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Financing - non-Alliant options?

Discussion in 'Model S: Ordering, Production, Delivery' started by thegangler, Feb 6, 2017.

  1. thegangler

    thegangler Member

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    Looking at their sites, the lowest rate is up to to 2.49% :mad: Any other options? My delivery is set for next month and I know rates are on the rise, but figure it's worth a shot.
     
  2. slazhole

    slazhole Member

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    Northern VA
    Did you give them a call? The rates they provided over the phone for the Tesla were different compared to their site. Otherwise, check out credit unions for the lowest rates.
     
  3. JasJ

    JasJ Member

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  4. bugZPDX

    bugZPDX Member

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    Oregon
    I've typically found local credit unions to offer the best rates on car loans. We financed our Tesla locally here in the Portland Oregon area for 1.49% in December. Another local credit union is offering 1.79% currently but will also match lower rates.
     
  5. pfremm

    pfremm Member

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    Milwaukee
    Rate on the tesla website still shows 2.25. Did the 72 or 60 month rates go up as well?
     
  6. thegangler

    thegangler Member

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    I just applied even though I'm 45 days out, will update when I hear back. I applied ~45minutes ago and my Sales Advisor already emailed to let me know I was approved.

    My Delivery Specialist won't even reply to my emails, stark contrast.
     
    • Like x 1
  7. thegangler

    thegangler Member

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    Got a quote for 1.99 for 60, or 3.09 for 72. Will probably go with Alliant @ 2.49 if that's the best financing through Tesla can do.
     
  8. Havok1327

    Havok1327 Member

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    Location:
    St. Louis
    I was all set to pick up my car tomorrow and I called Alliant to give them my delivery date, I'd already been approved. And they told me rates went up to 3.24% for 60 months, 3.49% for 72 months and 4.24% for 84 months. Now I have to spend another day or so looking at local CU for better rates.
     
  9. RichardD

    RichardD Supporting Member

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    I went with Nik Rozgaja at Texans Credit Union. They were .75 below alliant 2.99 for 84 months on a CPO.

    Nik was great to work with and responsive.
     
    • Like x 1
  10. RichardD

    RichardD Supporting Member

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    972-348-3911
     
  11. AJCH

    AJCH Member

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    Houston, TX
    When I placed the order for my car (Jan 15) Alliant was at 1.74% for 72 months and when I called them last week to get an application in they were at 2.49% for 72 months. I went with a local credit union at 2.24% for 72 months but they let the rate lock stay in place for as long as I need it. My projected delivery date is Mid March.
     
  12. thegangler

    thegangler Member

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  13. boonedocks

    boonedocks Member

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    Ordered a 100D last night and received an email from a Tesla finance coordinator today. The people Tesla are going through are offering 1.99 for 72 months 10% or more down through March 31st. Hope my car is delivered by then
     
  14. ahurst

    ahurst Member

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    That's with the "equity discount" - whatever that is. Without it, rates are 0.5% higher.
     
  15. ahurst

    ahurst Member

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    Alliant said today for CPO --

    3.24% for 60 & 72 mths, 4.24% for 73-78 mths and 4.24% for 84 mths
     
  16. brkaus

    brkaus Active Member

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    When does one start financing? My car says late March early April delivery.

    No one contacted me.
     
  17. ahurst

    ahurst Member

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    Last minute if you want. Depends on how fast your lender works. Within 30 days of delivery is usual so no pre-approval docs have to be updated.
     
  18. boonedocks

    boonedocks Member

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    I was contacted by Tesla less than 24 hours after submitting my order. He did say the approval was good for 30 days so I said I would not unfreeze my credit for the "approval" until I saw something concrete on my order page for delivery
     
  19. pfremm

    pfremm Member

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    Milwaukee
    Is a financing coordinator different from a delivery specialist? I was planning on putting more than 10%.
     
  20. boonedocks

    boonedocks Member

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