Paying by ACH early

[willa1975]

This is a side note. I will likely order my Model 3 in a few weeks. How much of the deposit can I pay with my credit card?

$2500

I don’t think they are doing reservations anymore.

 

[BestHand]

Lets face it: will any seller in rush to deliver to somebody who already paid? What the point then to pay upfront? We often think that sellers like us: if I got the money I will deliver right away. Sellers are different animals. After receiving the money there is nothing pushes them to deliver really. So they will deliver at first to those who have to pay right after delivery. The ones who paid already can wait, especially if there is no delivery date in a contract.
Edit to add: I will bring cashier check to delivery.

 

[xyeahtony]

Lets face it: will any seller in rush to deliver to somebody who already paid? What the point then to pay upfront? We often think that sellers like us: if I got the money I will deliver right away. Sellers are different animals. After receiving the money there is nothing pushes them to deliver really. So they will deliver at first to those who have to pay right after delivery. The ones who paid already can wait, especially if there is no delivery date in a contract.
Edit to add: I will bring cashier check to delivery.

tesla has no incentive to hold onto your car any longer than they need to. Parking space for cars is limited. Tesla pays a $$$$$$$$ load of money to lease those parking lots for the model 3s.

 

[BestHand]

tesla has no incentive to hold onto your car any longer than they need to. Parking space for cars is limited. Tesla pays a $$$$$$$$ load of money to lease those parking lots for the model 3s.

Of course, my point was that paying upfront will not move you ahead in line.

 

[xyeahtony]

Of course, my point was that paying upfront will not move you ahead in line.

probably not, but delays in payment may delay your delivery.

 

[BestHand]

probably not, but delays in payment may delay your delivery.

That is why I will bring cashier check to delivery. What can go wrong then?

 

[xyeahtony]

That is why I will bring cashier check to delivery. What can go wrong then?

losing the check for one.

 

[BestHand]

losing the check for one.

Yes, also we can lose our driver licenses, insurance, registrations and many more. Oh, wait, I actually never lost anything like this yet. But you are right, there is a possibility.
Edited: BTW, if I lose cashier check it will take about 10 min to get another one in a closest branch.

 

[xyeahtony]

Yes, also we can lose our driver licenses, insurance, registrations and many more. Oh, wait, I actually never lost anything like this yet. But you are right, there is a possibility.
Edited: BTW, if I lose cashier check it will take about 10 min to get another one in a closest branch.

Im just speaking hypothetically, but if you had delivery on a saturday/sunday your bank would likely be closed. Not trying to be difficult, just showing there are real advantages to paying before delivery as opposed to waiting until the last minute.

A piece of paper (check) is more likely to be lost than a drivers license which is usually secured in your wallet and a lot of people have insurance on their phone and tesla would have already required you to upload the card online.

 

[BestHand]

Im just speaking hypothetically, but if you had delivery on a saturday/sunday your bank would likely be closed. Not trying to be difficult, just showing there are real advantages to paying before delivery as opposed to waiting until the last minute.

A piece of paper (check) is more likely to be lost than a drivers license which is usually secured in your wallet and a lot of people have insurance on their phone and tesla would have already required you to upload the card online.

Well, you are right that piece of paper is more likely to be lost than a drivers license. Talking about bank, I do not think I will wait for the weekend to make a cashier check... Paying in advance couple month ahead big money is not my habit. I prefer to get my interest, not to give it to someone else. From another site, for some people it is not a big money at all.

 

[xyeahtony]

Well, you are right that piece of paper is more likely to be lost than a drivers license. Talking about bank, I do not think I will wait for the weekend to make a cashier check... Paying in advance couple month ahead big money is not my habit. I prefer to get my interest, not to give it to someone else. From another site, for some people it is not a big money at all.

maybe not a month early, but a week early perhaps. My ACH payment option did not appear until the MVPA was produced, which was basically only 5 days before delivery.

 

[BestHand]

maybe not a month early, but a week early perhaps. My ACH payment option did not appear until the MVPA was produced, which was basically only 5 days before delivery.

I could be wrong, but I think that having my check in my hand I still have a bit more leverage on delivery day vs seller received my money. At least I will feel that way.

 

[frank69]

Don't do it..go in with a cashier's check

 

[rdlink]

No way I'm doing an advanced ACH. Cashier's check in hand. Once I have accepted the car they get their money.

 

[ZBB]

I was also told this by an IDA and would like to know if anyone has recently paid like this because this is my preferred option.

I work with someone that paid by ACH at delivery...

 

[SteveTack]

I work with someone that paid by ACH at delivery...

I also paid by ACH on site at delivery. Added maybe five minutes to the process. If they see it go through at tesla.com without an error, they move right on to the next steps.

 

[Daniel in SD]

I just wrote a personal check at delivery. Is that something they only allow for owner reservations? Or does it vary by state? I don’t see why you would do anything else...

 

[rdlink]

I just wrote a personal check at delivery. Is that something they only allow for owner reservations? Or does it vary by state? I don’t see why you would do anything else...

What's a personal check? LOL

 

[CCIE]

I just wrote a personal check at delivery. Is that something they only allow for owner reservations? Or does it vary by state? I don’t see why you would do anything else...

From what I’ve read, they only take personal checks for the S & X. Those of us buying the 3 aren’t trustworthy enough accept a check from!

 

[rdlink]

From what I’ve read, they only take personal checks for the S & X. Those of us buying the 3 aren’t trustworthy enough accept a check from!

They just want to make sure the money is in their account before the bumper falls off...

I kid.