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Certified check or personal check

tm1v2

Active Member
Oct 18, 2021
1,418
1,030
USA
I had no problem with them accepting a large personal check
Where at?
Was it for the full price of the car, or just a loan or lease downpayment?
Did you ask in advance if a personal check would be okay, or did you just show up with one?

The website said no personal checks, and two different delivery center reps both told me the same over the phone. With Tesla's constant sales numbers pressure, I'm kind of wondering what would've happened if I didn't ask and just showed up with a personal check... 😆

That said, I don't begrudge Tesla at all for (sometimes?) not accepting person checks. I sure wouldn't accept a personal check for a ~ $50k+ car purchase. It's been a while since I bought a car from a dealer, but I recall dealers not accepting personal checks either (for full "cash" payment).
 
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tm1v2

Active Member
Oct 18, 2021
1,418
1,030
USA
Why not just use ACH? Same principle and easier
Many of us don't see a reason to pay for a car before it's in front of us, ready for us to take the keys. I actually did prepay for a car once, but for most car purchases in my life, I've paid as I picked up the car, whether it's new or used, dealer or private seller.

Personally I do trust Tesla to eventually get me the car I ordered, so I considered pre-paying, but ultimately I just didn't see a reason to. Certainly Tesla doesn't need my money to build the car in today's market. There's no such thing as a highly custom Tesla build, and if I didn't end up buying the car, someone else would in short order! (Actually I ended up spotting a config I wanted in inventory a few days after I ordered, so probably what really happened is I took someone else's cancelled order. :))

Now for ACH itself...if I was going to prepay, I would be fine with normal ACH. However the Plaid payment service Tesla uses for ACH requests your banking login and password. DO NOT GIVE THAT OUT, not ever, not to anyone! Asking customers to give that out is a HORRIBLE security practice.

If you want to prepay for a new Tesla I suggest wiring the money. The wire instructions should be in your MVPA (Motor Vehicle Purchase Agreement), if I recall correctly.
 

stopcrazypp

Well-Known Member
Dec 8, 2007
12,035
7,830
Many of us don't see a reason to pay for a car before it's in front of us, ready for us to take the keys. I actually did prepay for a car once, but for most car purchases in my life, I've paid as I picked up the car, whether it's new or used, dealer or private seller.

Personally I do trust Tesla to eventually get me the car I ordered, so I considered pre-paying, but ultimately I just didn't see a reason to. Certainly Tesla doesn't need my money to build the car in today's market. There's no such thing as a highly custom Tesla build, and if I didn't end up buying the car, someone else would in short order! (Actually I ended up spotting a config I wanted in inventory a few days after I ordered, so probably what really happened is I took someone else's cancelled order. :))

Now for ACH itself...if I was going to prepay, I would be fine with normal ACH. However the Plaid payment service Tesla uses for ACH requests your banking login and password. DO NOT GIVE THAT OUT, not ever, not to anyone! Asking customers to give that out is a HORRIBLE security practice.

If you want to prepay for a new Tesla I suggest wiring the money. The wire instructions should be in your MVPA (Motor Vehicle Purchase Agreement), if I recall correctly.
Yeah, the Plaid process is a security issue given you are trusting your entire online bank account to a third party (it's not using some kind of controlled authorization like OAuth), but it seems it's getting quite popular, as a lot of places use Plaid now. One way to address the security issue is to set a temp password, use it only for this transaction and change it immediately after the money is over.
 

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