Financing Tesla vehicles in Canada

[Mdubz]

3.9% at 96 with RBC today

 

[justinchu77]

Applied for financing today, RBC quoted 3.45% for all term lengths. I went with 48 months

sorry I just got on the club. The site shows 4.6%, at the store they will negotiate with you and the banks again? is that how it works.

 

[trdb]

3.9% all terms with RBC yesterday

 

[trdb]

sorry I just got on the club. The site shows 4.6%, at the store they will negotiate with you and the banks again? is that how it works.

The website just shows an estimate. Not sure if that’s the worst case scenario or what but it doesn’t seem accurate for anyone so far. No negotiation is needed on your part. It’s all automatic. The bank just supplies the best rate based on your credit portfolio.

 

[justinchu77]

The website just shows an estimate. Not sure if that’s the worst case scenario or what but it doesn’t seem accurate for anyone so far. No negotiation is needed on your part. It’s all automatic. The bank just supplies the best rate based on your credit portfolio.

THANKS, I placed my order today. hope I get approved...at a good rate too!

 

[Monduiz]

Has anyone turned in a leased car as a trade in (end of lease)?

 

[justinchu77]

got 3.9 just now by RBC

 

[trdb]

Has anyone turned in a leased car as a trade in (end of lease)?

I think you’ll have to return to the manufacturer... I could be very wrong on that, but I think that’s how it works. If you return to them early you need to pay remaining lease payments as well AFAIK.

 

[alpic007]

Does anyone know the branch address for the RBC financing for Tesla in Ontario?

Leasebusters.com will be your friend ;-)

 

[BBone]

Has anyone turned in a leased car as a trade in (end of lease)?

We did last December. Just brought it in and we signed something. There was some overage of mileage. And we picked up the new Tesla. You should check for any specials that let you return early etc. with your delivery advisor at Tesla. Might save something on the existing lease.

 

[martind3]

We did last December. Just brought it in and we signed something. There was some overage of mileage. And we picked up the new Tesla. You should check for any specials that let you return early etc. with your delivery advisor at Tesla. Might save something on the existing lease.

Really? Who did you have your lease with?

 

[BBone]

Really? Who did you have your lease with?

I'm getting the feeling that you might be talking about leasing a 3? If that's the case I can't help you. Mine was a S and a X with Tesla directly. Let me know if that helps. Thought you were asking about the lease return process with Tesla

 

[Procyon]

Has anyone had any financing from local credit unions, or have you found them to shy away from financing for a Tesla? Just looking at all my options for this summer when we finally order the car.

 

[grundhawa]

Got 3.45 through Tesla financing which was through RBC

 

[SilverGS]

Got 3.45 through Tesla financing which was through RBC

Was that on a custom order brand new Tesla or a used one (also from Tesla)?

 

[grundhawa]

Got 3.45 through Tesla financing which was through RBC

Was that on a custom order brand new Tesla or a used one (also from Tesla)?

That was on a brand new Model 3 Standard Range +

 

[phtp]

That was on a brand new Model 3 Standard Range +

What's the term?

 

[grundhawa]

What's the term?

60 months.

 

[Chasingmars]

Ordered recently and got 3.59% for 72 month term on an M3 SR+ via Tesla order website financing section but I gather the lender is actually RBC.

 

[truenorth]

Good afternoon! First post for me. I am hopping to order my Model 3 in the next week. I have quick question:
If you place the order through the website, can you make an application at the same time for financing? Does Tesla just choose the provider, or can you choose? Or is it better to visit a Tesla sales centre and have a sales rep complete the process?