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Hey guys,
This is my first post. I want to buy a new 2020 Raven Model S. I want to finance the car and I’ve been an avid reader for this forum. Should I go directly to the bank for financing, finance with Tesla or go through a broker?
Banks generally won’t deal with customers directly for loans/financing in amounts needed for Teslas.Hey guys,
This is my first post. I want to buy a new 2020 Raven Model S. I want to finance the car and I’ve been an avid reader for this forum. Should I go directly to the bank for financing, finance with Tesla or go through a broker?
damn.. i just got my Tesla two days ago.. my rate went from 3.4 to 3.25 on a 72 month amortization w RBC bank.
With the recent cut this rate should probably be at 3.0
Also interested to know this. I've dropped to 3.6 from 3.87 (beginning of March's prime cut)Anyone ask for a better rate
With the bank of Canada dropping interest rate
I did last week, after the first drop and they took .15% off my rate. I plan to send an email next week after yesterday's drop. I used this email, [email protected], which someone posted in this forum. Good luck!Anyone ask for a better rate
With the bank of Canada dropping interest rate
I did last week, after the first drop and they took .15% off my rate. I plan to send an email next week after yesterday's drop. I used this email, [email protected], which someone posted in this forum. Good luck!
Pre. Delivery scheduled for Mar 24Did they drop your rate by .15% pre or post delivery?
Just read an article that after this latest drop, the banks are waiting to make a decision. Prior to this drop, the BoC was expected to announce a drop mid April, so I'm guessing (uneducated) that banks will wait until then to make a change. I hope I'm wrong though, would love another reduction before delivery on March 24!!I was just quoted 3.25% on 60 months. Prior to submitting the application, my SA was saying that this rate was the "worst case scenario".
With 2 BoC interest rate cuts in the last month, I expected it to be lower especially since I have a pretty good credit standing.
Just read an article that after this latest drop, the banks are waiting to make a decision. Prior to this drop, the BoC was expected to announce a drop mid April, so I'm guessing (uneducated) that banks will wait until then to make a change. I hope I'm wrong though, would love another reduction before delivery on March 24!!
Emailed Tesla finance as suggested yesterday and got 3.75% --> 3.6% change for 96 months with RBC, thank you everyone!