Let's talk financing rates

[tivoboy]

I went with PLCU at 1.5% for 48 months. They were great. I asked about rate lock period because I didn't know when I would get a VIN. They assured me that they'd lock it for as long as I needed. They'd done quite a few Model 3 loans so they were familiar with the VIN uncertainty. The manager would call periodically to see if there was anything they could do during the VIN wait. Going through the loan paperwork was extremely quick and easy.

That's a great rate, was that locked in a WHILE ago? I don't see that rate even for new EV. Good to keep it if you can.

 

[barcagp]

I received an 84 month quote from Alliant. 4.3%
Good? Bad? Keep shopping?

 

[jvmoore1]

I received an 84 month quote from Alliant. 4.3%
Good? Bad? Keep shopping?

Xceed is 3.00% for 84 mo
Credit Union Loan and Deposit Rates | Xceed Financial Credit Union

 

[Johnabis]

That is the lowest rate I am seeing right now for an 84 month loan

 

[dailo]

Does lightstream need any information from Tesla before they can fund? Was wondering if i just got them to match another approved loan if they would just fund right away?

 

[Johnabis]

does anyone know if financing through Tesla offers 84 month financing? or is the max 72?

 

[barcagp]

does anyone know if financing through Tesla offers 84 month financing? or is the max 72?

They told me max was 72 months

 

[ddm3]

That's a great rate, was that locked in a WHILE ago? I don't see that rate even for new EV. Good to keep it if you can.

That was a couple of months ago. It looks like they still have 1.75% for 48 months or 2.25% for 66 months.

 

[tivoboy]

That was a couple of months ago. It looks like they still have 1.75% for 48 months or 2.25% for 66 months.

Hmm I only saw 2,50% for 48 months on their rate page.

 

[Ibmab7]

I got it for 0.99% for 72 months. $0 down.

This is through a special program for CT residents buying certain EVs. This rate was available through June end, and is currently available for 1.99%.
CT residents planning to buy EV, might like to check this out here..

Special Offer for Electric Vehicle (EV) Buyers! | Connecticut Green Bank

Hope this helps someone.

 

[jelly]

Does lightstream need any information from Tesla before they can fund? Was wondering if i just got them to match another approved loan if they would just fund right away?

They don't need any car information. Just the other loan. Takes a few hours.

 

[durann31]

Anyone found any good credit unions/banks in NJ with an APR between 1.99 (or lower) and 2.99% for 72 mo. Haven't had much luck finding any!

 

[rlb4]

Anyone found any good credit unions/banks in NJ with an APR between 1.99 (or lower) and 2.99% for 72 mo. Haven't had much luck finding any!

Xceed is 2.9% for 72 mo. Then you can get Lightstream to rate beat by 0.1% and also an unsecured loan.

 

[durann31]

Xceed is 2.9% for 72 mo. Then you can get Lightstream to rate beat by 0.1% and also an unsecured loan.

Sweet will look into that

 

[stayfocus18]

Anyone found any good credit unions/banks in NJ with an APR between 1.99 (or lower) and 2.99% for 72 mo. Haven't had much luck finding any!

try mcu
MCU: Services - Auto Loans

 

[rlb4]

try mcu
MCU: Services - Auto Loans

Rate is about the same as Xceed but seems very limited in membership options.

 

[tivoboy]

does anyone know if financing through Tesla offers 84 month financing? or is the max 72?

please don't buy this car (or any car) if you need to finance it over 84 months.

 

[durann31]

Rate is about the same as Xceed but seems very limited in membership options.

I am eligible for a membership and will probably talk between Xceed,lightstream and MCU .

 

[tomjonesrocks]

Xceed is 3.00% for 84 mo
Credit Union Loan and Deposit Rates | Xceed Financial Credit Union

I contacted them and at that won't be the rate - the website isn't accurate. It's 3.15% for autopay at 72 months for 840+ credit and 82 months is some amount higher (can ask what the reality is but can confirm 3.15% for 72 months).

 

[tomjonesrocks]

please don't buy this car (or any car) if you need to finance it over 84 months.

I never quite understand this advice. You can pay any amount you want over what's required and if the interest increase is nominal to nonexistent the longer term just gives more flexibility on what you *have* to pay. I understand the point if you only plan to pay the minimum, though...