Financing Tesla vehicles in Canada

[lukex4]

I confirmed the new rates, it was automatically updated in my account from 4.25% to 4.04% for 96 months.

Taking delivery this evening.

 

[Fosomo]

I confirmed the new rates, it was automatically updated in my account from 4.25% to 4.04% for 96 months.

Taking delivery this evening.

Did you have to call them to have the rates fixed? My 30 months approval is about to expire and I do want the best rates. Also, if I compare with the chart of April rates you posted, 96 months with RBC should be 4.15% why do you have the 4.04% associated with Scotia?
Thx for sharing the info and letting everybody enjoy a better financing plan!

 

[lukex4]

Did you have to call them to have the rates fixed? My 30 months approval is about to expire and I do want the best rates. Also, if I compare with the chart of April rates you posted, 96 months with RBC should be 4.15% why do you have the 4.04% associated with Scotia?
Thx for sharing the info and letting everybody enjoy a better financing plan!

No call, it just updated itself on my account page. I didn't take delivery yet so I'll sign all the paperwork this evening.

 

[Fosomo]

No call, it just updated itself on my account page. I didn't take delivery yet so I'll sign all the paperwork this evening.

That's great! Hopefully I see the same update soon! Enjoy your new car and give us your impression! Can't wait for mine

 

[03DSG]

Just got offered 3.52%, 72 months, RBC on April 9, 2019

Through RBC? That looks lie Scotia's April rate:

 

[lukex4]

So I got 4.04% with RBC (I guess they did a "pricematch" with Scotia) for 96 months:

 

[jchen89]

Through RBC? That looks lie Scotia's April rate:

 

[03DSG]

Awesome. The lower the better. Nice to see them rate matching.

 

[topgun36]

Through RBC? That looks lie Scotia's April rate:

Currently on end of March Rates (96 months 4.25%); emailed Tesla financing if it would be possible to switch over to the new lower rates and they replied

"Unfortunately the rates have changed since the end of the first quarter. I would suggest applying for financing with your own bank or another third party lender in order to receive a more favorable rate."

I'll try again with my DA when I get a VIN/Delivery date

 

[yuvraj94]

I just put in my order ... apparently rates are now 4.6% for 96 months :/

 

[boshunter]

I just got off a call and the rate is 4.15 for 96 with RBC
Debating if I should pull the trigger.
M3 LR RWD...

 

[jchen89]

I just got off a call and the rate is 4.15 for 96 with RBC
Debating if I should pull the trigger.
M3 LR RWD...

I think you should...I've been told by multiple Tesla employees that the M3 LR RWD is being discontinued and won't be produced anymore. Not sure how true that is

 

[boshunter]

That's what they told me too.
Sadly inventory LR RWD don't come with auto pilot and I have to pay full 4000 for it.
No discount.

 

[03DSG]

I just got off a call and the rate is 4.15 for 96 with RBC
Debating if I should pull the trigger.
M3 LR RWD...

If you want an LR RWD buy it now. It may not be available off-menu for long.

 

[yuvraj94]

I was told 4.6% initially, but after going through approval I got the same 4.04% rate!

 

[Kdot]

I was told 4.6% initially, but after going through approval I got the same 4.04% rate!

It says 4.60% online. How did you manage 4.04%? Was it automatic?

 

[yuvraj94]

It says 4.60% online. How did you manage 4.04%? Was it automatic?

The sales agent I spoke with said 4.6% as well. However after submitting my financial info, it came back a few hours later with this rate automatically.

 

[Kdot]

I can confirm that my interest rate now is lower as per others posts above . I didn’t have to do anything (or at least the rep never responded to my email)

 

[Spenny818]

I applied for financing through Tesla on April 10, and was approved April 11 for 72 months @ 3.52% through RBC. Was quite happy to get lower then the advertised rate without even asking for it!

 

[Threader]

Same here approved April 15 for 60 months @ 3.52% through RBC.