onesixeight
Member
I got approved by BofA for 60 mo at 2.49% for 90% of the value. I've read a lot both here and in other places about people having trouble with Bank of America but I gotta say, they were by far the easiest and most flexible loan agency I delt with. I tried Alliant, PenFed, USAA, not only would they not approve a 70% loan (which is what I asked for), the application process wasn't nearly as flexible.
The BofA agent I talked to was just as excited as I was that I was getting the car. He knew the entire process specific to Tesla and was willing to extend the approval offer for as long as it takes for Tesla to make and deliver the vehicle. He even offered 90% financing instead of the 70% I was asking for. I think I'll still take the 70% loan though as it looks like the stock market's going to flail soon and 2.49% isn't stupidly low.
That being said, perhaps the reason I got so far with BofA may be because they're my primary checking account as well as credit card.
Do you have a contact over at Bank of America or did you just call their loan number on the website?
Thanks in advance!