Financing Tesla vehicles in Canada

[FK.92]

Got 3.5% through Scotia on a 60 month term

 

[artx55]

Also got 3.87 / 96 months a couple of days ago with Scotia

 

[SimonQ]

Went from 3.3% in September to 3.45% now in December with RBC. Not too bad of a change.

 

[nitishtm3]

3.87% 96 months with Scotia...

Any other bank offering better than this?

 

[wkyc]

3.85% RBC 96mths

 

[Monduiz]

3.87 with scotia for 96 months.

also delivery in two weeks. Just got confirmation of delivery.

 

[darwood]

RBC 3.85 / 96 months today

 

[wkyc]

RBC 3.45% 48mths

 

[yasir01]

Hello, Looking for a little help.

Planning to purchase Model 3 (LR) via Tesla Loan process. Within Tesla account, once I go through entering all info, at the end it list ~$9000 as the additional amount due. While placing order, I paid $3200 already. So my questions are...

1. is that normal that if the rest of the full amount is being financed, Taxes has to paid as additional down payment?
2. Is Tesla financing done via Scotia or RBC and they both return back with interest rate ?

Thank you

 

[MMMM Fun]

Have you completed the loan application online? For me, once I submitted my loan application, I received a confirmation in less than 24 hours that my loan was approved with RBC. I was also able to adjust the terms. They automatically approved for the full amount (including taxes) less the $3,200 deposit.

 

[yasir01]

Thank you, I did not as was not sure how this would work and credit check hits if I adjust again.

Submitted after your message and they did indeed adjusted. Only See RBC as approved with 96 months, 3.95% APR. Seems like they have increased compared to previous offers I see in the thread.

Anyone know how do you get Scotia quote as only see RBC ?

 

[Gordeee]

Anyone know how do you get Scotia quote as only see RBC ?

I think you get what you get ... I only got a Scotia quote. Rates have slowly been creeping up so 3.95% isn't terrible

 

[iKhalid]

I got both... Scotia is always a bit lower.

 

[yasir01]

Thanks, called Tesla and spoke to rep. Was told that Tesla Financial Analyst will review.

Now I see scotia quoted as 96 months, 3.87% APR

 

[jmspaggi]

Tesla booked me with RBC for mine. 72 months. Something like 3.87% too (Forgot the exact number)

 

[Technological]

Also 3.95% 96 months on Thursday. RBC.
As I get closer to delivery things may change of course, but that's not terrible.

 

[yeedub]

Was offered 3.47% for 72 months today

 

[Kalstad]

Put my order in on Jan.7th and was offered 3.55% for 72 months through RBC. Though when I visited the store that day they had shown me the rates for January and Scotia had 3.47%. So I later called and had it changed over.

 

[Snowie]

Just got offered today for 60 months, 3.47% via Scotia.

 

[Webeevdrivers]

So what happens if you want to put a greater amount down. Say 50 percent. Does it get resubmitted or is it live so to speak?

Can one talk to a person or is it just online.