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codenameku
Member
From a post i read previously, if you are East Coast and didnt get a vin within the first week or so of EOQ Push, you might actually get pushed to the next Quarter. The EOQ Push is going to be good for all West Coast deliveries because it will let Tesla's books look better since the turn around for a delivery is much quicker with us.
I know Elon said that he wanted to move from Delivery waves/pushes. If this were the case he would have to stop prioritizing East to West coast deliveries between Month 1 until Month 3 of a quarter. I doubt he will move to a FIFO model.
codenameku
Member
Graduation day set for the 13th. I'm super excited I can finally clear up my office from all the Tesla accessories 
.
Picking up from Vallejo if anyone is on this side of NorCal
.Picking up from Vallejo if anyone is on this side of NorCal
Zane Liu
Member
Yeah I'm in East Bay (Berkeley) but been wondering where pick up would be. Is Vallejo the closest spot?Graduation day set for the 13th. I'm super excited I can finally clear up my office from all the Tesla accessories
Picking up from Vallejo if anyone is on this side of NorCal
codenameku
Member
Zane Liu
Member
Yes but that’s still a 40 min drive sometimes haha. I was hoping I could from the Berkeley service center but it’s temporarily closed.You know there is pick up in Fremont right?
I think it depends on where you want. You're closer to SF. But TBH I think you should take the trip to Walnut Creek or even Vallejo for pick up. Only cause SF drivers have no idea how to drive and I'd want my car to make it home before an accident happens
Zane Liu
Member
Yeah, that's when you definitely don't want to be there
. I work for Amazon and deliver in SF. Trust me when I tell you you don't want to be there when it's busy. You'll be too excited when you get your car that you probably won't be paying attention 100% just like every other person in SF and hit a curb, or another carWhen is your EDD?I woke up to a vin!!!
352xxx
M3LR W/B 18 aero no FSD, no EAP. OD 05/19
@SoCal_LoveGraduation day set for the 13th. I'm super excited I can finally clear up my office from all the Tesla accessories
Picking up from Vallejo if anyone is on this side of NorCal
So I apologize if this is well known, but this is my first time buying a car and I just figured this out:
When you apply for the financing with tesla they will calculate your interest over the life of the car on the spot and add it to your loan amount. It does not matter if you pay off early you will still owe X amount of interest. I didn't realize this or I may have opted for less amount of months and/or a larger down payment. On the good side you will know what your payments will be and they will not change as long as you pay them each month.
When you apply for the financing with tesla they will calculate your interest over the life of the car on the spot and add it to your loan amount. It does not matter if you pay off early you will still owe X amount of interest. I didn't realize this or I may have opted for less amount of months and/or a larger down payment. On the good side you will know what your payments will be and they will not change as long as you pay them each month.
Zane Liu
Member
Lol I certainly hope not. I commute down to South Bay so often I'm actively trying to avoid pick up there. But then again, I am taking it to OCDetailing so Fremont may not be so bad. Just far from East Bay again.Yeah, that's when you definitely don't want to be there
That would surprise me. You're borrowing the amount needed for the car, not anything more. If you pay off that amount early, you should not need to pay the remaining interest. A lender may have penalties for early prepayment because they insist on making a certain amount of money, but you shouldn't be on the hook for the entire amount.
Should You Pay Off Your Car Loan Early? | Bankrate
They don't have prepayment penalties. Like I said I didn't realize it but looking at the loan agreement I figured out what they did. They took the interest rate (in my case 4.24%) then they look at the years (in my case 72 months, 6 years). Then they look at the amount financed (in my case 27k). Then they put it thru a loan/apr calculator (compounded annually) and they get the interest (in my case 3.5k) they then add that to the principle (27+3-30K) and divide it by 72 months to get your monthyl payment. I checked the math and it works out to that. They also have clauses buried in the contrast that state you must pay off this total amount to satisfy the lien. So once you sign you are the hook for all the interest no matter when you pay it off. ( I included my numbers in case anyone wants to check the math themselves.)
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