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Email from Tesla About 1.99% Financing

Discussion in 'Model S: Ordering, Production, Delivery' started by ahurst, Feb 6, 2016.

  1. ahurst

    ahurst Member

    Joined:
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    Location:
    Hot Springs, Arkansas
    I received an email from Tesla saying "Tesla's lending partners" were offering a limited time financing of 1.99% for 72 months loans.

    Anyone else get this?
     
  2. eenglish51

    eenglish51 New Member

    Joined:
    Feb 5, 2016
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    Location:
    Indiana
    I bought mine last Monday and they gave me the info to apply. The company is called Alliant

    Here is the link they gave me.

    Tesla Loan Application


    Applied Tuesday but still haven't heard back.
     
  3. MsElectric

    MsElectric Active Member

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    New York
    We got the same e-mail. Leasing is a better option for us due to being able to deduct the lease payments as a business expense so we are waiting for the lease terms to get better.
     
  4. taldric

    taldric Member

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    Federal Way, WA
    My credit union is offering 2.1%. Not sure the 0.11 % difference is worth the change.
     
  5. Plan B

    Plan B Active Member

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    Point West Credit Union in Portland offers 2.24 for 84 with credit scores 750 and above.
     
  6. BigAirHarper

    BigAirHarper Member

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    Destin, FL
    I got it too. They must know how many times I've visited CPO site in last month.
     
  7. racerx43

    racerx43 Member

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    60010
    Me too (1.9) I'm always on that site
     
  8. TexasEV

    TexasEV Well-Known Member

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    Austin, TX
    Alliant credit union has been giving rates like that or better for years. Search the forum and you'll see many of us who bought in 2013 financed with Alliant at 1.49%.
     
  9. pedriscoll

    pedriscoll Active Member

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    Location:
    Indianapolis, Indiana
    I financed through Alliant last June for 1.99%. They were very easy to work with and understood the Tesla process very well. I would highly recommend them.
     
  10. ahurst

    ahurst Member

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    Hot Springs, Arkansas
    So why would Tesla push the email campaign now? Demand slowing?
     
  11. Plan B

    Plan B Active Member

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    Obviously, why do you think they did the referral program. It's bound to happen, there only so many people in the world that can afford a Tesla.
     
  12. supratachophobia

    supratachophobia Active Member

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    Would you like contact info for a specific Alliant employee you could work with?

    - - - Updated - - -

    They had .99 for a while too.
     
  13. ZBB

    ZBB Emperor

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    Scottsdale

    I'm one of those that financed with Alliant in 2013… Their site shows the current rate is 1.99%...


    As for this email, is Tesla still offering the resale value guarantee -- if so, 1.99% from Tesla with the resale value guarantee is better than 1.99% from some place else without...
     
  14. CTShore

    CTShore Supporting Member

    Joined:
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    Location:
    Westbrook, CT
    I got the email, and bought my car last May. Perhaps just a mass emailing?
     
  15. AMPUP

    AMPUP Member

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    Dunn Loring, VA
    They have really messed up by low balling on trades. The best source on new sales would be to offer better upgrade programs to existing owners. I won't upgrade until there is a better deal, my current financing is better than what they are offering.
     
  16. rfmurphy81

    rfmurphy81 Member

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    Orange County, CA
    I have an approved application via Alliant right now that I made directly on their side. Are these emails a different type of loan product? I haven't received an email. If it is a different product, should I ask my DS whether I can take advantage of it so I can have the resale guarantee value that comes with financing directly via Tesla's loan product?
     
  17. jmsurpri

    jmsurpri Member

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    Location:
    Beaverton, OR
    I sent an email to my loan specialist at Tesla that locked me in at 2.49%. Seems like they should be able to honor the new lower loan rate. We'll see.
     
  18. Plan B

    Plan B Active Member

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    Good luck. You should try Point West, keep it local :wink:
     
  19. Wshowell

    Wshowell Member

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    Location:
    Arroyo Grande Ca
    Got it too. It appears on the first read through its a rate for new only. what's the CPO rate, anyone?
     
  20. Wknapp0924

    Wknapp0924 Member

    Joined:
    Jan 17, 2016
    Messages:
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    Location:
    Oceanside, Ca
    I got 2.2 for a used Tesla from Logix. I ended up Buying a new demo and just kept that same rate. It was super fast and easy. 20 minutes I was approved.
     

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