How does payment of Tesla Financing work?

[jarvis2323]

I couldn't find details after searching, but basically I took delivery of my M3 LR on 6/29. Now i'm interested in how payments of Tesla Finance works? Is this through my Tesla account or will I be interacting directly with Chase? How long should I expect to wait until I hear from someone, as I don't want to miss getting my first payment in on time.

 

[snikt]

I couldn't find details after searching, but basically I took delivery of my M3 LR on 6/29. Now i'm interested in how payments of Tesla Finance works? Is this through my Tesla account or will I be interacting directly with Chase? How long should I expect to wait until I hear from someone, as I don't want to miss getting my first payment in on time.

It's through the bank, Tesla has nothing to do with it after that. I just took delivery and have already received several e-mails and info from Wells Fargo

 

[jarvis2323]

It's through the bank, Tesla has nothing to do with it after that. I just took delivery and have already received several e-mails and info from Wells Fargo

Awesome. Ty. I haven't heard anything yet, but it's only day 3 since I took delivery.

 

[taynn]

You should get your packet from Chase soon.

 

[Sal_berris]

Did you pay your downpayment already? I haven't gotten any communication on when it needs to be paid and what methods are available to pay (certified check, credit card, etc).

 

[Pregame]

Did you pay your downpayment already? I haven't gotten any communication on when it needs to be paid and what methods are available to pay (certified check, credit card, etc).

I was given the option to pay the downpayment once a delivery date was set (which they then removed after I paid haa..)

 

[jarvis2323]

Did you pay your downpayment already? I haven't gotten any communication on when it needs to be paid and what methods are available to pay (certified check, credit card, etc).

I paid my down payment when I picked up the car via certified check. Although I noticed some folks were providing personal checks. As for paying the loan I found details on the website. Seems you have to wait 1-2 weeks:

After Taking Delivery | Tesla Support

Find information about accessories, vehicle support and anything else you may need after taking delivery of your Tesla vehicle.

www.tesla.com

What You'll Receive by Mail	When
TD Auto Finance	First billing statement, privacy notice and new customer information for assistance in servicing your loan	Around 21 days prior to first payment due date
Wells Fargo	Welcome packet that includes first statement	Around 21 days prior to first payment due date
US Bank**	Welcome letter, followed by the first statement	Around 21 days prior to first payment due date
Chase	Welcome kit that includes a welcome letter, first quarterly statement and instructions for Autopay	Two to three weeks after receiving original loan documents

 

[Baytomax]

I paid my down payment when I picked up the car via certified check. Although I noticed some folks were providing personal checks. As for paying the loan I found details on the website. Seems you have to wait 1-2 weeks:

After Taking Delivery | Tesla Support

Find information about accessories, vehicle support and anything else you may need after taking delivery of your Tesla vehicle.

www.tesla.com

What You'll Receive by Mail	When
TD Auto Finance	First billing statement, privacy notice and new customer information for assistance in servicing your loan	Around 21 days prior to first payment due date
Wells Fargo	Welcome packet that includes first statement	Around 21 days prior to first payment due date
US Bank**	Welcome letter, followed by the first statement	Around 21 days prior to first payment due date
Chase	Welcome kit that includes a welcome letter, first quarterly statement and instructions for Autopay	Two to three weeks after receiving original loan documents

This is great information. Thank you.