Just got news from Tesla! Tesla just signed up RBC as their new preferred lending partner, and had a big drop in rates! New financing rate is 2.49% for up to 96 months! That's cheaper than a home equity line of credit which is usually only fixed for 5 years! I got really lucky because I was scheduled for delivery last Friday and by luck had some issues with Scotia's approval process (which was also recently lowered to 2.99%) as they thought I was trying to take on 2 loans at the same time (where as I was trading in my old for the new), and today I got the call from Tesla that they got good news for me and RBC approved everything at 2.49!