All excellent questions.
Financing: I frantically Google for 0.99% interest rate for new car loan. Many options came up however, many of them were only for periods of maybe 36 months. There was a lot of talk for DCU (digital credit union) and therefore I chose to give them a shot. The experience with them was extremely smooth, like I shared in couple of my previous posts on this thread and all of the loan stuff was taken care of in literally one day. I gave them a call on Friday the day my Vin was assigned and then I had the check in my hands on Saturday the following day. Now someone on this thread shared not such a pleasant experience for them and hence your mileage may vary.
Insurance: so insurance is a slightly different story for me. Some of us are cop magnets (like myself) and have more than the desired number of tickets on our driver license. So the decision was an easy one for me as to not change the car insurance carrier. Good news is I’m paying about $650 for six months for Tesla model Y insurance with deductibles of thousand dollars for collision and 500 for comprehensive or something along those lines. My insurance limits are 250, 500, 250. Hope this helps.
Tips before taking delivery: first and foremost is do not set your financing with Tesla instead in your order keep it at cash. That’s what my Tesla advisor told me at the time of ordering the car and it helped a lot because I did not have anxiety about the rate expiring. Now I did have anxiety about getting the best rate depending on when the car came and if the rate would be as low as they were at the time I booked the car. I guess I got lucky because the rates did not go up as much as I had expected interestingly at the time. When I booked the car the interest rate was 0.99% and now I got a loan at 1.24% which is not that bad.
Second I opined and spend a lot of time thinking about the new car, dreaming about the new car and getting anxious as to why it was taking such a long time etc. etc. The good news is there are so many folks like us on this forum and genuinely and honestly speaking this thread is what kept me going and made this wait less painful. So spend your time here and try to contribute to this thread in whatever way you can and make this a richer place and a better place than it already is. To use the golden words I would say “inner peace“.
All the best in your wait, I’m sure your car is on the way. I will post my delivery experience tomorrow and will say the golden words that folks before me have said, tomorrow, after hopefully taking the delivery of the car successfully which I’m hoping goes smoothly.
