NikolasRide
Member
Imagine having your 1st vehicle being a Tesla???
What a great time to be growing up in!
What a great time to be growing up in!
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I drive too many miles too leasei'm shocked so many are financing. I assumed many would be leasing since battery tech is still new. I'm still undecided myself but i will drop probably close to $20,000 down. I'll get a rebate cheque for $14,000 from the Ontario gov't for getting an EV which is pretty awesome and generous.
If that credit is still around 3 years after the Model 3 is out i may opt to get a newer Model 3 or Y in that time. (hence why i may opt to lease first and then buy/finance another Model 3 or Y then.
At first, I didn't see the relevance of this post. But then I thought about it from a different viewpoint. I'll be paying cash, but then I thought - How? My credit card has a limit which is below the purchase price, so how have people gotten their payments into the hands of the good folks in Palo Alto - Mail fat envelopes of bills? Bank Drafts? Pay Pal? How does the physical transfer of funds work?
Just curious,
Wildm011
Ahhh - I HAVE heard of those things! I am just so used to (online) businesses not taking them, I hadn't considered that Tesla would accept them. However, since it's paid in a advance prior to production or shipment, I suppose their risk for NSF cheques would be low. Thanks for the reminderEver heard of these things called checks? (Pieces of paper that you write out the payee and amounts on... )
You can also go with a cashier's check, or do a ACH bank transfer. They don't take credit cards for anything but the reservation and deposit.
Funny, in the UK that's are called cheques. Thats English for youEver heard of these things called checks? (Pieces of paper that you write out the payee and amounts on... )
You can also go with a cashier's check, or do a ACH bank transfer. They don't take credit cards for anything but the reservation and deposit.
OK, so I was think how everyone will pay for the car. Cash? lease? Loan?
I was always in the frame of mind I would never buy a new car due to initial cost and depreciation. However with the model 3 things are different (for me at least) I do around 70k miles a year so the car will almost pay for its self in a year or so (fuel is around $7 dollars a gallon here in the UK) leasing is out of the question for me due to the high mileage.
I used Energy Federal Credit Union, .5 off for EVs, 1.11% a year ago (.61% a few months before I got mine), I don't know what their rate is now (Home :: Energy Federal Credit Union).Does anyone have a list of Banks and Credit Unions that offer a discount on rates for purchasing an EV?