Not That M3,How long did the entire process take? Could you provide a timeline please?
We purchased a Model 3 in December 2021 and had to have ALL financing completed prior to delivery. It has to do with Texas not being allowed to "sell" direct in Texas. We did all of the paperwork, final payment, and also the financing was signed and funded before the car made it to Texas soil. We had no issues and the car was in great shape, had two minor issues and opened a service ticket at delivery on Pond Springs and those were handled quickly (one was a scuff mark in the clear coat near the passenger rear wheel well and the other was the passenger rear door was a bit harder to close than the rest).
We are now purchasing a second Model 3 in my name. My credit is fair to good, but I had no large vehicle purchases on my credit in the last 20 years or so. I had an RV, paid off...had a mortgage, also paid off a year ago, new mortgage...but had trouble with DCU and UFCU approving me without making a MUCH larger downpayment. I then went thru Tesla Finance and was approved in 3 minutes with a lower interest rate than I was expecting, very fair for my credit history.
I have already made final payment and waiting to sign the loan agreement. Delivery is set for next Thursday 5/26 at the Pond Springs lot (same one we picked up our first M3).