Best financing interest rates

[CovertADV]

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"?

75Ds are 3.49% via Tesla Lending
100Ds are 2.74% via Tesla Lending

You may have some luck with a lower rate through credit union like DCU or Logix. You can call and talk to a loan specialist to get info on max loan amount, rates, which bureaus/FICO models and min score for top tier before you actually apply.

 

[Varmint]

Thanks, I'll check a few more, but Tesla Lending seems to be pretty competitive, if not satisfying. It annoys me that 75Ds are at a higher rate than 100Ds. A 95K loan isn't enough to "qualify" for the best rate?

 

[jotango]

@jotango - who's "they"?

Tesla financing got me an offer from BMO Harris bank.
100D - 1% down 2.74% financing 72 months
~780 fico

 

[lobster429]

I've been financing through PenFed.org for years now. Easy to deal with but similar rates to Tesla. Just another option here.

New Auto Loans from PenFed - Find, Compare, and Apply Today

 

[xyeahtony]

Thanks, I'll check a few more, but Tesla Lending seems to be pretty competitive, if not satisfying. It annoys me that 75Ds are at a higher rate than 100Ds. A 95K loan isn't enough to "qualify" for the best rate?

100D has greater resale value so less risk to lender if you default.

 

[RockChalk_08]

So i just financed through clearpath fcu in southern California for 1.99%, 60 months. I have a great score, but i honestly couldn't believe how great the rate was.

I'm so excited! I applied online and they approved me the same day

I highly recommend them.

 

[Bogobec]

Any good financing option for Canada, Montreal?

 

[Insureit1]

I closed on financing last week with Fed Choice CU in Maryland. 1.49% for 72 months up to 125% LTV. Easy to work with and they have financed a bunch of Tesla's.