Financing Tesla vehicles in Canada

[karpetkutter]

5/18/18

 

[Darthbenji]

Why did I wait???????

 

[karpetkutter]

On your delivery profile do you have any pending items? I didnt get the option to fill out the credit app until all the items were complete

 

[jshear]

I filled mine out today at 1230PM and haven't received anything back yet is this normal?


Jeff

 

[Darthbenji]

The only thing pending is financing. Should I switch it to cash and mention financing when they call?

 

[Darthbenji]

This is where I want it. Not quite 4 feet though.

 

[Darthbenji]

Whoops wrong thread

 

[Viv ki Bijli]

sell the car after a year to qualify for the rebate).

How does this rebate work?

 

[kellogg76]

I filled mine out today at 1230PM and haven't received anything back yet is this normal?


Jeff

If you're talking about the finance application, I had an answer back within 5 minutes. However it refused to go through the browser so I sent them a PDF of my form and they manually put it in.

 

[jshear]

Hi everyone I got approved for my car financing but when I click the review the terms button nothing happens? Did anyone else have the same issue?

 

[03DSG]

Hi everyone I got approved for my car financing but when I click the review the terms button nothing happens? Did anyone else have the same issue?

I never had that button. I accepted the terms that were emailed to me by a Tesla finance guy in Cali. Then the payment method turned green with a check mark.
Are you using iOS or a PC?

 

[jshear]

I never had that button. I accepted the terms that were emailed to me by a Tesla finance guy in Cali. Then the payment method turned green with a check mark.
Are you using iOS or a PC?

I tried both a PC and IOS and it didn't work. Then after a few hours the button started to work. I accepted the terms. All good now.


Thanks

Jeff

 

[spurs10]

What do we have to send in to Tesla when we apply for financing?

 

[03DSG]

What do we have to send in to Tesla when we apply for financing?

You just have to fill in the online application they link to your account. If they want supporting documentation I'm sure they will ask for it.

 

[Viv ki Bijli]

One comment on the car loan at 2.45% above - you can only do lump sums equal to 10% a year like TD's mortgages; you can't pay it off any faster than that. I did something similar with my S and my HELOC. So if you think you're going to sell the car before the term is up, you'll have penalties. That's why I'm sticking with Royal's 3.99% - I can pay it all off anytime(ie sell the car after a year to qualify for the rebate).

I can pay up to 20% of mortgage amount every year if I can manage that amount - -

Also I do not think I will sell the car in even 10 years.

I did not get point about rebate by sale of car after 1 year

 

[balzary]

Was just wondering what the process is if I want to prepay throughout the life of the loan, I don't see an account number or anything on the forms. How do you make a separate payment other than your agreed upon payments? Can you see the balance online through a web account or something? Just some thoughts I had now when I can't get an answer from any official source

 

[balzary]

Was just wondering what the process is if I want to prepay throughout the life of the loan, I don't see an account number or anything on the forms. How do you make a separate payment other than your agreed upon payments? Can you see the balance online through a web account or something? Just some thoughts I had now when I can't get an answer from any official source

Turns out as I have an RBC account for my credit card they just added it to that profile. So I can see it on there. That was simple, and required me to do nothing! Nice.

 

[spurs10]

So I briefly texted my the sale rep who gave me a test drive on model X to inquire about interest rate on the 3 from 5-8 years term. He said it’s now 4.5-5%!!

 

[Anto]

This is what I got for my rate, 4.54% on June 7th. Sadly they went up because we waited too long.

 

[spurs10]

This is what I got for my rate, 4.54% on June 7th. Sadly they went up because we waited too long.

How long is the term?