I redid my financing and I got 2.4 for 72 months, I’m in Vancouver
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Initial financing on M3 SR+
BMO
Amount Financed
$46,553.03
Monthly Payment
$684.64
Term
72 months
APR
1.9 %
I do have a mortgage with them as well which may have helped as the SA mentioned. This is the lowest they've ever seen it here in Toronto. I'm still waiting on VIN, and I placed order on March 26th. Not sure if they'll re-do numbers anytime soon.
BMO
Amount Financed
$46,553.03
Monthly Payment
$684.64
Term
72 months
APR
1.9 %
I do have a mortgage with them as well which may have helped as the SA mentioned. This is the lowest they've ever seen it here in Toronto. I'm still waiting on VIN, and I placed order on March 26th. Not sure if they'll re-do numbers anytime soon.
sonrantos
Member
Surrey, BC. Applied with Tesla financing last night. Got approved today for M3 LR.
RBC
2.9% APR
96 months
10k down
RBC
2.9% APR
96 months
10k down
Same rate I got for 96 months in BC, it was 2.5 just a month or so ago
Mind if I ask what your monthly payment is?
sonrantos
Member
Credit score and assets possibly?
I have a credit score of around 800 with a decent salary in Toronto which probably contributed to my 1.9% over 72 month rate.
Last edited:
i just bought my model 3 last and and got approved at rbc for 2.8 percent...haven't looked at getting anything better as im ok with that.
I'm 100-150K CAD salary. Can't remember if they actually asked for my net worth, but the bank that I have a mortgage with also offered me that rate so they have all my information.
Do you ever think about how every dollar you make the governent takes about (and almost more than) 50% of that?
Anyway going back to 1.9% that's very low. I used to think that these banks have a uniform rate for everyone (only variable being which bank and how long the term is) but in your case it's definitely lower than the standard!
Huh. I’m in that bracket. I pay nowhere near 50 percent though. Are you vonDo you ever think about how every dollar you make the governent takes about (and almost more than) 50% of that?
Anyway going back to 1.9% that's very low. I used to think that these banks have a uniform rate for everyone (only variable being which bank and how long the term is) but in your case it's definitely lower than the standard!
Beat me to it. Not even close and I live in BC. Sounds strange.
On the other hand I have seen a LOT of the world. And generally speaking, those of us living in socialist leaning societies with a little higher taxes seem to have much better qualities of life. Somehow I won the lottery of life and was born in Canada. I happily pay my taxes.
JMHO.
On the other hand I have seen a LOT of the world. And generally speaking, those of us living in socialist leaning societies with a little higher taxes seem to have much better qualities of life. Somehow I won the lottery of life and was born in Canada. I happily pay my taxes.
JMHO.
**marginal** rate close to 50% not average tax rate.
I used to be in that bracket - very fortunately and thankfully i have been able to move up at work - but now every dollar i make the gov takes 45cents+ from me. it feels very difficult to get to where i want to be financially.
i get the qualities of life argument - yes the people are nice and we have the ocean in BC - but there are lot of inefficiencies too (no family doctor, quality of healthcare (yes its free but the quality...) policies geared unilaterally towards lower income groups, homelessness, drug issues, ever-increasing taxes), gas prices (now 155.2cent on the Island) - which pushed me to buying an EV but then they capped the subsidy at 50k (like if people are buying EVs that are 50k+ they are not helping with the environment). i am grateful for what is offered to me - and i see that most people around me are grateful too - i just hope that more people complaint so the government knows that the middle class has to be taken care of too.
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