Just got a VIN. What to do next?

[Budding]

Hello,

I ordered a MY LR blue in March, upgraded to MYP in the 1st week of Sept. Just got a VIN. I already am approved through Everence for the loan. Do i upload my current car insurance or have to buy one for the MY? What are the next steps? Please advise. Thanks!

 

[shurik74]

What I learned about the buying process from Ordering to Delivery

Being involved in five transactions with Tesla over the last few years, I thought I’d share what I’ve learned about the buying process from ordering to delivery. Forum commoners won’t find anything surprising here. So, this is really meant for those new to the process. Knowing about this forum...

teslamotorsclub.com

 

[voxel]

Hello,

I ordered a MY LR blue in March, upgraded to MYP in the 1st week of Sept. Just got a VIN. I already am approved through Everence for the loan. Do i upload my current car insurance or have to buy one for the MY? What are the next steps? Please advise. Thanks!

Loans with third party need some extra work. Get the MVPA generated with “loan” selected (NOT cash) so all state fees are included and send that to Everence. Bank of America approved me for a loan but would not finally approve until I sent a MVPA with exact amounts and thus I ended up with Tesla approved financing at the last minute.

Car insurance is state to state on a new car. You need to upload current insurance for some states and in others you need to be fully insured on your Y before delivery.

 

[RichardL]

FYI, if you decide to go with Tesla insurance (if that is even available to you), note that they won't 'bind' the insurance to the car until you actually have a pickup appointment - they won't do it based just on the EDD date range.

So wait until the pickup appt. is set, then camp on the phone to get the insurance (just did this over the weekend for my new S)

 

[Budding]

Tesla got back to me finally and stated current insurance is fine. Uploaded that, got the MVPA and forwarded to Everence. Now waiting on a delivery date. States Oct 5-15 in FL

 

[kithytom]

FL is okay to have current insurance, whereas CA will need you to insur that VIN first before taking delivery.

 

[RoBoRaT]

Tesla got back to me finally and stated current insurance is fine. Uploaded that, got the MVPA and forwarded to Everence. Now waiting on a delivery date. States Oct 5-15 in FL

If not already - Everence will require you to get insurance and list them as first payee before they release the funds. I am currently in this process....delivery tomorrow.

I opted for paper check to be sent to Tesla, will get to my delivery center today in time for delivery tomorrow.
There have been instances (seen in this forum) where it is very hard to reverse payment to a VIN in case you have to reject delivery. Then you can't use that (wired funds) to pay for another VIN.

 

[Budding]

Good point on the check. Will look into that.

 

[GOVA]

Get a bottle of your favorite booze for after pickup party.

Seriously, just hope they don't postpone the final delivery too much, but once you do have the VIN it is being put into existence.

 

[Budding]

Do you recommend making the downpayment via the app or check? If via the app, should I do that the day before delivery or after checking the vehicle?

 

[Mateo83]

Do you recommend making the downpayment via the app or check? If via the app, should I do that the day before delivery or after checking the vehicle?

On the app via plaid. I authorized it the morning of pick up.

 

[Budding]

On the app via plaid. I authorized it the morning of pick up.

What happens to the money if you have to reject delivery?

 

[Mateo83]

What happens to the money if you have to reject delivery?

I would assume it sits in escrow until the next is available. My funds didn't actually leave my account for a few business days. I'd be less concerned with anticipating to reject the car..