesla yet, especially for 72 months. And I’m putting significantly more down.

Rancho Federal Credit Union | We Take Care of Our Own

It looks to me they have increased their rate recently. It is now listed at 1.90% I believe it is still much better than going with Tesla.

 

[dethman]

78 months?! Holy crap that is a long time to pay for a car.

 

[TexasRat]

78 months?! Holy crap that is a long time to pay for a car.

True but at 3% that's a really good free-money loan Throw that money into the market and it should outgrow that by a large margin. It's a gamble, but gotta spend money to make money.

 

[Brave Ulysses]

78 months?! Holy crap that is a long time to pay for a car.

72 months

It’s teslas most common loan term.

and as posted above, kind of makes sense to do with interest rates below 3%.

 

[xyeahtony]

Alliant is still offering ~2.79% last i checked. (for 100D)

 

[Skyfox2]

Hi New member here..

Any one able to finance with their name and business name for tax purposes..aka 179 tax deduction?

 

[CovertADV]

Hi New member here..

Any one able to finance with their name and business name for tax purposes..aka 179 tax deduction?

Yes, I just recently did it (taking delivery tomorrow). Feel free to send me a PM if you have any questions or need a referral code

 

[jotango]

I was first offered Loans with 45-55k required down. I went back to just the financing and ask them for something closer to 0% down.

They came back with an offer at 1% down 72 months at 2.74% interest

 

[Varmint]

Tesla is quoting me 3.49% for 60 months on an X75 with 10% down and an 800+ credit score. Anyone know a nationwide source for funding that's a little more reasonable?

@jotango - who's "they"?