EcoCloudIT
Active Member
Time will tell mate, time will tell...
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
I reckon 3.89% comparison rate is a good deal.3.89 is not a steal. My commercial loan now has a 2 in front, and hurtling toward 2.5. Banks are borrowing at under 1%, so at 3.89 they are doing very nicely.
Funny because adelaide and hobart prices have increased the last two years. You eastern seaboarders need to see what happening further out. No sharemarket growth in 2019? Really...bit late to tell me that now, I’ve made stacks so far this year, as in bought, sold, profit taken....and even more but not selling several because the growth since the start of the year is still going strong..and no wage growth? Only for those that rely on socialism and mass wage increases. I know plenty of people that earn a lot more now than 12 months ago, but they are skilled and made the effort to learn that skill.
Those that haven’t done well, I guess we should just let them eat cake, eh?Only for those that rely on socialism and mass wage increases. I know plenty of people that earn a lot more now than 12 months ago, but they are skilled and made the effort to learn that skill.
What is "well" and who is "we"?Those that haven’t done well, I guess we should just let them eat cake, eh?
However 70% is often quoted around the place and I think just not right for any loan. After reading some T&Cs and talking to a broker and some other people about business car loans the point seems to be most have a complex calculation that is impossible to work out ourselves due to various variables, and since no one really understands it everyone will give you a different answer if you ask. Hence why lots of people here and on the facebook group keep getting told different things from different people from the same finance companies. If someone tells you something make sure you get it in writing!
Can anyone comment on exit fees for paying off Pepper's or Macquarie loans early?
Anyone else had issues with Peppers just not responding to their email inquiries? I did send my m3 order docs to that tesla email of theirs but they never contacted me back by phone or email. Not really fussed, just curious given lots of others seem to have had positive experiences with them recently, perhaps just really busy which i guess is understandable?
I think you’ll find that the Macquarie deal says you must pay a set number of equal monthly repayments, so if you are required to pay say $1500 per month, and there is $48 left, it will all have to be paid the next month.This is very common in business loans. This is due to the lost interest and often depends on a few factors.
From Macquarie consumer Tesla terms:
3.6 Early Repayments – if you fully repay the loan before the date for final payment under the Contract is
due, you must pay us an Early Repayment Fee as disclosed in the Schedule.
If you make payments greater than the scheduled repayments in this Contract, you must still make the
scheduled repayments on their due date for payment, until the Outstanding Amount is paid in full.
Early Repayment Fee - payable to us if you repay the Loan Amount before the last
day of the Loan Term set out above.
$50.00 + ($750.00 if
you repay in the
month the loan is
made, reducing on
a pro rata basis for
each month of the
loan term which has
expired)
Now keep in mind you could literally pay off the whole loan except for a dollar for every month remaining, and then just pay that and you'd still be good contractually, and only pay interest on the balance remaining.
Pepper was very delayed and useless when emailing me back and forth which is why I went with Macquarie. It was a foreboding sign and I didn't want to chance that they would be like that during the servicing of the loan.
Previously with financing I've always financed the full amount and had any deposit refunded to me, not sure if that is standard practice or not. Anyone know if that is normal or possible with Tesla?
Which Model did you purchase and how much are you financing? What are the repayments?Got approved through pepper. 3.89 is a fantastic rate. What is everyone's thoughts on pepper
Which Model did you purchase and how much are you financing? What are the repayments?
Thats good. I always wonder how they get the repayments so low of the Tesla website loan repayment calculator.75k.finance, about 950 a month. 35 percent balloon after 5 years - chattel mortgage