Financing Tesla vehicles in Canada

[Blue2020]

Newbie here just had financing approved for 96 months at 3.87% with Scotiabank. Getting a little excited!

Ditto to Dr - newbie here and that I got the exact same rate and term through Scotia. Anyone have the RBC 96 Month rate at the moment?

 

[ZachGil]

Ditto to Dr - newbie here and that I got the exact same rate and term through Scotia. Anyone have the RBC 96 Month rate at the moment?

All depends on each person. I got 3.75 via RBC on 96 Month. I applied last month.

 

[outdoorsaddix]

I just asked my Delivery Specialist to put through a request to RBC today because of the 3.75% rate just posted. Just got a 3.6% approval back for 96 months. Much better than the Soctia 3.87% rate previously on my account.

 

[ZachGil]

I just asked my Delivery Specialist to put through a request to RBC today because of the 3.75% rate just posted. Just got a 3.6% approval back for 96 months. Much better than the Soctia 3.87% rate previously on my account.

I wonder if the rates have dropped. Even if they had, .15 of a percent is not worth the second credit check. Glad you got that!

 

[Wongc]

Anyone know rates for cpo vehicles? Or are they same as buying new? Thanks

 

[dcjcdc]

curious what is current 72 month with scotia or rbc with tesla
thanks

 

[Spenny818]

curious what is current 72 month with scotia or rbc with tesla
thanks

I was approved on February 6 @ 3.47% with Scotia over 72 months. Not sure if it has dropped since then.

 

[brian_langley]

With today's drop in both mortgage rates and the overnight lending rate to 1.25% has anyone seem lowers rates being offered by RBC or Scotiabank via Tesla?

 

[ZachGil]

With today's drop in both mortgage rates and the overnight lending rate to 1.25% has anyone seem lowers rates being offered by RBC or Scotiabank via Tesla?

I’ve emailed my SA

 

[Alen328]

Keep us posted. I'm interested as well. Just got my delivery scheduled for the 16th.. Would be nice to get lower rate before then.

 

[kchan]

I got approved for 3.4 for 72 months with RBC but this rate should be lower as of today. Will check with Tesla financing department.

 

[jm_cct]

I got 3.25% from RBC for 72 months when I showed up for my pickup today. Previously it was 3.55%

 

[dcjcdc]

mine got lowered as well to 3.25 for 72 months..with government announcing rate drop...should be lower again today...anyone get lower than the 3.25 rate as thats tesla march rate when i contacted them

 

[Spenny818]

I got 3.25% from RBC for 72 months when I showed up for my pickup today. Previously it was 3.55%

Did you have to request they re-run your financing application in advance, or was the lower rate just reflected when you were doing the paperwork?

 

[Putney]

Did you have to request they re-run your financing application in advance, or was the lower rate just reflected when you were doing the paperwork?

Wondering the same. My account still shows 3.75%, does it only change on delivery?

 

[jm_cct]

Did you have to request they re-run your financing application in advance, or was the lower rate just reflected when you were doing the paperwork?

The delivery specialist told me it was likely because it had been more than 30 days since my initial financing application- so they would have had to re-run it.

 

[anandoc]

Did you have to request they re-run your financing application in advance, or was the lower rate just reflected when you were doing the paperwork?

You need to reach out to Tesla financing team. The application needs to be re-submitted to RBC/Scotia so that they can approve the updated rates. I just emailed Tesla finance and heard back from them.

 

[brian_langley]

I got approved for 3.4 for 72 months with RBC but this rate should be lower as of today. Will check with Tesla financing department.

Hi There,

Did you hear back from Tesla on if the 3.4% has been lowered? I was approved for that same rate a couple of week ago.

 

[Kappatown35]

You need to reach out to Tesla financing team. The application needs to be re-submitted to RBC/Scotia so that they can approve the updated rates. I just emailed Tesla finance and heard back from them.

Email for Tesla finance ?

 

[anandoc]

Email for Tesla finance ?

[email protected]