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Minimum Amount of Finance for Buyback guarantee

Discussion in 'Model S: Ordering, Production, Delivery' started by Clubmaker, May 4, 2014.

  1. Clubmaker

    Clubmaker Member

    Joined:
    Apr 5, 2014
    Messages:
    8
    Location:
    Illinois
    What is the minimum amount on % you cam finance and still get the buyback guarantee?
     
  2. tiblot

    tiblot Member

    Joined:
    May 22, 2013
    Messages:
    170
    Location:
    Herndon, Virginia, United States
    60%
     
  3. FLDarren

    FLDarren Member

    Joined:
    Apr 19, 2014
    Messages:
    618
    Location:
    Seminole, Fl.
    Unless the maximum amount you are approved for is less than 60%. Then you qualify for the resale guarantee with the maximum approved amount.
     
  4. NJ Plugin

    NJ Plugin Member

    Joined:
    Apr 9, 2013
    Messages:
    493
    #4 NJ Plugin, May 4, 2014
    Last edited: May 4, 2014
    And you have to keep the loan for a minimum of 6 month, no early payment penalties.
     
  5. tennisman

    tennisman Member

    Joined:
    Mar 13, 2014
    Messages:
    70
    Location:
    Westfield New Jersey
    This actually changed - the loan must be open during the 36-39 month buy back period - it is no longer the 6 month requirement.
     

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