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Can I Make Multiple Payments Between Ordering and Delivery?

KettleOfHawks

Member
Jun 25, 2014
36
0
Metro Detroit, MI
Can you make multiple payments during the time between the down payment and taking delivery? For example, after I pay the $2,500 down payment, can I make an additional $5-10k payment every couple of weeks until I give them the balance prior to delivery?
 

max amp

Member
Sep 3, 2015
30
0
Bowie, MD
That's a great question in my opinion. I assume you are trying to minimize your monthly so trying to exercise discipline in directing $$ to your new MS? I'm with you. How about opening another account where you don't have a debit card :)
 

AlMc

'When the music is on...you gotta dance' (Go Elon)
Apr 23, 2013
7,348
15,507
Delaware
Can you make multiple payments during the time between the down payment and taking delivery? For example, after I pay the $2,500 down payment, can I make an additional $5-10k payment every couple of weeks until I give them the balance prior to delivery?


Yes. You just need to contact either your inside delivery person (if they have assigned one..they may not anymore) OR your Delivery Specialist where you intend to take delivery of your car. AFAIK you can not make multiple additions to your deposit via credit card it must be in check/wire transfer form.
 

KettleOfHawks

Member
Jun 25, 2014
36
0
Metro Detroit, MI
FWIW I contacted my Tesla rep and he said yes you could, as long as you tell them the amount you plan on financing before you make those extra payments. Something about getting all the paperwork in order so they can just apply payments to your account. Looking forward to placing my order next month!
 

davewill

Active Member
Feb 5, 2014
1,828
1,981
San Diego, CA, US
OMG! I can't imagine why we didn't think of this sooner!
Tesla presents!!!!


Layaway!


Can't afford that Model S? We'll let you put 10% down, and you can make payments until you've paid it off. Then just come buy and drive off in your new Tesla!
 
May 27, 2015
975
195
Parker, CO
I don't understand layaway, honestly. Isn't that called a bank account? As if the gadget is going to magically get worse and more expensive if you wait to lock it in now? It'll be newer, better, and likely cheaper when you save up for it and buy it later, won't it?
 

davewill

Active Member
Feb 5, 2014
1,828
1,981
San Diego, CA, US
Layaway is handy for people who don't have bank accounts, can't qualify for credit, or are just lousy at saving. It also locks in the price (whoa that big screen is on sale! but I can't afford it).
 

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