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Choosing between Tesla and 3rd Party financing - does it matter?

Discussion in 'Model 3: Ordering, Production, Delivery' started by sbtz, Aug 6, 2018.

  1. sbtz

    sbtz Member

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    Jan 18, 2016
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    Location:
    southern california
    My order currently has third party financing, since I intend to go to my local credit union, but I wonder if it matters at all what I've chosen? Is there any downside to choosing to finance through Tesla (really, through one of their third parties)? I figured it might streamline the process, and worst case is that I turn down their financing options and substitute my own...
     
  2. forkee

    forkee Member

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    Jul 20, 2018
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    Location:
    Southern California
    Better rates through third party lending?

    I got 2.74% for 75 months through my credit union vs their 3.5 for 72
     
  3. sbtz

    sbtz Member

    Joined:
    Jan 18, 2016
    Messages:
    236
    Location:
    southern california
    Oh definitely, that's why I'm more likely to go with my credit union... I just mainly meant for the order process. I wonder if it changes VIN assignment, or if there's any downside to choosing (at least initially) to go through Tesla.
     
  4. forkee

    forkee Member

    Joined:
    Jul 20, 2018
    Messages:
    288
    Location:
    Southern California
    Oh no. No difference. I went back and forth. I did the tesla financing form just to get their rates but switched to my own after I got their numbers.
     

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