Down payment tesla x plaid

[RodolfoMattei]

There is a minimum of down payment to get approved for tesla x plaid ?
I'm asking that because I've order the tesla plaid and my delivery date will be March 17.
I need to apply this Monday March 14.

If I choose 2k usd monthly payment, I have to pay at the deliver around 12.5k usd (included tax and fees around 8.5k) so my down payment will be around 4k usd.

So, this very low or I should offer more in my application ? What you guys think ?

 

[Bendrumin]

The more you offer the less the payment

 

[RodolfoMattei]

The more you offer the less the payment

I know that. What I wanna know is...to get approved fast...

 

[Empty tank]

I know that. What I wanna know is...to get approved fast...

That all depends on your previous credit and credit score.

 

[RodolfoMattei]

Ive just complete the application few min ago....lets see hahaha

 

[RodolfoMattei]

IVe got approval, 2.74 wellsfargo with 15% down payment !

 

[laceyboy]

Down payment or not, it depends on your credit worthiness. Lender may also look to your debt to income ratio.
If you have a mortgage with good payment history, you may also have better chance to get approved.
I would also shop around once the first lender pulled your credit.
Like others said, the more you put down, the less your monthly payments.

 

[RodolfoMattei]

Down payment or not, it depends on your credit worthiness. Lender may also look to your debt to income ratio.
If you have a mortgage with good payment history, you may also have better chance to get approved.
I would also shop around once the first lender pulled your credit.
Like others said, the more you put down, the less your monthly payments.

I've got it 2.74% with 15% down-payment (including taxes fee) tesla x plaid.

 

[wildstar]

We got our plaid a few weeks ago and put 0 down. As others have stated, approval and terms is completely based off your credit profile. I would guess that it doesn’t offer 0 down off the bat for anyone.

 

[laceyboy]

I think the banks don't like you if you want to come in and walk out with a brand new car and pay nothing unless you have a perfect credit profile.
Got mine approved overnight (applied midnight) from US Bank for 2.75 with 6K down.
I know rates may change due to long wait but who knows the X may come earlier since all pre-delivery tasks is done.

 

[SWIPE]

If you have great credit and can afford it, put zero down, as the risk is if the car is a LOSS in an accident within the first year or two, your down payment could be lost if the INS gives a low ball price of value for replacement.
Make sure you have gap insurance and a car insurance with an added Full Replacement Value (cost is minimal addition), this adds a % over the value of your car if totaled so that you have less of a hit if the car is lost and buying a new one.

Zero down will be a higher payment, however you can pay off the car in a few years when there won’t be as big of a depreciation.

Just my 2 cents Re:Financial Risk mitigation.