In the US, it is best to hold off on the credit application until your car is ready and on the way, as the approval is only valid for 30 days and they will have to pull your credit again if you are waiting longer than that.
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LR AWD Waiting Room
- Thread starter tperugia
- Start date
I applied through Tesla and got approved through US Bank and it’s good for 60 days.
By coincidence, Tesla called me today to ask to to complete the credit application, so they can match me with a car. No word on how long to wait though.
Placed my order on 8/3 and got matched to an inventory car a few days later. Tentative delivery date is 8/15!
I had a call from Tesla today asking me to complete the credit application, so they could match me with a car. No word how far out I am from delivery yet. I completed the application and got 2.34% from chase
Spacep0d
Active Member
Hi All,
Congrats to those of you who received your LR Model 3s and those of you who ordered! I have a question. I'm getting some money next week which I'll use for a substantial down payment. Is it safe to order now considering that I'm doing a loan and the 3+ week lead time? In other words, how soon would someone be asking for my down payment? I figured I should be in the queue earlier than later.
Thanks!
Congrats to those of you who received your LR Model 3s and those of you who ordered! I have a question. I'm getting some money next week which I'll use for a substantial down payment. Is it safe to order now considering that I'm doing a loan and the 3+ week lead time? In other words, how soon would someone be asking for my down payment? I figured I should be in the queue earlier than later.
Thanks!
Spacep0d
Active Member
--UPDATE--
Can't edit post so here goes. I heard back from Tesla directly and they mentioned that I should just go ahead and order my Tesla Model 3 Long Range AWD due to the lead time, and I just did! Very excited. Any tips while I wait?
HarpoonS
Member
Hi, I’m new to the forum but I’ve been following along for some time now waiting like the rest of you guys!
Ordered a Model 3 Long Range in white with black interior with 18” aeros on 6/26 in Los Angeles and asked to take delivery August/September but submitted the loan application sooner since we were prepared sooner to take delivery. Approved for 2.49% 72 months with US BANK on the 23rd of July, still no VIN or updates on delivery. Received the same automated text message of 5-8 week delivery despite an earlier reservation! The wait is killing me, hopefully we’ll all get our delivery dates soon! Feels silly to have all accessories and even a key fob with no car
Ordered a Model 3 Long Range in white with black interior with 18” aeros on 6/26 in Los Angeles and asked to take delivery August/September but submitted the loan application sooner since we were prepared sooner to take delivery. Approved for 2.49% 72 months with US BANK on the 23rd of July, still no VIN or updates on delivery. Received the same automated text message of 5-8 week delivery despite an earlier reservation! The wait is killing me, hopefully we’ll all get our delivery dates soon! Feels silly to have all accessories and even a key fob with no car
Michelle_eriw
Member
I called the Tesla office in Cincinnati today. After confirming that I initially (on June 2) asked for delivery in early 2021, and then changed it to ASAP (on July 17), they said that there's no VIN assigned to my order yet, but they expect a bunch of them in two to four weeks; it would then take two weeks to ship the car from the plant in Fremont. She concluded that at the latest, it would be the end of September
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BrandonR24
Member
Okay, just dropped off my 2017 Malibu off today because my lease is over. Now me and my wife are sharing a vehicle until my Tesla is in my possession. Ordered 7/24, nothing new on the page yet, but if they wanna speed up my order, that would be kinda cool...lol. Come on Cinci!
Michelle_eriw
Member
Looks like we may have a long wait; I changed my order from Jan-Feb next year to ASAP on July 17. Cinci tells me that it may not be until the end of September.
BrandonR24
Member
Sigh. Haha I don’t like to rush time, but maybe just this one time I’d like time to go faster.
Spacep0d
Active Member
I just got my text today from Tesla to complete my credit application, so I did. I should hear back next week. Anyone know my chances of securing a good rate? For Auto Loans, my FICO scores are between 700-730 depending on the bureau they pull from. Does anyone know which bureau Tesla uses for credit apps? Hopefully the text is good news.
Michelle_eriw
Member
Tesla doesn't do the credit. US Bank does it through Transunion. Unlike major auto manufacturers, Tesla doesn't have a lending company.
Spacep0d
Active Member
I see, they just broker the deal eh? Thanks much. Just saw the hard inquiry through TransUnion. Thanks!
Spacep0d
Active Member
I placed my order (blue, black interior, LR, 18") on July 17th, so I'm approaching my 4th week in my 4-8 week estimated wait. In the meantime, I've been keeping a close hear to the message boards pertaining to order/delivery. I've also watched a ton of Youtube videos and Tesla Model 3 tips & features and saved them so that I can pull them back up after I get my car. Also, you might want to start looking at the more imperative accessories for the Model 3 and maybe place your orders now/soon (as they are sometimes low on inventory or take at least several weeks to deliver. I've ordered some essentials: car cover & floor mats; I ordered them 3 weeks ago and still waiting ... but I'm pretty certain I'll still get them before I get my car. All of the fun accessories, I'll start ordering once I have my car, like puddle lights and console wraps, etc. Along with Amazon, here are some popular ones: rpmtesla.com ; evannex.com ; tsportline.com ; electrek.co ; taptes.com.
