Woah that's crazy congrats!
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Woah that's crazy congrats!
This is great to see! I am going to have them match as well. Just need the damn VIN!
Yes, when I was on the phone with the DCU loan rep, I had told her I was already depositing $10 bimonthly to make sure I had it all setup prior to applying. She said that will not be enough, but the amount of the monthly loan will be enough to qualify and she said I had 90 days to make sure it was setup. I made sure to ask, "Does this mean the 1.24% will show on the DocuSign document?" and she confirmed yes. And yes it was on the document so I was able to send it to [email protected].Remember, to get the 1.24% rate from DCU, you need to have your paycheck deposited into their account. Some have said they were able to just deposit enough to cover the car payment, but it is still a little bit of a hassle. If Tesla can match, that is the better route.
This is great to see! I am going to have them match as well. Just need the damn VIN!
Bleh, too much work for maybe an additional 0.75% discount. Think I'm just gonna keep my 1.99%/72 month offer. Probably will go with the local credit union instead of U.S. Bank/Tesla though.I will also add that for DCU beside the direct deposit, the delivery is also a bit more of a hassle cause you have to make sure the check is delivered to you or tesla in time for delivery.
That said, I personally don't like the idea of using a CU to rate match with a big bank but that's a me thing. If you can pull it off, you will definitely save some time and energy.
If you are already a DCU member, then instead of applying, you can accept the offer that shows up on the front dashboard screen to the right, that way it won't do a hard pull until the loan is approved after MVPA is uploaded.Thank you for the detailed explanation. I am a DCU member from last 10+ years, so that's taken care of.
So I will wait for the PIN, and then I will apply for DCU and tesla loan simultaneously.
Thanks once again for your help.
I personally don't like the idea of using a CU to rate match with a big bank but that's a me thing.
Can either you or @Fakedevil educate me on this? I've been doing research to find how to get the best rate and savings for my purchase. Similarly what I've done for mortgage rates or refinancing. Is there something I did ethically wrong? Or fundamentally bad to affect my credit?
I guess because I initially accepted Wells Fargo / Tesla Financing I did not get a MVPA but a Finance Contract. They wouldn't accept the finance contrat either.They won't take the order agreement (MVOA). They want to see the Motor Vehicle Purchase Agreement (Mvpa). DCU accepted my Mvpa, but be mindful if it correctly lists your down payment or lack thereof.
View attachment 670553
Can either you or @Fakedevil educate me on this? I've been doing research to find how to get the best rate and savings for my purchase. Similarly what I've done for mortgage rates or refinancing. Is there something I did ethically wrong? Or fundamentally bad to affect my credit?
Yeah, in the end they might not be getting all of the auto loans, but they are getting some I'm sure. And the low rate is attracting people to DCU who has never heard of them. I am also keeping the $1,000 parked there. Also, all of the volume is driving $10 donations. I know its small, but there is some good happening with opening an account with them.It sort of feels wrong to just take a CU offer to force a banks hand. Like asking Amazon to price match a mom and pop store.
That being said, it's a pain to have to split direct deposits, and wait for 2 hours on hold etc. I'll probably ask for a price match, because worst case they say no and I use DCU. I already moved 1k into savings for that sweet 6%. So at least they got some money from me. And I'm looking at home loans with DCU to since they seem competitive.
Understood.Yup, like if you own a small business selling something a big box store sells. And the customer just uses your pricing to force match with big box store, you probably would feel a bit used at the least? I know this is how economy works but if its for the same cost, I rather just support the smaller/local stores where I can.
if the service I am getting from DCU gets worse.. then I might reconsider that too And man their portal needs some work too.. but their loan rates and interest rates are pretty amazing..
Not exactly stealing from the poor to give to the rich though. More like very affluent to the uber rich.Yup, like if you own a small business selling something a big box store sells. And the customer just uses your pricing to force match with big box store, you probably would feel a bit used at the least? I know this is how economy works but if its for the same cost, I rather just support the smaller/local stores where I can.
if the service I am getting from DCU gets worse.. then I might reconsider that too And man their portal needs some work too.. but their loan rates and interest rates are pretty amazing..
Nothing wrong with ethically finding the cheapest rate or better cash flow whether it is Bank/CU. I don't have my mortgages with CUs, they are with whoever can give me the cheapest rates.Can either you or @Fakedevil educate me on this? I've been doing research to find how to get the best rate and savings for my purchase. Similarly what I've done for mortgage rates or refinancing. Is there something I did ethically wrong? Or fundamentally bad to affect my credit?
I guess because I initially accepted Wells Fargo / Tesla Financing I did not get a MVPA but a Finance Contract. They wouldn't accept the finance contrat either.
I have already picked up at this point.Do you have your VIN already?