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Do I have to ACH down payment or can I take a bank check when I go to pick up?

Discussion in 'Model 3: Ordering, Production, Delivery' started by gujudog, Jul 15, 2018.

  1. gujudog

    gujudog Member

    Joined:
    Jun 28, 2018
    Messages:
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    Location:
    11001
    Picking up tomorrow and was wondering if I have to ACH the payment through my account before my meeting or can I take a bank check. My CU that I am financing through wants a copy of official bank check to process the loan.
     
  2. MissyMcBee

    MissyMcBee Member

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    Dec 4, 2016
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    Location:
    Scotts Valley
    What did the instructions from your ISA say? Read your email.../
     
  3. boaterva

    boaterva Supporting Member

    Joined:
    Apr 2, 2016
    Messages:
    5,141
    Location:
    Northern Virginia, USA
    Yeah, lots of these. It usually depends on the location and amount of the payoff. Most of mine was the loan from Alliant with about $10K from a personal check. But I also believe Tesla ran a credit check. So YMMV.

    You’d think a bank (cashiers, etc) would always work but there have been so many scams with these recently, who knows what their policy may be.
     
  4. EV-Tiger

    EV-Tiger Member

    Joined:
    Mar 5, 2018
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    13
    Location:
    Cypress, TX
    Where do you live/take position of the car? If in Texas, you must pay in full for the Tesla before it is loaded on the transport for shipment to your service center.
     
    • Informative x 1
  5. psyrob

    psyrob Member

    Joined:
    Apr 23, 2018
    Messages:
    53
    Location:
    Sherman Oaks
    In So Cal, I used a cashier's check for the full amount, the funds for my loan were deposited by the bank right into my checking account. I could have used ACH, but felt safer going with the cashier's check. When I got to the delivery center, they let me know that I could have used a personal check for any balance that was left, but the cashier's check covered it all
     
    • Informative x 1
  6. LBH PML

    LBH PML New Member

    Joined:
    Jul 15, 2018
    Messages:
    3
    Location:
    California
    My rep confirmed that I could use a personal check for the full amount. Delivery went smoothly.
     

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