Model 3 - LR AWD Waiting Room

[SkunkApe]

Another credit note, DCU uses Equifax as their credit bureau. Some banks pull all three credit bureaus, some use only one. If you apply for a mortgage, they typically pull all 3 and take your middle score. Most credit cards pull Experian or Transunion, and seldom Equifax. Sometimes they pull a combo or 2 or 3. Long story short, if you have pretty good credit, it's a really low hit. Of course, YMMV, it is your responsibility to understand your credit. I'll gladly help though.

Good to know! Thanks for this info. I do have excellent credit so the hit doesn’t worry me too much.

 

[Willis Llu]

For the Toronto folks, I decided to get some gas (last bit of gas for my ICE car…) and just casually drop by the tesla centre. Creeped around the lot and there were probably half dozen model 3s. They all had matrix lights, but they were all 231/234/235xxx VINs

Still patiently waiting for my 238xxx to arrive. I’m in my EDD window right now but have heard nothing.

 

[Wingstoplol]

I have just applied for a loan (DCU).
1.99% and it is valid for 45 days.
I have 45 days from now to have my car!
Elon! Please do something about it.

Damn, I just applied and got 2.74%... what's your credit score?

 

[Mwhusa]

I was under the assumption that anybody could join DCU. That doesn’t appear to be the case upon looking closer in their website.

Anyone can. To get 1.99% you have to make a donation, have direct deposit of your net paycheck, and buy an EV.

 

[NewEnglandCld]

Damn, I just applied and got 2.74%... what's your credit score?

I'm confused... I applied from my DCU account and it said I was approved, but then never showed the rate or anything... what am I doing wrong?

 

[JB47394]

For the Toronto folks, I decided to get some gas and just casually drop by the tesla centre. Creeped around the lot and there were probably half dozen model 3s. They all had matrix lights, but they were all 231/234/235xxx VINs

Whew. The way that started, I thought we were going to read about some serious arson.

 

[KieranTS925]

My delivery date has changed many times. Now between May 16 and June 13. We shall see......

 

[Not That M3]

I'm confused... I applied from my DCU account and it said I was approved, but then never showed the rate or anything... what am I doing wrong?

Same. If you scroll up and read it through a bit, I discussed this with some other members here.

 

[NewEnglandCld]

Same. If you scroll up and read it through a bit, I discussed this with some other members here.

Ah I see, probably just backed up with all the others trying to get in last-minute approvals prior to the rate hikes... maybe we can expect an email in the next day or so.

 

[Bogey Golf]

Woke up with good news today!

MSM / 18 Aero / Black Interior / No FSD

Order Date: 3/6
Initial EDD: May 13-June 10
4/22 Update: June 7-July 12
Todays 5/3 Update: May 22-June 19

Location: Southern California

I got that same update this morning and my EDD’s are identical to yours except my OD was a few days earlier than yours.

White Ext / Black Interior / 18 Aero / No FSD

Order Date: 2/28
Initial EDD: May 13-June 10
4/20: June 7-July 12
5/3: May 22-June 19

Location:Also Southern California

 

[Not That M3]

Ah I see, probably just backed up with all the others trying to get in last-minute approvals prior to the rate hikes... maybe we can expect an email in the next day or so.

Their CS seems overwhelmed as the hold time is an estimated 1.25-1.5 hours (not typical IME). I've been on hold for 1 hour 10 mins, I'll update this thread if they can provide me with the rate I was approved for as I'm curious and impatient.

 

[saf007]

N

For the Toronto folks, I decided to get some gas (last bit of gas for my ICE car…) and just casually drop by the tesla centre. Creeped around the lot and there were probably half dozen model 3s. They all had matrix lights, but they were all 231/234/235xxx VINs

Still patiently waiting for my 238xxx to arrive. I’m in my EDD window right now but have heard nothing.

Nice. Mines a 234 vin and supposed to pick up next Thursday. I'll go by for a test drive on Friday, so will have a look. Asked my SA what the rate for finance is, over 5% in Ontario. Also told I need to have thr bank draft from my account, can't be from my spouse. Sucks

 

[Prime1000]

Does it matter if we don't have an address under "Profile Settings" on the Tesla account website? I'm trying to figure out if I'm missing something. Called Tesla before and was told everything is complete. I'm getting tired of seeing no movement lol

 

[Mohammadm]

Damn, I just applied and got 2.74%... what's your credit score?

824
I think you need to set up a direct deposit (not the full paycheck, partial would be okay as I did) to get that rate.

 

[Willis Llu]

N

Nice. Mines a 234 vin and supposed to pick up next Thursday. I'll go by for a test drive on Friday, so will have a look. Asked my SA what the rate for finance is, over 5% in Ontario. Also told I need to have thr bank draft from my account, can't be from my spouse. Sucks

are you financing but putting a down payment via bank draft?

I’ll be paying mine outright but have a bank draft coming out of another account not under my name and I asked the SA this and said it was fine.

 

[saf007]

are you financing but putting a down payment via bank draft?

I’ll be paying mine outright but have a bank draft coming out of another account not under my name and I asked the SA this and said it was fine.

I am also looking to purchase it outright as well. I only got a call today to introduce the SA. It was an inventory car I booked last Friday. It's not Chloe, is it?

 

[Not That M3]

Their CS seems overwhelmed as the hold time is an estimated 1.25-1.5 hours (not typical IME). I've been on hold for 1 hour 10 mins, I'll update this thread if they can provide me with the rate I was approved for as I'm curious and impatient.

Hey all - I have bad news for y'all.

Stop applying for DCU. It is not a rate lock for 45 days. This was confirmed by the representative, I asked a few times.

I was approved for 2.74%.
2.49 since it is an EV.
1.99 if I setup Direct Deposit + EV (I will).

However, the rates are not locked. They are variable depending on the market. They only get locked when you upload the purchase agreement with the VIN and the paperwork is done. It is more like a pre-approval.

Ugh.

 

[DrivebyVolts]

It’s so frustrating that my EDD is December 9 - February 3 when I ordered on the same day, except my car is blue with a black interior.

No idea how this works. I had an EDD of July-Sept the day after I ordered. Come Monday and the the EDD had moved to Sept-Oct. Its only been a few days and based on so many other comments I expect the EDD to be a moving target.

 

[NewEnglandCld]

Hey all - I have bad news for y'all.

Stop applying for DCU. It is not a rate lock for 45 days. This was confirmed by the representative, I asked a few times.

I was approved for 2.74%.
2.49 since it is an EV.
1.99 if I setup Direct Deposit + EV (I will).

However, the rates are not locked. They are variable depending on the market. They only get locked when you upload the purchase agreement with the VIN and the paperwork is done. It is more like a pre-approval.

Ugh.

Ah, I wish I saw this news about 20 minutes ago... If you (we) already applied for DCU it might be worth asking SA to switch to loan/tesla financing and see what rate is locked in there. I believe it's 30 days for Tesla with a rate lock.

 

[Not That M3]

Ah, I wish I saw this news about 20 minutes ago... If you (we) already applied for DCU it might be worth asking SA to switch to loan/tesla financing and see what rate is locked in there. I believe it's 30 days for Tesla with a rate lock.

Do they still use U.S. Bank? If they do and the rate is exactly the same, U.S. Bank currently shows "Rates from 3.54% to 5.74% APR"
-not great.

Would be interested in more information. I won't apply for another loan ahead of time unless I can get confirmation it's a rate lock before I provide my VIN.