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Discussion in 'Model 3' started by stayfocus18, Aug 28, 2018.
Can you pay the amount due with a credit card if your financing 90%?
Yes, I believe you can
Frequently Asked Questions - Ordering a Tesla
Can I use a credit card to pay for my Tesla?
Credit cards can only be used for the initial deposit. Acceptable methods of payment for the final amount due include electronic check (direct debit), personal check, certified check, and wire transfer. Acceptable methods of payment may vary with time constraints, delivery method, and delivery state.
Here is a hack if you are into points.
A travel hacker snagged himself $5,000 of 'free' travel by using a credit card to buy a $60,000 Tesla
Directly to Tesla, no. Workarounds, yes.
Sorta off topic but does the mvpa show your address? Thanks a lot for the help btw... I’m taking delivery this week
Yes it does.
The hack is to use Plastiq. They charge 2.5% and put the purchase on your Credit card.
The hacker got 3X points and turned $330 worth of points into $5,000 worth of travel rewards.
that hack doesn't work anymore. The chase ink card no longer codes plastiq purchases for 3xpoints/dollar which makes the entire endeavor not worth it. No way you're getting more value than the 2.5% transaction fee plastiq charges you.
Assuming they still let you, Plasiq is still valuable if you want to buy your Tesla with a credit card!
I've been looking at debit cards with points as a way around this for my rent (my landlord accepts Venmo and Apple Pay cash). Might it be a way to get points on my Tesla purchase? Delta SkyMiles® World Debit Card | SunTrust
This one seems to offer points on most transactions. I've not fully researched it yet.
Personal checks are not accepted at a lot of the delivery centers. I was only given the options of cashiers checks or EFT transfer
If they let you use multiple cards it'd be pretty easy to get a ton more than 2.5% in value on that spend doing a number of CC signup bonuses with it. Don't know that they allow that though and it'd require a bit of logistical work.
FWIW my ISA told me they can take a personal check up to $6000- I expect it varies by state/DC though