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Financing - non-Alliant options?

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

  1. ⚡️ELECTROMAN⚡️

    ⚡️ELECTROMAN⚡️ Fritterer and waster of hours in an off hand wayer

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    You need to join this: - Financial Fitness Association. Will cost you $8 one time and then you will qualify.
    And here's the application link: Tech CU - Online Loan Application Center
    The main reasons I went with them was because they tied for the lowest rate I could find, didn't make me co-sign with my wife, and financed 100% of the purchase price for a 72 month term. Also no application fees or prepayment penalties. Everything I was looking for in a loan.
     
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    • Informative x 1
  2. bakchod87

    bakchod87 Member

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    Chicago
    It is 2.24% for new vehicles still.
     
  3. thegangler

    thegangler Member

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    Proof?
     
  4. mpinzur

    mpinzur Member

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    I received 1.99 from TD Bank via Tesla just yesterday for delivery next week.
     
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  5. ahurst

    ahurst Member

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    Term?
     
  6. thegangler

    thegangler Member

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    Got the same one from TD, term was 60 months.
     
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  7. MasterT

    MasterT Member

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    100% financed? or with down payment?
     
  8. thegangler

    thegangler Member

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    That was with $8k down.
     
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  9. InsaneDriver

    InsaneDriver Member

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    Silicon Valley based CU, I didn't see anything about Texas on their site. Tesla section to choose from. Rates as low as 1.99% for up to 66 months?
     
  10. ahurst

    ahurst Member

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    My local CU has 3.24 for 72 and 3.34 for 84.
     
  11. avesraggiana

    avesraggiana Member

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    Thank you for the links. If I understand you correctly, I join Financial Fitness Association first, and then apply for a loan at Tech CU.
     
  12. tennisman

    tennisman Member

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    Picking up my car mid March - thinking about financing - went thru Tesla (US Bank) - offered a rate of 1.99% for 24-72 months
     
  13. avesraggiana

    avesraggiana Member

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    Forgive my prying - what was the amount financed, and was it at 100% of your purchase price? I’ve been rooting around on these forums and I dare to think that I just may qualify for a low rate like this.
     
  14. MasterT

    MasterT Member

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    If the next Feds meeting on March 14 raises rates, I think it would be beneficial to apply and lock in rates before that date
     
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  15. thegangler

    thegangler Member

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    Good call, my pickup is scheduled for April 8th, so may just work out. Of course any delays to delivery could blow that plan out of the water..
     
  16. mpinzur

    mpinzur Member

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    Sorry... 72 months, 10 percent down. #RockStarCreditRating
     
  17. ⚡️ELECTROMAN⚡️

    ⚡️ELECTROMAN⚡️ Fritterer and waster of hours in an off hand wayer

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    Portland, Oregon
    Yes, it was an easy process.
     
  18. kmob07

    kmob07 Member

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    I ordered a new 90D at the end of December - taking delivery in a couple of weeks. Tesla offered 1.99% for a 60 month term as long as deposit was >= 10%. It looks like it is thru US Bank.
     
  19. ahurst

    ahurst Member

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    I did local CU at 3.34 for 84 months with 18% down. They would do 100% but I didn't want to do that.
     
  20. Pinot.Noir

    Pinot.Noir Member

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    Livermore, CA
    My credit union here in Livermore, UNCLE Credit Union, is currently offering the following:

    1.09% for up to 24 months
    1.84% for up to 60 months
    2.09% for up to 72 months

    Available until 2/26. Likely going to do the 24 month deal....that is a sweet rate!
     

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