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Car Loan

Discussion in 'Model S: Ordering, Production, Delivery' started by SeminoleFSU, Oct 11, 2013.

  1. SeminoleFSU

    SeminoleFSU Member

    Joined:
    Apr 5, 2013
    Messages:
    718
    Location:
    Atlanta, GA
    Hey guys,
    What's the best deal out there for a car loan? It seems to me that is Alliant Credit Union.... That is, if you don't care about the depreciation "guarantee" you get when going with Wells or US Bank through Tesla... Just want to make sure I'm not overlooking something, but Alliant looks hard to beat!
     
  2. brandonmbeard

    brandonmbeard Member

    Joined:
    Aug 27, 2013
    Messages:
    220
    Location:
    West Chester, Ohio, United States
    USAlliance had a good deal last month for 1.99%. Dunno if thats still good or not. They also finance the entire car if thats your cup of tea.
     
  3. LV2SF

    LV2SF Member

    Joined:
    Aug 2, 2013
    Messages:
    53
    Location:
    Nevada
    USAlliance is up to 2.99% but as @brandonmbeard said they finance 100% or up to 120% if you qualify and want to take advantage of cheap money to pay registration, Opti-Coat, Xpel, floor mats, sales tax, blah, blah, blah. Very simple online process and great service from Jon K. Good luck!
     
  4. SamGarber

    SamGarber S85 "Whale Shark"

    Joined:
    Sep 5, 2013
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    533
    Location:
    Philadelphia
    +1 for JonK - if you reach out to him you should have it all done same day.
     
  5. texex91

    texex91 Banned

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    Aug 21, 2013
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    hell
    I realize that's for 100%, but 2.99 in today's rates is HIGH!

    I paid cash, but if I had taken a loan, my bank was offering around 1.25%.
     
  6. umuhk

    umuhk Member

    Joined:
    Sep 17, 2013
    Messages:
    52
    Location:
    Pacific Northwest
    We managed a 60-month 90% loan for 1.89% from Bank of America.
     
  7. jcaspar

    jcaspar Member

    Joined:
    Aug 19, 2013
    Messages:
    793
    Location:
    Sacramento
    Alliant Credit Union is 1.49% now for up to 95%. I am working with Scott Paulson ([email protected]) He says he has done more than 100 Teslas and is very knowledgeable. He can also help you get set up as a member too.
     
  8. texex91

    texex91 Banned

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    That's more inline--and HALF of 2.99%! 5% down is nothing--that's a good deal.
     
  9. ausdma

    ausdma Member

    Joined:
    Sep 21, 2013
    Messages:
    120
    Location:
    Austin, TX
    Will be checking out Alliant this coming week.
     
  10. AmpedRealtor

    AmpedRealtor Active Member

    Joined:
    Jun 30, 2013
    Messages:
    4,704
    Location:
    Buckeye, AZ
    I received 100% financing from USAlliance in August at a rate of 1.89%. That was a great deal at the time, it's unfortunate that their rates have gone up. I could not get as good a deal from Alliant at the time, they required a minimum 10% down payment and offered a maximum financed amount of $80k because I did not have a credit history of other similar, expensive vehicles. Alliant seems more risk averse than USAlliance.
     
  11. Gizmotoy

    Gizmotoy Active Member

    Joined:
    Sep 16, 2013
    Messages:
    3,143
    Location:
    Bay Area, CA
    This government shutdown stuff is killing me. I'm hearing if there's no deal, we may see an interest rate spike this week. I take delivery 11/26, so I can't lock in a rate for probably 2 more weeks. Arg! :cursing:
     
  12. Dylan

    Dylan Member

    Joined:
    Sep 7, 2013
    Messages:
    378
    Location:
    Breda
    Lol, interest rates of < 2%. Thats below inflation. I'd be extremely happy if I get <5% here. And I am not in a third world country either.
     
  13. snake9

    snake9 New Member

    Joined:
    Jun 24, 2013
    Messages:
    3
    Thx for the heads up
     

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