Since I got the call from Tesla this week, I went ahead and applied for my loan. I joined
Delta Community Credit Union. The rates had gone up .1 % since the rates in January but many of the CUs I was looking at had gone up since then (assuming due to the recent market ‘correction’).
Rates:
New Car Loans | Used Car Loans - Delta Community Credit Union
They were great in working with the Tesla inside sales advisor and took care of getting the loan approval document to the ISA to get my delivery set up. They took care of everything and were super accommodating about everything. The ISA told me that it was easier for Tesla if I brought the loan check with me to the delivery instead of them processing things with the CU. I mentioned that to the CU and they contacted the ISA and took care of everything and kept me in the loop. From the time I applied for the loan to the time the ISA had the approval paperwork was less than 20 minutes! And told me they would overnight the check to me so I would be able to schedule my delivery ASAP!
I chose to do the loan process over the phone and I’m glad I did, the CU agent I dealt with even told me how to get $50 for opening an account with them (you have to open an account in order to get a loan). When I called to apply for the loan, they could have just processed everything and not even mentioned anything about the referral $50 program. But she suggested I: 1) join the referral program, 2) open an account, 3) apply for the loan. She could do #2 and 3 over the phone or I could do them online, but joining the referral program FIRST was key.
So if you are planning on using Delta Community CU and need a referral, feel free to use mine below.
Also let me know if anyone wants the CU agent’s name and contact info and I can PM it to you.
Referral link:
Earn great rewards!